Wealth Advisor II

First Financial Bank; Petaluma (CA); On-site; USD 74,000 - 100,000; Full time

Job summary

First Financial Bank seeks a Wealth Advisor who will be the main contact for Wealth clients, maintaining existing relationships and developing new ones. They will tailor an investment management strategy and comprehensive financial plan based on each client’s goals and family situation.

The role requires five years of investment/portfolio experience, relationship management, and knowledge of planning software. Strong communication and regulatory compliance are essential assets.

Qualifications

• Five (5) years of investment/portfolio management experience.
• Relationship management experience required.
• Knowledge of investment solutions, risk management, asset allocation and program design.
• Demonstrated knowledge of financial planning software.

Responsibilities

• Serves as client’s primary point of contact and delivers on service standards.
• Generates sales leads through cross-function collaboration and personal contacts.
• Gathers personal and financial data to tailor goals-based strategies.
• Selects asset allocation strategies based on client goals and risk tolerance.
• Coordinates with the Investment Committee on portfolio requirements.
• Delivers annual investment reviews and communicates updates to clients.
• Uses financial planning to drive retention and acquisition.
• Serves on the Investment Committee as client advocate and strategy consultant.
• Completes regulator reviews and adheres to compliance guidelines.

Skills

Investment management

Relationship management

Asset allocation

Financial planning software

Risk management

Education

Bachelor's degree in Business

CFA/CFP preferred

Tools

Financial planning software

Job description

The Wealth Advisor will serve as the primary point of contact with the Wealth client. The Wealth Advisor is responsible for maintaining existing Wealth relationships and developing new client relationships. Key responsibilities include developing a deep knowledge of the client’s entire financial and family situation in order to structure a goals-based investment management strategy and financial plan.

Essential Functions/Responsibilities

• Serves as client’s primary point of contact. Delivers on Client Service Standards to maximize client satisfaction and drive retention and acquisition
• Generates sales leads through cross-function collaboration, centers of influence and personal contacts
• Develops perspective on clients by gathering personal data and information on financial situation, goals, objectives and risk
• Selects specific FFB asset allocation strategies according to client goals and risk tolerances. Implements FFB asset allocation strategies for new and incremental assets within client accounts
• Coordinates unique portfolio requirements or client situations with FFB Investment Committee
• Delivers annual investment reviews to clients. Communicates updates to FFB portfolio strategies to clients and prospects
• Utilization of financial planning to drive client retention and acquisition
• Serves on the FFB Investment Committee as client advocate and strategy consultant
• Completes regulator investment review requirements for assigned client accounts and adheres to other departmental compliance guidelines

Minimum Knowledge, Skills, and Abilities Needed to Perform Essential Functions of the Job

• Five (5) years of successful investment and/or portfolio management experience; experience working with clients with investment management and financial planning needs of medium complexity
• Relationship management experience with clients is required
• Knowledge of investment solutions, risk management, asset allocation and program design
• Demonstrated knowledge and use of financial planning software

Preferred Knowledge and Skills

• Business development experience is a plus
• Strong communication and presentation skills; able to effectively articulate investment management and financial planning options to clients
• Experience in banking or financial services is preferred
• Bachelor’s degree in Business or other related field of study
• CFA/CFP is preferredDemonstrated commitment to professional development
• Demonstrated knowledge of industry practices and regulations

Required Supervisory Responsibilities

• N/A

Physical Requirements

• Occasionally lifts and carries up to 20 lbs
• Frequently lifts and carries up to 10 lbs
• Frequently sits, stands and drives

The associate is responsible for meeting all compliance requirements imposed on First Financial Bank by State and Federal law and regulation, as well as all related First Financial Bank policies and procedures. This includes all Bank Secrecy Act, Anti-Money Laundering, OFAC and Suspicious Activity reporting requirements, as well as all other lending and deposit compliance requirements.

Pay Range

$74,000/year to $100,000/year

Benefits

We have relevant, thoughtful benefits and programs that support every aspect of our associates’ holistic wellbeing. Please review our Benefits Guide.

Incentive Eligibility

All roles are incentive eligible with the exception of Co-Op, Intern, or Student positions.

It is our policy to not discriminate against any individual in violation of federal, state, and local laws as it relates to age, race, color, religion, national origin, sex, marital status, pregnancy, gender identity, disability, sexual orientation, genetic information, veteran/military service, or any other characteristic protected by law.

We are an E-Verify Employer.