Wealth Advisor

Northern Trust; New York (NY); On-site; USD 189,290 - 331,200; Full time

Benefits offered by this job

401(k) and pension

Health and welfare benefits

Paid time off

Discretionary bonus program

Job summary

Northern Trust, based in New York City, seeks a Wealth Advisor to provide financial guidance to clients. In this role, you will develop personalized wealth profiles and design integrated wealth plans while collaborating with multiple professionals.

Ideal candidates have 5-7 years of experience working with high net worth clients and advanced qualifications such as CFP or MBA. Enjoy a comprehensive benefits package and a supportive work environment that encourages growth and flexibility.

Qualifications

• 5-7 years of experience with high/ultra-high net worth individuals.
• Strong technical and analytical skills in wealth planning.
• Advanced educational and professional designations are desired.

Responsibilities

• Develop comprehensive personal and financial wealth profiles for clients.
• Design and implement wealth plans that integrate various goals.
• Collaborate with other professionals to implement client wealth plans.
• Mentor Associate Wealth Advisors and Wealth Advisors.
• Carry out technically difficult activities with high operational execution.

Skills

Wealth transfer planning

Taxation

Estate planning solutions

Wealth management products

Interpersonal skills

Education

CFP, JD, MBA or equivalent

Job description

About Northern Trust

Northern Trust, a Fortune 500 company, is a globally recognized, award‑winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions while remaining true to enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Responsibilities

1. Develop a comprehensive personal and financial wealth profile for clients and their families, identifying wealth‑related life goals in collaboration with the Lead Relationship Manager as applicable.
2. Design and implement wealth plans that integrate wealth management, wealth transfer, and tax‑efficiency goals, in collaboration with clients’ professional advisors and Northern partners.
3. Collaborate with Regional Wealth Advisors, Portfolio Managers, Trust Advisors, bankers and other Northern Trust professionals to implement client wealth plans.
4. Monitor and periodically update client wealth plans.
5. Assist in the sales process and identify opportunities to expand client relationships through the introduction of new Northern Trust products and services.
6. Serve as a mentor to Associate Wealth Advisors and Wealth Advisors.
7. Actively cultivate professional advisor relationships, attending and participating in professional conferences and networks.
8. Operate independently with deep knowledge of the business unit/function.
9. Provide comprehensive, in‑depth consulting and leadership to team and partners at a high technical level.
10. Carry out large‑scale, cross‑functional, technically difficult activities.
11. Balance high‑level operational execution with strategic direction of business function activities.
12. Conduct preliminary analysis.
13. Interact directly with committees and/or management.
14. Develop, implement and administer programs within functional areas.

Qualifications

Knowledge

Strong knowledge of wealth transfer planning, taxation, estate planning solutions, wealth management products and services, typically acquired through extensive experience with high/ultra‑high net worth clients in financial services, law, or consulting. Broad technical and analytical skills in wealth planning, wealth transfer, tax, philanthropy, fiduciary practice, asset location, and preservation, as well as strong interpersonal and consultative skills.

Experience

5-7 years of wealth planning experience working with high/ultra‑high net worth individuals and families in a comprehensive capacity. Advanced educational and professional designations such as CFP, JD, MBA, or equivalent advanced learning and consulting qualifications are desired.

Salary Range

$189,290 – 331,200 USD. Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401(k) 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. A discretionary bonus program that may include an equity component is also available.

Working With Us

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve. Join a workplace with a greater purpose. We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies. Build your career with us and apply today. #MadeForGreater

Reasonable Accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail].

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater.