Senior Wealth Planning Manager - CFP

Judson Group has been retained by a growing financial institution in the search for a Senior Wealth Planning Manager – CFP. The Senior Wealth Planning Manager provides Wealth Management services to high net worth clients in conjunction with the entire Wealth Management Team. They will be responsible for the development of long-term financial plans for clients; recommending financial products and services which support the requirements of the financial plan and the needs of the customer. They will also be responsible for the administration of trust, not-for-profit, personal investment management, employee benefit and IRA accounts. This includes managing all accounts in accordance with applicable legal and regulatory requirements, policies and procedures, and in conjunction with internal team members and external service providers as appropriate.

Responsibilities:

• Lead the planning function to further the Departments long-term strategic goals and progress toward key planning and client experience initiatives.
• Own and drive the financial planning process which includes designing, analyzing and presenting customized plans tailored to each clients facts and circumstances. Areas of emphasis to include goal analysis, estate planning, education planning, charitable giving, tax issues, insurance planning needs and social security.
• Manage the financial planning process and workload. Responsibilities will include meeting preparation, financial plan construction, direct client contact, meeting follow-up and client service.
• Serve as the subject matter expert, staying current on planning issues. Also serve as the expert regarding the financial planning software, as well as Excel and Power Point, and cash flow analysis programs in order to provide analysis of a clients current and future financial picture.
• Develop financial plans for clients, and recommend products and services which support the long-term planning needs and goals of the client. Review all final versions of financial plans prior to client presentations. Provide feedback for improvement and efficiencies to the planning deliverable. Review software enhancements and upgrades as needed.
• Responsible for maintaining strong relationships in order to retain existing clients; track their successes and keep them informed about any changes that may affect their finances.
• Optimize opportunities to grow assets under management through the financial planning process. Add assets held away to existing account relationships and develop retention strategies for at risk accounts.
• Seek, identify and approach new prospects and establish strong relationships with new clients as their trusted advisor.
• Work with the marketing department and team members to prepare marketing presentation materials to perform business development activities.
• Drive business development through community exposure and professional networks.
• As the primary account officer, responsible for maintaining client relationships, managing all of the administrative and fiduciary functions in each of the accounts assigned pursuant to applicable laws, regulations, policies, procedures and in accordance with trust and account documents for designated accounts.
• Provide quality service and communicate with clients; schedule and attend client meetings. Resolve client issues promptly, incorporating appropriate council – legal and /or accounting as necessary.
• Advise clients in fiduciary administration, financial, tax and estate planning. Review trust documents and provide a summary of trust powers and potential items of concern.
• Develop and maintain liaison with attorneys, accountants, and other professionals.
• Work with the team regarding calculation of distributions for trusts, IRA’s, and not-for-profit clients. Process discretionary distribution requests for trust relationships and submit to discretionary subcommittee when applicable.
• Participate as an active member in the Trust Administrative Committee (TAC) and Trust Investment Committee (TIC).
• Maximize the use of the trust operations system; Serves as the expert regarding the system to the support staff.

Requirements:

• BA/BS Degree; CFP required.
• 7+ years of wealth management/financial planning experience required.
• Familiarity with wealth planning technology.
• Strong understanding of financial planning concepts.
• Organized and detail oriented while managing and prioritizing multiple tasks simultaneously.
• Able to work under pressure and meet deadlines in a fast-paced, demanding environment.

Compensation: Competitive compensation and benefits package

Location: New Milford, Connecticut