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E*TRADE from Morgan Stanley · 1 month ago

Private Wealth Management Business Development Associate

Wellesley, Massachusetts, United States of America

Full-time

Onsite

Mid, Senior Level

$50K/yr - $115K/yr

5+ years exp

E*TRADE from Morgan Stanley is a leading financial services firm, and they are seeking a Private Wealth Management Business Development Associate. This role involves participating in business development and marketing efforts, as well as engaging with clients to evaluate services and develop new strategies to enhance client relationships.

BankingFinanceFinancial Services

Responsibilities

Develops and applies strategies to execute the business plan to achieve desired results (i.e., to increase client base, gross production, Portfolio Management assets, performance tracking, etc.)

Identifies business opportunities

Supports Financial Advisor / Private Wealth Advisor practice management through book analysis and determination of appropriate strategies

Creates potential strategies to further enhance client relationships based on concerns and opportunities identified during client visits

Engages in strategic planning with other team members on client matters

Interacts regularly with the Complex Business Development Manager

Partners with the Financial Advisor / Private Wealth Advisor on investment recommendations and prepare reports and plans that align with client goals

Takes accountability for optimizing business practices while adhering to best business ethics and practices

Seeks opportunities to grow business by capitalizing on Firm initiatives

Focuses on building strong relationships with corporate departments and strategic partners

Evaluates, develops and implements new services in conjunction with the Financial Advisor / Private Wealth Advisor and other team members

Stays attuned to updates and enhancements to firm products and policies

Actively engages clients and prospects to build relationships, identify needs and review investment goals

Leads team to establish and cultivate relationships with new and existing clients and proactively helps to resolve issues and concerns

May regularly accompany senior team members to engage with clients to educate about the firm’s services and products

Serves as a client contact for administrative problem resolution and fielding general client questions on a spectrum of topics

Proactively shares targeted communications with clients leveraging digital tools available (e.g., share account information, newsletters containing opportunities, new offerings and other events)