Wealth Advisor II

Canandaigua National Bank & Trust Co; Sarasota (FL); Hybrid; USD 110,000 - 130,000; Full time

Job summary

Canandaigua National Trust Company of Florida seeks a Wealth Advisor II to deliver investment management services to CNTF clients and articulate CNTF's Investment Philosophy to prospective and current clients and referring partners.

The role emphasizes superior client service, portfolio reviews, IPS preparation, and compliance with investment service policies while coordinating with specialists to meet client goals and tax considerations.

Qualifications

• A B.S. or B.S. degree in a field related to banking or equivalent normally required. A combination of education and work experience will be considered. MBA Preferred.
• Specialized Wealth Management education and training such as Chartered Financial Analyst, Chartered Mutual Fund Counselor or similar further education preferred.
• A minimum of seven (7) years' experience in related positions.
• Experience in banking/financial services preferred.

Responsibilities

• Provides investment management services to CNTF customers and articulates the Investment Philosophy of CNTF to prospective/current clients and centers of influence who refer business to CNTF; provides excellent service to customers; achieves goals as established in the CNTF annual operating plan; complies with operating policies and procedures established for the investment services function; communicates with appropriate personnel; responds to inquiries or requests for information; maintains appropriate records and provides assigned reports.
• Nurtures and maintains client relationships, providing proper financial planning and investment solutions to ensure the client’s financial needs are met.
• Provides the proper amount of facetime with the client to review the financial situation/plan; brings in other specialists and trusted advisors from within the CNC organization, as necessary.
• Maintains highest level of communication with clients informing them of activity within the account, strategies to capture current market and economic conditions, and providing educational guidance when needed.
• Communicates and documents this communication at a level desired by individual clients (verbal, letters, email, corporate functions).
• Monitors the cash and investments of each account with consideration of the objectives of the accounts, the needs of beneficiaries, and cash requirements for taxes and distributions as illustrated by the following
• Reviews portfolios on a regular basis and recommends changes to clients as may be appropriate.
• Prepares and documents Investment Policy Statements (IPS).
• Initiates and follows through on buy and sell orders and monitors uninvested cash seeking investment opportunities when appropriate.
• Completes annual Regulation 9 compliance review on a timely basis.
• Performs research and review of stocks, bonds, and other investment securities; makes reports and recommendations on ways to better meet account objectives.
• Maintains an active awareness of changes in legal and tax requirements which may affect the investment of accounts (including the employment of risk reducing strategies such as diversification and asset allocation).
• Prepares and maintains documentation, status records and reports on investment and accounts and financial planning activities; prepares various reports, statements, and forms including tax, regulatory, and other governmental forms as required.

Education

B.S. degree in banking or related field

MBA preferred

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Sarasota, FL, US

Salary Range: $110,000.00 To $130,000.00 Annually

Canandaigua National Trust Company Florida

Location: Sarasota, FL (Hybrid - 4 days/wk. in office)

Canandaigua National Trust Company of Florida

Since 2009, Canandaigua National Trust Company of Florida (CNTF) has been building upon the upstate New York legacy of Canandaigua National Bank by providing a higher level of personal service, a diversified team of highly credentialed representatives, the finest trust officers, and a suite of investment choices tailored to meet a variety of goals and objectives.

At Canandaigua National Trust Company of Florida, we realize that each customer has unique financial goals. We offer the friendly education and advice you need to accumulate, grow, and maintain the wealth necessary to achieve yours.

What truly separates us from larger financial services firms is our people--experienced, non-commissioned professionals who take the time to understand your needs and goals and offer the kind of personal service that builds long-term relationships.

What does a Wealth Advisor II do?

Responsible for providing investment management services to customers of CNTF; capable of articulating the Investment Philosophy of CNTF to prospective/current clients as well as centers of influence who refer business to CNTF; providing excellent service to customers; achieving goals as established in the CNTF annual operating plan; complying with operating policies and procedures established for the investment services function; communicating with appropriate personnel; responding to inquiries or requests for information; maintaining appropriate records and providing assigned reports.

Provides investment management and financial services to customers of the Bank as follows:

• Nurtures and maintains client relationships, providing proper financial planning and investment solutions to ensure the client’s financial needs are met.
• Provides the proper amount of facetime with the client to review the financial situation/plan; brings in other specialists and trusted advisors from within the CNC organization, as necessary.
• Maintains highest level of communication with clients informing them of activity within the account, strategies to capture current market and economic conditions, and providing educational guidance when needed.
• Communicates and documents this communication at a level desired by individual clients (verbal, letters, email, corporate functions).
• Monitors the cash and investments of each account with consideration of the objectives of the accounts, the needs of beneficiaries, and cash requirements for taxes and distributions as illustrated by the following
• Reviews portfolios on a regular basis and recommends changes to clients as may be appropriate.
• Prepares and documents Investment Policy Statements (IPS).
• Initiates and follows through on buy and sell orders and monitors uninvested cash seeking investment opportunities when appropriate.
• Completes annual Regulation 9 compliance review on a timely basis.
• Performs research and review of stocks, bonds, and other investment securities; makes reports and recommendations on ways to better meet account objectives.
• Maintains an active awareness of changes in legal and tax requirements which may affect the investment of accounts (including the employment of risk reducing strategies such as diversification and asset allocation).

Prepares and maintains documentation, status records and reports on investment and accounts and financial planning activities; prepares various reports, statements, and forms including tax, regulatory, and other governmental forms as required.

• Actively engages in customer activity to meet the required annual goals as established as part of the operating plan. (To include but not limited to New Business Development; Revenue Growth; Asset Retention, Compliance Reporting, and LOB referrals).
• Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.
• Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness.
• Complies with established operating policies and procedures to maintain adequate controls and to support the Bank’s adherence to outside regulatory requirements.
• Communicates with management and staff personnel to integrate goals and activities
• Responds to inquiries relating to his/her particular area, or to requests from other Bank personnel, customers, etc., within given time frames and within established policy.
• Maintains appropriate records and provides assigned reports, including sales reports.
• Provides mentoring and on-the-job training and guidance to junior investment officers and others as needed.
• Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.

What is needed to be successful in this role?

• A B.S. or B.S. degree in a field related to banking or equivalent normally required. A combination of education and work experience will be considered. MBA Preferred.
• Specialized Wealth Management education and training such as Chartered Financial Analyst, Chartered Mutual Fund Counselor or similar further education preferred.
• A minimum of seven (7) years' experience in related positions.
• Experience in banking/financial services preferred.

Why Join Canandaigua National Bank?

At Canandaigua National Bank, our WE CAN culture is built on serving wholeheartedly, acting with courage, leading authentically, empowering one another, and making a positive impact in our communities.

We offer competitive benefits, retirement programs, professional development opportunities, wellness resources, and paid time off to support your success both at work and beyond. Want to learn more? Why work at Canandaigua National Bank

As an independent community bank, we're proud to invest in our people, our customers, and our communities. We believe our employees are our greatest strength and we are committed to creating an inclusive workplace where everyone can thrive.

Compensation range- $110,000 - $130,000
The actual salary offered within the range is dependent on a variety of factors including, but not limited to, relevant experience, qualifications, skills, level offered, and performance expectations.

Canandaigua National Corporation and its subsidiaries encourage diversity in the workplace; we are an Equal Opportunity Employer. Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran.