Private Wealth Management Wealth Strategist

U.S. Bank; San Diego (CA); On-site; USD 139,000 - 164,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Parental leave

401(k) retirement plan

Job summary

U.S. Bank seeks a PWM Wealth Strategist to work with Private Wealth Advisors and deepen relationships with clients over $10MM in net worth.

The role focuses on estate and income tax planning, fiduciary advice, and wealth transfer strategies within Private Wealth Management. You will leverage a broad suite of wealth products and collaborate with the distribution team to grow the PWM business in the assigned market.

Qualifications

• Bachelor's degree or equivalent work experience.
• Typically 10 or more years of wealth management experience with high/ultra-high net worth clients.
• Strong knowledge of fiduciary, tax or estate planning products and strategies.
• Experience drafting or reviewing estate or business documents.

Responsibilities

• Develop and bring new client relationships generally above $10MM into Private Wealth Management.
• Collaborate with Private Wealth Advisors and wealth management specialists to deepen client relationships.
• Serve as a subject matter expert in estate and tax planning, fiduciary guidance, and wealth transfer strategies.

Skills

Attention to detail

Verbal and written communication

Microsoft Office proficiency

Fiduciary, tax or estate planning know

Sales and business development

Education

Bachelor's degree or equivalent

Job description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

The PWM Wealth Strategist is responsible for working with Private Wealth Advisors to develop and bring new client relationships generally above $10MM net worth into Private Wealth Management. Helps with client discovery and works with wealth management specialists to deepen and broaden relationships with existing clients. The Wealth Strategist will work closely with other members of the relationship team to meet all of client’s wealth planning, estate planning and wealth transfer needs. Will serve as a subject matter expert in estate and income tax planning, protection planning, business succession planning, philanthropic strategies, and trust and fiduciary advice. Leverages thorough knowledge of all Wealth products offered by U.S. Bank, including fiduciary products, to identify and implement strategies working with client's external and internal advisors. Focuses to grow the PWM business within assigned Market by utilizing established professional network in the local and/or regional market.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Typically 10 or more years of wealth management experience with high/ultra-high net worth clients

Preferred Skills/Experience

• Juris Doctor (JD) degree preferred
• Strong attention to details
• Effective verbal and written communication skills
• Proficiency with Microsoft Office applications
• Broad knowledge of fiduciary, tax or estate planning products, services, and strategies
• Experience drafting or reviewing estate or business documents
• Strong sales and business development acumen

Benefits:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $139,230.00 - $163,800.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.