Wealth Associate

114 Private Wealth; Maryland; On-site; USD 65,000 - 100,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

401(k)

Paid time off

Licensing support

Job summary

114 Private Wealth, affiliated with Wells Fargo Advisors Financial Network, seeks an experienced Wealth Associate to support daily administration and client relationships from our Alexandria, Virginia office. The role focuses on high-net-worth client service, collaboration with advisors, and compliance within a sophisticated wealth practice.

The ideal candidate has wealth management exposure, strong organizational and communication skills, and is open to licensing requirements; a Wells Fargo

Qualifications

• 1+ years in wealth management or related field.
• Experience with Wells Fargo Advisors systems preferred.
• Experience serving high-net-worth clients.
• Attention to detail and strong organizational skills.
• Excellent written and verbal communication.
• Willingness to pursue securities licensing.

Responsibilities

• Serve as a point of contact for client service and administrative needs.
• Provide high-touch service to high-net-worth and ultra-high-net-worth client relationships.
• Process account openings, maintenance, transfers, and other client requests.
• Prepare documentation and coordinate required client signatures and follow-up.
• Assist Wealth Advisors with preparation for client meetings and ongoing relationship management.
• Coordinate with Wells Fargo Advisors resources to resolve client needs efficiently.
• Maintain accurate client records and ensure documentation of client activity.
• Track anticipated checks and money movements arriving via mail.
• Identify opportunities to improve processes and enhance the client experience.

Skills

Wealth management experience

Client service

Organizational skills

Written and verbal communication

SIE/Series licenses

Job description

114 Private Wealth is a highly experienced wealth management practice serving individuals, families, business owners, executives, and institutions with complex financial needs. Our practice provides comprehensive wealth management and financial planning through a collaborative, ensemble team-based approach focused on delivering an exceptional client experience.

114 Private Wealth is affiliated with Wells Fargo Advisors Financial Network (FiNet), which serves as our broker-dealer and provides access to the Wells Fargo Advisors platform, technology, operational resources, and custody capabilities.

We are seeking an experienced Wealth Associate to join our growing practice. This is an important client-facing and operational position for an individual who takes pride in providing exceptional service, managing details, and helping advisors and clients navigate sophisticated wealth management relationships.

Position Overview

The Wealth Associate will work closely with our Wealth Advisors, Wealth Associates, clients, and Wells Fargo Advisors resources to support the day-to-day administration and service of client relationships.

The ideal candidate is experienced in the wealth management industry, highly organized, proactive, and comfortable working with high-net-worth and ultra-high-net-worth clients.

Candidates with current or previous Wells Fargo Advisors experience are particularly encouraged to apply. Familiarity with Wells Fargo Advisors systems, procedures, and operational processes would be highly valued and may qualify a candidate for an additional hiring/sign-on bonus.

Key Responsibilities

• Serve as a point of contact for client service and administrative needs.
• Provide high-touch service to high-net-worth and ultra-high-net-worth client relationships.
• Process and monitor account openings, account maintenance, asset transfers, money movements, distributions, deposits, and other client requests.
• Prepare documentation and coordinate required client signatures and follow-up.
• Assist Wealth Advisors with preparation for client meetings and ongoing relationship management.
• Coordinate with Wells Fargo Advisors operational, service, compliance, and other internal resources to resolve client needs efficiently.
• Maintain accurate client records and ensure appropriate documentation of client activity.
• Monitor outstanding service requests and proactively follow through to completion.
• Assist with retirement account distributions, beneficiary updates, account registrations, trust and estate-related documentation, and other complex service requests.
• Help maintain an organized and efficient workflow across a large and sophisticated wealth management practice.
• Identify opportunities to improve processes and enhance the overall client experience.
• Work collaboratively with other Wealth Associates and Wealth Advisors as part of our ensemble team-based service model, and provide backup coverage as needed.
• Maintain the highest standards of confidentiality, professionalism, accuracy, and regulatory compliance.
• Track anticipated checks and money movement arriving via mail.
• Complete special projects as necessary.
• Proactively develop self to continuously improve knowledge, skills and credentials and communicate development needs to Wealth Advisors, Director of Client Experience, COO, or CEO as applicable.

Qualifications

• 1+ years of experience in wealth management, brokerage, private banking, registered investment advisory, financial services, or transferrable industry or skillset such as customer service, hospitality, sales, education, or military.
• Previous or current Wells Fargo Advisors experience is highly desirable.
• Experience supporting high-net-worth and/or ultra-high-net-worth client relationships.
• Knowledge of brokerage and advisory account administration and financial-services operations, or willingness to learn.
• Exceptional attention to detail and organizational skills.
• Strong written and verbal communication skills.
• Ability to manage multiple priorities and client requests in a fast-paced environment.
• Professional, polished, and comfortable communicating directly with clients.
• Strong problem-solving skills and a proactive approach to client service.
• Ability to work effectively as part of a collaborative team.
• Willingness to pursue and obtain relevant securities licensing, including SIE, Series 7 and Series 63/65 or Series 66.

We offer a competitive compensation package designed to attract experienced professionals, including:

• Base salary range of $65k-$100k, commensurate with experience and qualifications
• Quarterly performance-based bonus opportunity
• Potential additional hiring/sign-on bonus for candidates with relevant Wells Fargo Advisors experience and systems knowledge
• 401(k) retirement plan with employer matching
• Health, Dental, Vision and Life insurance
• Paid time off
• Professional development and licensing support, as applicable
• Opportunity to work with an established, sophisticated wealth management practice serving a substantial client base
• Long-term career growth opportunities within 114 Private Wealth

The Candidate We’re Looking For

Beyond technical experience, we are looking for someone who genuinely enjoys taking care of clients.

The right person anticipates needs rather than simply responding to requests, follows through without being asked, communicates exceptionally well, and understands that seemingly small details can make a significant difference in a client’s experience.

We value professionalism, accountability, teamwork, discretion, and a strong service mentality. We are looking for someone who wants to build a long-term career with 114 Private Wealth and become an integral member of our team.

Interested Candidates

Qualified candidates are encouraged to submit a résumé along with a brief introduction describing their relevant experience including any previous experience with Wells Fargo Advisors or the Wells Fargo Advisors Financial Network.

Work Location

This is a full-time, in-office position. The role requires working from our Alexandria, Virginia office Monday through Friday. Remote and hybrid work options are not available.

114 Private Wealth is committed to providing equal employment opportunities consistent with applicable law.