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JFS Wealth Advisors · 2 months ago

Associate Wealth Advisor (Wealth Management, RIA Firm)

Pittsburgh, PA

Full-time

Hybrid

Entry Level

4+ years exp

JFS Wealth Advisors is a firm dedicated to helping clients achieve their financial goals through customized financial planning and investment management. They are seeking an Associate Wealth Advisor to provide support to clients and assist in the development of financial plans while working closely with experienced Wealth Advisors.

ConsultingFinanceFinancial Services

Responsibilities

IDENTIFIES AND FULFILLS CLIENT'S FINANCIAL PLANNING NEEDS. Works with Lead Advisors to interview clients to determine assets, liabilities, cash flow, insurance coverage, tax status and financial objectives. Analyzes client's financial status, develops financial plans based on analysis of data and discusses financial options with client. Prepares personal financial plans for presentation by other professional staff and/or presents personal financial plans personally. Interfaces with other internal or external financial professionals, as needed

ASSURES THAT CLIENT PLANS ARE EXECUTED AND MODIFIED AS NEEDED. Attends or Performs Progress Review meetings regarding financial plans and investment accounts. Maintains contact with client and/or Advisors to revise plans based on modified goals and needs of client or changes in investment markets, tax laws, retirement and insurance opportunities. Researches information to resolve complex client situations. Monitors investment accounts to assure that planned strategy is being implemented and transfers are proceeding properly

COORDINATES CLIENT MEETING PREPARATION AND MEETING FOLLOW-UP. Works with an Advisor and Client Relationship Support to prepare for client meetings including developing meetings agendas, note review, account performance review, and completing Financial Goal Plan updates. Responsible to complete and/or monitor completion of meeting follow-up tasks. May also participate in client meetings as requested by Lead Advisor

PARTICIPATION IN BUSINESS DEVELOPMENT ACTIVITIES. Participation in prospect and COI development activities of client service team

PARTICIPATES IN FIRM TEAMS AS ASSIGNED. Participates in team meetings such as Financial Planning/Wealth Strategies Team and/or Investment Team and/or Business Development Team, and others as directed by supervisor(s)

INTERFACES WITH CLIENTS TO PROVIDE EXCEPTIONAL SERVICE. Follows up with clients for additional information required by Advisors of their client service team. Meets with clients as requested by Advisors and follows up on client questions and concerns with Advisors. Serves as contact / resource for clients calling with questions regarding their asset management accounts. Executes on directions from clients to meet any of their transactional and other needs. Forwards calls or questions that cannot be answered to an Advisor as appropriate. Communicates daily with asset management team members regarding items that affect clients who are currently being served

PROVIDES CLIENT RELATIONSHIP SUPPORT FOR ADVISORS. Facilitates and executes tasks and ensures prompt and complete follow through. May prepare performance reports, including certain institutional reports

INTERFACES WITH CUSTODIANS, AS NEEDED. As backup to CRS support, may initiate transactions and paperwork, and communicate with custodians regarding alerts. Maintains appropriate documentation and records, as required by custodians and other regulatory bodies

ASSISTS IN NEW CLIENT ONBOARDING AND ACCOUNT OPENINGS/TRANSFERS. Works with Advisors and Client Relationship Support to onboard new clients from initiation through completion. Assists and/or serves as back-up to Client Relationship Support to request contracts, DIMA Authorization Forms, driver’s license copies, and other appropriate new account and/or account transfer paperwork. Runs OFAC checks. Oversees transfer of assets and/or accounts to JFS. Coordinates preparation of an Investment Policy Statement (IPS) for the client’s portfolio prior to assigning a model to or trading the account. Ensures that accounts are properly set up in AdvisorView, including custom fields and CRM. Sets accounts up for any special features needed, including check writing, distributions, RMD’s, margin, etc. Works directly with clients and custodians, as needed and appropriate. Set up and maintain client portal in Advisor View

SERVES AS BACK-UP TO COMPLETE ADMINISTRATIVE FUNCTIONS RELATED TO CLIENT'S ACCOUNTS. Processes additional funds into existing accounts as instructed. Provides delivery instructions for various types of assets. Fulfills distributions requests, including ensuring cash availability. Ensures, with Advisors, that RMDs are taken appropriately. Processes account closures and client terminations, including launching appropriate workflows involving compliance, operations, and billing. Completes required and requested account maintenance and account service (ex. beneficiary changes, address changes, etc.). Assists in coordination of quarterly and semi-annual investment review report preparation, review, and processing. Runs reports and global reports in AdvisorView as needed

TEAM EFFORT. Interacts with other employees to promote smooth work flow, identify and resolve problems, advance the firm’s image and accomplish results which support the mission of JFS Wealth Advisors

Qualification

Certified Financial Planner (CFP)Series 65Financial PlanningClient Relationship ManagementCRM SoftwareClient ServiceMathematical SkillsMicrosoft SuiteProblem SolvingTeamworkAttention to DetailCommunication Skills

Required

Bachelor's degree (B. A.) from four-year college or university; or a minimum of four years related experience and/or training; or equivalent combination of education and experience

CFP® registration or license or Series 65 in order to allow for direct advice to clients. Must be willing to get CFP, if you do not have one

Valid driver's license

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations

Ability to write reports, business correspondence, and procedure manuals

Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions and percentages

Ability to define problems, collect data, establish facts, and draw valid conclusions

Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables

To perform this job successfully, an individual should have knowledge of CRM; Database software; Internet software; Microsoft Suite (Outlook, Word, and Excel)

Must be client service and team oriented

Must be able to use a PC proficiently