Private Wealth Management Wealth Advisor

Regions Bank; Indianapolis (IN); On-site; USD 120,000 - 165,000; Full time

Benefits offered by this job

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Life Insurance

Job summary

A major financial institution is seeking a Private Wealth Management Trust Advisor in Indianapolis. The advisor will be responsible for acquiring and managing personal trust and investment client relationships, requiring strong analytical skills and a bachelor's degree in a relevant field. Ideal candidates will have substantial experience and knowledge of trust principles. The position offers competitive compensation and benefits including a 401K, health insurance, and paid time off.

Qualifications

• Eight years of relevant experience with direct client interaction.
• Strong knowledge of trust principles and regulatory matters.
• Demonstrated knowledge of fiduciary products and services.

Responsibilities

• Acquire Personal Trust, Estate, IRA, and Investment Management client relationships.
• Assess clients' financial situations to grow relationships.
• Ensure compliance with fiduciary principles.
• Stay updated on trends in trust and investment management to ensure prudent administration.
• Oversee setup and administration of trusts, estates, IRAs, IMAs and custody accounts.
• Mentor junior trust advisors.

Skills

Analytical skills

Problem-solving skills

Presentation skills

Sales abilities

Communication skills

Organizational skills

Education

Bachelor’s degree in Business, Finance, Economics, Accounting or a related field

Advanced degree (e.g., JD, LLM, CPA, MBA)

Tools

Microsoft Office Suite (Word, Excel, PowerPoint)

Job description

Introduction

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career—a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Data Protection Statement

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description

At Regions, the Private Wealth Management Trust Advisor is responsible for the acquisition of Personal Trust, Estate, Individual Retirement Account (IRA) and Investment Management client relationships. This role is responsible for prospecting, developing internal and external business networks for the purposes of generating new business opportunities, and participating in sales presentations. In addition to client acquisition, this role is responsible for retaining and providing advisory services and support to existing client relationships. This role is also responsible for the complete administration of each account assigned.

Primary Responsibilities

• Performs perpetual discovery, assessing a client's financial situation to retain & grow the client relationship
• Provides guidance and solutions for the development and on-going maintenance of complex investment allocations, goals, and objectives; typically manages large and/or complex client relationships
• Generates large new business opportunities on a consistent basis
• Keeps abreast of trends and developments in the trust and investment management industry to ensure prudent administration and investment management
• Partners with the Trust Administrator to oversee the set-up, implementation and administration of trusts, estates, IRAs, Investment Management Accounts (IMAs), and custody accounts
• Ensures that account administration complies with fiduciary principles
• Coordinates client service activities with other wealth management partners
• Mentors and coaches junior trust advisors

Requirements

• Bachelor’s degree in Business, Finance, Economics, Accounting or a related field
• Eight (8) years of Trust Administration, Estate/Tax Law, Financial Planning, or relevant experience including direct client interaction to deliver fiduciary services (financial, tax, philanthropic and estate planning and advice, legal, insurance, real estate, asset management, trusts, estates, wills, IRAs, qualified retirement plans, or custody services)
• Strong knowledge of trust principles and regulatory and tax matters relating to the administration of trust accounts
• Demonstrated knowledge of fiduciary products and services, including legal, tax and regulatory requirements applicable to fiduciary relationships and the administration of trust accounts

Preferences

• Advanced degree (e.g., Juris Doctorate (JD), Master of Laws (LLM), Certified Public Accountant (CPA), Master of Business Administration (MBA) or Master of Taxation)
• Professional Certification(s) to include Certified Trust and Fiduciary Advisor (CTFA), Certified Financial Planner (CFP), Accredited Investment Fiduciary (AIF), Certified Divorce Financial Analyst (CDFA) or Certified Wealth Strategist (CWS)

Skills And Competencies

• Ability to interpret and present complex topics in a concise and effective manner
• Ability to manage multiple goals and deadlines simultaneously
• Advanced analytical and problem-solving skills, including attention to detail
• Demonstrated confidence in delivering and explaining solutions with a high degree of influence
• Excellent presentation and sales abilities
• Excellent verbal and written communication skills
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint)
• Strong organizational skills

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job. The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Minimum

Job Range Target

Median

Incentive Pay Plans: This role is eligible to participate in a formulaic incentive plan. Employees have the potential to earn incentives based on performance against defined metrics and goals. Opportunity to participate in the Long Term Incentive Plan.

This role is incentive eligible.

Benefits Information

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, visit https://www.regions.com/about-regions/welcome-portal/benefits

Location Details

One Indiana Square, Indianapolis, Indiana

Equal Opportunity Employer

Equal Opportunity Employer/including Disabled/Veterans

Application Period

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.