Senior Wealth Advisor, Wealth Management

ntrs; Chicago (IL); On-site; USD 165,000 - 288,000; Full time

Job summary

Northern Trust is seeking a Senior Wealth Advisor in Wealth Management to lead complex, goals-based wealth plans for high-net-worth clients. You will collaborate with local and national teams to design integrated strategies across investments, banking, wealth transfer and tax efficiency.

The role requires advanced knowledge of wealth planning, strong interpersonal skills, and 7+ years of experience with high-net-worth clients, with credentials such as CFP, JD, or MBA preferred.

Qualifications

• Wealth transfer planning, taxation, and estate planning expertise for high-net-worth clients.
• Broad technical and analytical skills in wealth planning and fiduciary practice.
• Excellent interpersonal and consultative skills for client relationships.
• 7+ years of wealth planning experience with high-net-worth clients; CFP/JD/MBA or equivalent.

Responsibilities

• Develop a comprehensive personal and financial wealth profile on the client and family, identifying wealth-related goals and delivering goals-based wealth plans.
• Collaborate with local and national teams to implement the client’s wealth plan across investment, banking, wealth transfer and tax efficiency.
• Provide periodic reviews and revisions of wealth plans upon material changes in client circumstances.
• Assist in the sales process and identify opportunities to expand client relationships by introducing new products and services.
• Contribute to development of marketing materials and delivery of thought leadership-based marketing presentations.

Skills

Wealth transfer planning

Taxation knowledge

Interpersonal skills

Client relationships

Education

CFP

JD

MBA

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.

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

1. 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.
2. 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.
3. Provide periodic review and revision of client’s wealth plan upon request in event of material changes of client circumstances.
4. Active assistance in the sales process and identification of opportunities to expand client relationships through the introduction of new products and services.
5. Assist in the development of marketing materials and the delivery of thought leadership-based marketing presentations to a wide variety of audiences.
6. Serve as a mentor to Wealth Advisors and Wealth Advisor Associates.
7. Contribute to the development and implementation of Northern Trust wealth planning resources, solutions and products.
8. Actively engage in cultivation of professional advisor relationships, including attendance at and participation in professional conferences and professional advisor networks.

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

$164,600 - 288,000 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including 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, and other voluntary and well-being benefits. Northern Trust also provides a 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

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement