Wealth Consultant

First Citizens Wealth; Boston (MA); On-site; USD 197,000 - 285,000; Full time

Job summary

First Citizens Bank in Boston seeks a high net worth-focused Wealth Advisor to engage, acquire and retain clients, coordinating with colleagues across investments, banking, insurance and trust services to deliver comprehensive wealth planning.

As a Brand Ambassador for the Wealth line, you will identify opportunities, build strategic partnerships, and provide expert advisory services. Base pay typically ranges from $197,000 to $285,000 per year, with potential incentives and benefits.

Qualifications

• Bachelor's Degree and 8 years of experience in Acquiring clients, Asset Gathering, and providing comprehensive Banking and Financial Planning advice
• Preferred Area of Experience: Client Acquisition, Asset Gathering, comprehensive Financial Planning, Banking, Investment Management, Insurance Planning, Trust & Estate Planning
• Required License or Certification Type: Series 7, 65 or 66 licenses, and State Life & LTC Insurance License
• Preferred: Advanced Advisor/ Planning Designation

Responsibilities

• Duties & Responsibilities: Client Acquisition - Identifies and attracts new clients to the Bank's wealth offerings through direct prospecting efforts, client referrals, and by partnering with Bank associates. Builds and cultivates strategic partnerships with centers of influence to enhance acquisition efforts. Responsible for external networking and market development.
• Relationship Management - Serves as a primary point of contact and advocate for high net worth prospects and clients. Maintains current knowledge and awareness of client circumstances, conditions, and overall relationship with the Bank to develop appropriate wealth plans. Represents the full services offering to clients, including investments, banking, financial planning, insurance, and trust services. Develops and executes a high-touch, client-centric experience to maintain and expand existing client relationships. Assists in the planning and facilitation of client events.
• Strategic Advice - Provides prospects and clients with expert wealth management advice. Develops strategic, comprehensive, and long-range plans to achieve the financial needs and goals of high net worth clients. Identifies appropriate products, services, and solutions based on client needs, wants and goals. Engages other associates within the department to provide ongoing advice, products and services as the needs of clients evolve.
• Collaboration - Fosters effective partnerships with Bank stakeholders to support departmental strategic approach. Engages with specialists from the broader business team to coordinate the delivery of wealth management products and services to clients.

Skills

Builds productive relationships

Drives for results

Investment advisory

Partnerships and collaboration

Education

Bachelor's Degree and 8 years of experience in acquiring clients, asset gathering, and providing comprehensive banking and financial planning advice

High School Diploma or GED and 12 years of experience in acquiring clients, asset gathering, and providing comprehensive banking and financial planning advice

Tools

Series 7 licenses

65 or 66 licenses

State Life & LTC Insurance License

Job description

Overview

Join First Citizens Bank and be part of a team dedicated to helping clients build stronger financial futures. From banking and lending to investments, insurance, and wealth planning, the First Citizens Wealth team provides comprehensive solutions backed by trusted expertise. Here, your work helps power meaningful progress for the clients and communities we serve.

Overview

Join First Citizens Bank and be part of a team dedicated to helping clients build stronger financial futures. From banking and lending to investments, insurance, and wealth planning, the First Citizens Wealth team provides comprehensive solutions backed by trusted expertise. Here, your work helps power meaningful progress for the clients and communities we serve.

Overview

This position identifies, engages, acquires, and retains high net worth clients and prospects in holistic wealth management planning.

Serves as a primary relationship manager for high net worth clients and families, while coordinating advice and activities with other members of the Wealth team.

Determines and develops revenue-producing opportunities in multiple product lines to achieve growth and profitability goals through a diversified financial planning based approach.

Serves as a Brand Ambassador by representing and promoting the Wealth line of business within the Bank and across the communities served.

Responsibilities & Qualifications

• Duties & Responsibilities:


• Client Acquisition - Identifies and attracts new clients to the Bank's wealth offerings through direct prospecting efforts, client referrals, and by partnering with Bank associates. Builds and cultivates strategic partnerships with centers of influence to enhance acquisition efforts. Responsible for external networking and market development.


• Relationship Management - Serves as a primary point of contact and advocate for high net worth prospects and clients. Maintains current knowledge and awareness of client circumstances, conditions, and overall relationship with the Bank to develop appropriate wealth plans. Represents the full services offering to clients, including investments, banking, financial planning, insurance, and trust services. Develops and executes a high-touch, client-centric experience to maintain and expand existing client relationships. Assists in the planning and facilitation of client events.


• Strategic Advice - Provides prospects and clients with expert wealth management advice. Develops strategic, comprehensive, and long-range plans to achieve the financial needs and goals of high net worth clients. Identifies appropriate products, services, and solutions based on client needs, wants and goals. Engages other associates within the department to provide ongoing advice, products and services as the needs of clients evolve.


• Collaboration - Fosters effective partnerships with Bank stakeholders to support departmental strategic approach. Engages with specialists from the broader business team to coordinate the delivery of wealth management products and services to clients.

Position Specific Skills

• Builds Productive Relationships


• Drives for Results


• Investment Advisory


• Partnerships and Collaboration

Qualifications

Bachelor's Degree and 8 years of experience in Acquiring clients, Asset Gathering, and providing comprehensive Banking and Financial Planning advice OR High School Diploma or GED and 12 years of experience in Acquiring clients, Asset Gathering, and providing comprehensive Banking and Financial Planning advice

Preferred Area of Experience: Client Acquisition, Asset Gathering, comprehensive Financial Planning, Banking, Investment Management, Insurance Planning, Trust & Estate Planning

Required License or Certification Type: Series 7, 65 or 66 licenses, and State Life & LTC Insurance License

Preferred: Advanced Advisor/ Planning Designation

Additional Information

If hired in Boston, the base pay for this position is generally between $197,000 to 285,000 per year. Actual starting base pay will be determined based on skills, experience, location and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.