Wealth Advisor | Joliet

BankTalent HQ; Joliet (IL); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Private Wealth Advisor to serve as a personal relationship manager for high-net-worth clients. This role involves proactive communication to build lasting relationships and understanding clients' unique financial goals. The Advisor will manage a designated book of clients, collaborating with a skilled team to create comprehensive financial strategies. This dynamic position offers the opportunity to drive new business, enhance client satisfaction, and ensure compliance while delivering exceptional service. If you have a passion for wealth management and client success, this role is perfect for you.

Qualifications

• Bachelor's degree in Business or Finance or equivalent experience.
• Certified Financial Planner designation preferred.

Responsibilities

• Manage and develop a designated book of Wealth Management Clients.
• Collaborate with Investment Team and Financial Planning Specialists.
• Drive new sales opportunities and enhance client relationships.

Skills

Strong communication skills

Sales and client service skills

Wealth Management services knowledge

Analytical skills

Problem-solving skills

Education

Bachelor's degree in Business or Finance

Certified Financial Planner designation

Tools

Microsoft Office Suite

Trust Accounting systems

Job description

Position Summary

The Private Wealth Advisor's (PWA) primary responsibility is to serve as a personal relationship manager to Busey Wealth Management clients. The Advisor will engage in proactive and ongoing communication with clients to build and maintain relationships and to develop a deep understanding of clients' unique goals and objectives. The reporting structure may vary for the PWA role based on regional needs; a PWA can report to a Market or Regional President, and in some instances, a Managing Director, Director, or a PWA II.

Duties & Responsibilities

The Private Wealth Advisor will manage and develop a designated book of Wealth Management Clients, ranging from high-net-worth individuals and families to institutional clients such as foundations and endowments. The Advisor will collaborate with our experienced Investment Team, Financial Planning and Tax Specialists, Estate Planning, Portfolio Management, and Private Client banking services to create comprehensive financial strategies and solutions to help clients achieve their objectives. The Advisor will actively pursue opportunities to acquire new business, including securing additional assets from existing clients and seeking new high-net-worth client opportunities. Client accounts will be monitored and serviced daily to ensure smooth operations and adherence to firm policies and procedures, including:

• Acting as the primary relationship manager for a book of clients.
• Meeting regularly with clients to formulate appropriate actions and enhance relationships.
• Driving new sales opportunities.
• Attending discovery/needs-based sales training.
• Serving as a resource for the team and acting as a project leader when needed.
• Administering accounts to ensure operational compliance and high client service levels.
• Completing mandatory account reviews.
• Making client recommendations aligned with their financial plans and Investment Policy Statements.
• Regularly reviewing clients' investment strategies and financial plans.
• Providing high-level service to clients, beneficiaries, advisors, and related parties.
• Escalating issues appropriately.

Education & Experience

Knowledge of:

• Strong communication skills (oral and written)
• Sales and client service skills
• Wealth Management services, including investments, financial planning, banking, trust concepts, asset allocation, and estate procedures
• A fiduciary approach to client relationships

Ability to:

• Develop and manage client relationships at an advanced level
• Make independent decisions
• Respond promptly to client needs
• Collaborate effectively with team members
• Understand and think strategically about clients' financial plans
• Analyze data and solve problems involving multiple factors
• Interpret business literature, technical procedures, and regulations
• Perform duties under time pressures

Education and Training:

• Bachelor's degree in Business or Finance or equivalent experience with high-net-worth clients
• Certified Financial Planner designation preferred
• Good standing with First Busey Corporation's continuing education requirements
• Ongoing development of relevant knowledge and skills
• Proficiency with business systems, including Trust Accounting and Microsoft Office Suite

Busey values diversity and inclusion and is committed to equal opportunity employment, including for individuals with disabilities and veterans. Visit Busey.com/Careers for more information.