Wealth Advisor IV

bankatfirst; Grand Rapids (MI); On-site; USD 130,000 - 180,000; Full time

Job summary

First Financial Bank in Grand Rapids, MI is seeking a Wealth Advisor to serve as the primary contact for Wealth clients. You will maintain existing relationships and develop new ones, structuring goals-based investment management and financial plans.

Responsibilities include delivering investment reviews, coordinating with the Investment Committee, and using financial planning to drive client retention and growth. CFA/CFP preferred; ten years of portfolio management experience desired.

Qualifications

• Ten years of successful investment/portfolio management experience.
• Relationship management experience with clients is required.
• Knowledge of investment solutions, risk management, asset allocation and program design.
• Extensive experience with financial planning software.

Responsibilities

• Serves as client's primary point of contact and delivers on client service standards.
• Generates sales leads through cross-function collaboration and networks.
• Gathers client data to tailor goals-based investment plans.
• Selects asset allocation strategies per client goals and risk tolerance.
• Coordinates with the Investment Committee on client situations.
• Delivers annual investment reviews and updates portfolios as needed.

Skills

Relationship management

Client service

Communication skills

Presentation skills

Investment knowledge

Financial planning software

Education

Bachelor's degree in Business or related field

CFA/CFP preferred

Tools

Financial planning software

Job description

We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written!

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

• Ten (10) years of successful investment and/or portfolio management experience; experience working with clients with sophisticated investment management and financial planning needs
• Relationship management experience with clients is required
• Knowledge of investment solutions, risk management, asset allocation and program design
• Extensive experience with financial planning software

Preferred Knowledge and Skills

• Extensive 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 strongly preferred
• Demonstrated commitment to professional development
• Demonstrated knowledge of industry practices and regulations

Level of Complexity and Scope

Degree of Independence and Decision-Making

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

Compliance Statement

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.

Development and Training

Pay Range: $130,000/year to $180,000/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.