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Glenmede · 1 day ago

Relationship Management Officer, Wealth Advisory

Beachwood, OH

Full-time

Hybrid

Mid, Senior Level

5+ years exp

Glenmede is a trusted partner for private wealth, endowment & foundation, and investment management clients, committed to empowering financial futures. The Relationship Management Officer, Wealth Advisory will manage client relationships, provide wealth advisory services, and ensure excellent client experiences through effective relationship management and fiduciary practices.

ConsultingFinancial ServicesInsurance

Growth Opportunities

Responsibilities

Manage designated client relationships and provide client service and support for moderately complex relationships as a part of an interdisciplinary Relationship Management team

Identify client needs, address client concerns, resolve issues (with guidance from senior officers where appropriate) and respond to client inquiries while keeping relevant parties involved

Effectively communicate with clients, external partners and colleagues regarding fiduciary, tax, legal, administrative, investment and other wealth management matters

Plan and prepare for client meetings, including pre-call, preparation of meeting materials and post-meeting follow up

Serve as fiduciary advisor for designated clients, including preparing summaries and recommendations for discretionary actions, communicating with trustees and beneficiaries, administering special assets, preparing annual trust reviews, preparing and maintaining Client Wealth Objectives, and ensuring that fiduciary standards and practices are observed at all times

Provide daily administration for trust and investment accounts, including transaction management and/or execution, overdraft and tax lot management, account opening, set-up and funding, account termination, and other administrative functions in support of Relationship Management team clients

Consult with Fiduciary Practices Committee, Trust Counsel, Tax, Portfolio Management, beneficiaries, outside trustees, attorneys and CPAs as appropriate

Exhibit strong knowledge of relevant aspects of wealth advisory for all account types and provide client-appropriate advice, with guidance from senior officers, where appropriate

Prepare Wealth Advisory materials for client meetings in collaboration with Wealth Planning, Portfolio Management, Tax and other team members, including relationship summaries, goals-based wealth plans and trust synopses

Analyze and interpret relevant legal documents including wills, trusts, agreements and entity documents, and explain to clients basic to moderately complex estate, tax and financial plans (including net worth, cash flow, and Monte Carlo analysis)

Participate in special projects and firm-wide initiatives to deepen understanding of multidisciplinary wealth management practice areas, create effective working relationships with colleagues and peers across the firm, and to develop effective presentation skills

Collaborate with colleagues and associates across the firm to enhance best practices, engage appropriate resources and foster strong team dynamics

As part of an integrated wealth management team, hold a basic understanding of asset classes, allocation, risk and Prudent Investor standards, as well as Glenmede’s investment philosophy and process, with the ability to effectively communicate relevant basic principles to clients

Participate in new business development and presentations for prospective clients, develop referrals and expand client relationships, cultivate your professional network consistent with Glenmede’s reputation and business goals

Qualification

Wealth ManagementFiduciary LawFinancial PlanningTrust ManagementAdvanced Degree/CertificationTeam OrientationMicrosoft OfficeInvestment ApplicationsCommunication SkillsDetail-oriented

Required

Bachelor's degree required

5+ years of experience in financial services, preferably in a fiduciary operating environment or in a wealth management, law or accounting firm

Preferred

Advanced degree/certification preferred. (JD, MBA, CTFA, CFP, CPA)

Knowledge of trust management, financial planning, philanthropic planning and fiduciary law

Strong verbal and written communication skills for effective interactions with clients, colleagues and external advisors

Detail-oriented, especially with financial calculations and administrative requirements. Full understanding of client privacy and confidentiality

Superior team orientation

Command of Microsoft Office and ability to adapt to investment and wealth management-oriented IT applications (e.g. Salesforce, Global Plus, eMoney, InvestEdge)