Senior Wealth Advisor, Wealth Management

001 The Northern Trust Company; Chicago (IL); On-site; USD 165,000 - 288,000; Full time

Benefits offered by this job

Retirement benefits

Health benefits

Paid time off

Parental leave

Life insurance

Well-being benefits

Discretionary bonus

Job summary

The Northern Trust Company is seeking a Senior Wealth Advisor to partner with relationship teams nationally to deliver sophisticated wealth plans for high-net-worth individuals and families.

You will leverage expertise in wealth transfer, estate planning, and tax efficiency to coordinate investment management, banking, and related services with client advisors.

This role emphasizes collaboration, ongoing plan reviews, and mentoring of junior staff, within a client-centered, inclusive culture.

Qualifications

• Extensive wealth planning experience with high-net-worth clients.
• Expertise in wealth transfer, estate planning, and tax strategies.
• Advanced credentials: CFP, JD, MBA or equivalent.
• Strong interpersonal and consultative abilities.

Responsibilities

• Develop a comprehensive wealth profile and goals-based plan integrating investments, banking, wealth transfer and tax efficiency.
• Collaborate with local teams, including Portfolio Managers and Trust Advisors, to implement the wealth plan.
• Provide periodic reviews and updates to client plans upon material changes.
• Assist in sales by identifying opportunities to expand client relationships with new products and services.
• Contribute to marketing materials and thought leadership presentations for diverse audiences.
• Mentor Wealth Advisors and Wealth Advisor Associates.
• Contribute to wealth planning resources, solutions and products.
• Engage with professional advisor networks and participate in conferences.

Skills

Wealth planning

Tax planning

Estate planning

Wealth transfer

Client relationship management

Education

CFP designation

JD

MBA or equivalent

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Job Description

SENIOR WEALTH ADVISOR, WEALTH MANAGEMENT OH: R161517

The Senior Wealth Advisor acts as a technical expert in complex relationships for high-net-worth clients who desire a sophisticated, multi-disciplinary wealth plan. This role will partner with relationship teams locally and nationally to ensure the development of goals-based wealth plans to high-income/net worth individuals and families, including professionals, corporate executives, business owners and others with complex financial circumstances. The Senior Wealth Advisor is knowledgeable in the full capabilities of Northern Trust and collaborates with the client’s professional advisors and other Northern professionals in the delivery of integrated wealth management services.

Responsibilities

• Development of a comprehensive personal and financial wealth profile on the client and the client’s family including identification of wealth related life goals. In collaboration with the Lead Relationship Manager and other Northern partners, the Senior Wealth Advisor shall design and deliver a goals-based wealth plan integrating investment management, banking, wealth transfer and tax efficiency.
• Work in close collaboration with the local teams, including Portfolio Managers, Trust Advisors, Banking Advisors and other Northern Trust professionals in supporting the implementation of the client’s wealth plan.
• Provide periodic review and revision of client’s wealth plan upon request in event of material changes of client circumstances.
• Active assistance in the sales process and identification of opportunities to expand client relationships through the introduction of new products and services.
• Assist in the development of marketing materials and the delivery of thought leadership-based marketing presentations to a wide variety of audiences.
• Serve as a mentor to Wealth Advisors and Wealth Advisor Associates.
• Contribute to the development and implementation of Northern Trust wealth planning resources, solutions and products.
• Actively engage in cultivation of professional advisor relationships, including attendance at and participation in professional conferences and professional advisor networks.

Candidate Qualifications

The successful candidate will benefit from having the following competencies: Expert knowledge of wealth transfer planning, taxation, estate planning solutions, and wealth management products and services usually acquired through extensive work-related experience with high net worth and ultra-high net worth clients in financial services, law or consulting. Ideally has knowledge of wealth management services, products and solutions. Broad based technical and analytical skills in wealth planning, wealth transfer, tax, philanthropy, fiduciary practice, asset location and preservation and related disciplines. Strong interpersonal skills and proactive consultative orientation. Minimum of 7 years or more of wealth planning experience working with high-net worth individuals and families in a comprehensive capacity. Advanced educational and professional designations including CFP, JD, MBA or similar evidence of advanced learning and professional consulting qualification.

Salary Range

Salary Range: $164,600 - 288,000 USD Salary range is a good faith estimate of base pay.

Benefits

• Retirement benefits (401k and pension)
• Health and welfare benefits (medical, dental, vision, spending accounts and disability)
• Paid time off
• Parental and caregiver leave
• Life & accident insurance
• Other voluntary and well-being benefits
• Discretionary bonus program that may include an equity component

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

A Northern Trust partner culture is flexible and collaborative with a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.

Looking for greater? You found it.

A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

Terms and Conditions

Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S).