Private Wealth Advisor I/II/III

Trustmark Corporation; Houston (TX); On-site; USD 60,000 - 120,000; Full time

Job summary

Join a forward-thinking company as a Private Wealth Advisor, where you will serve as a trusted financial counselor to high-net-worth individuals and families. This role offers the opportunity to provide comprehensive wealth management solutions, including financial and estate planning guidance, while building lasting relationships with clients and internal partners. You'll collaborate with a dedicated team to address complex financial challenges and drive new business growth. If you're passionate about making a difference in clients' lives and thrive in a dynamic environment, this is the perfect opportunity for you to advance your career and contribute to a diverse and inclusive workplace.

Benefits

Professional Development Opportunities

Diverse and Inclusive Workplace

Flexible Work Environment

Health and Wellness Programs

Retirement Savings Plan

Qualifications

• Experience in wealth management and client relationship management is essential.
• Knowledge of financial planning, estate planning, and investment strategies required.

Responsibilities

• Develop and maintain long-term relationships with high-net-worth clients.
• Create comprehensive financial plans addressing complex wealth management challenges.
• Collaborate with investment managers for portfolio reviews and client meetings.

Skills

Client Communication

Interpersonal Skills

Financial Planning

Estate Planning

Investment Management

Tax Optimization

Philanthropic Strategies

Sales Experience

Education

Bachelor’s Degree in a business-related field

Graduate Degree in a related field

Graduate of Trust School

Tools

Financial Software

CRM Systems

Job description

The Private Wealth Advisor serves as a trusted financial counselor to high-net-worth individuals and families. This role requires providing comprehensive wealth management solutions, including financial planning and estate planning guidance, while maintaining the highest standards of client service. The role will work with existing clients, prospects, internal partners and external partners in an effort to grow relationships and new business.

This position may be filled as a Level I, II or III. Additional responsibilities and qualifications apply.

Responsibilities:

• Develop and maintain long-term relationships with high-net-worth clients, serving as their primary point of contact for all wealth management needs.
• Work with the team to create comprehensive financial plans that address complex wealth management challenges, including investment management, estate planning, tax optimization and philanthropic strategies.
• Work with the Investment Manager to conduct portfolio reviews and client meetings to ensure alignment with financial objectives and risk tolerance.
• Coordinate with client’s other professional advisors to ensure integrated wealth management solutions.
• Identify and cultivate relationships with prospective clients.
• Service existing clients, including in-person meetings, telephone calls, emails and exchange of written documents.
• Collaborate with Private Wealth Executives to service relationships.
• Develop new business through revenue generation.
• Present on behalf of Trustmark Wealth Management to various groups both internally and externally.
• Support the organizational unit and Wealth Management division as requested for projects, or special operational events.
• Understand the various requirements for governing instruments and other account opening policies, procedures, regulations and laws.
• Perform additional duties as assigned.

Qualifications:

• At least one of the following:
  • Graduate of Trust School plus 3 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Bachelor’s Degree in a business-related field plus 5 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Graduate Degree in a field related to the function of the organizational unit plus 3 years of experience in the administration of the type of accounts and clients related to the organizational unit or in a field related to the graduate degree.
• The associate must be able to demonstrate at least a moderate level of knowledge of the types, complexity, respective governance, transactions and industry practices of the clients and accounts administered by the organizational unit.
• Excellent client communication and interpersonal skills (oral and written).
• Certified Trust and Financial Advisor (“CTFA”) or other Certification within the field of the organizational unit preferred.
• Juris Doctor preferred.
• CPA preferred.

Level II Additional Qualifications:

• At least one of the following:
  • Graduate of Trust School plus 6 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Bachelor’s Degree in a business-related field plus 10 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Graduate Degree in a field related to the function of the organizational unit plus 7 years of experience in the administration of the type of accounts and clients related to the organizational unit or in a field related to the graduate degree; or
  • Seven or more years of experience in the private practice of law or professional accounting; or
  • Three years of financial planning and/or proven sales experience in a Wealth Management firm.
• The associate must be able to demonstrate at least an advanced level of knowledge of the types, complexity, respective governance, transactions and industry practices of the clients and accounts administered by the organizational unit.

Level III Additional Qualifications:

• At least one of the following:
  • Graduate of Trust School plus 8 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Bachelor’s Degree in a business-related field plus 12 years of experience in the administration of the type of accounts and clients related to the organizational unit; or
  • Graduate Degree in a field related to the function of the organizational unit plus 10 years of experience in the administration of the type of accounts and clients related to the organizational unit or in a field related to the graduate degree; or
  • Ten or more years of experience in the private practice of law or professional accounting; or
  • Five years of financial planning and/or proven sales experience in a Wealth Management firm.
• The associate must be able to demonstrate at least an advanced level of knowledge of the types, complexity, respective governance, transactions and industry practices of the clients and accounts administered by the organizational unit.

Physical Requirements/Working Conditions:

Must be able to travel for lengthy periods of time via car or airplane.

Note: This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.

Working with Us

Teamwork and the individual contributions of our associates are recognized as the drivers of our success. At Trustmark, we are committed to preserving and advancing a diverse and inclusive workplace, where each associate, customer and shareholder is respected, valued and encouraged to share in our commitment. We make significant investments in our associates so that they may enhance their personal and professional skills, because we want each associate to grow, flourish and fulfill their career aspirations. Come onboard and join our team!

Equal Opportunities for All

Trustmark exemplifies the strength and possibilities that come with a diverse and inclusive team. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, marital status, genetic information, pregnancy, national origin, protected veteran, disability status, or any other characteristic protected under applicable law. Trustmark is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment.

Upon accepting a position with Trustmark, the following pre-employment screenings must be completed:

• Verification of employment, education and other data provided by you on your employment application.
• Verification of eligibility to work in the US.
• Criminal background check.
• Credit check (required for certain positions).
• Fingerprinting (required for certain positions).