SVP, Wealth Management
- Fremont, CA
- Permanent
- Full-time
Fremont Bank, a top-rated, community-focused financial institution in the Bay Area since 1964, is seeking a visionary and results-driven Senior Vice President (SVP) of Wealth Management to lead our growing Wealth Management division. This role is ideal for a strategic leader with deep expertise in financial planning, trust services, investment advisory, and high-net-worth relationship management. The SVP will lead and scale a dynamic team of wealth professionals while fostering exceptional client experiences and accelerating market growth. This is a rare opportunity to make a direct impact at a mission-driven bank with a longstanding reputation for integrity, innovation, and community commitment.Why Fremont Bank?
Founded in 1964, Fremont Bank is one of the oldest independently owned banks in the Bay Area and has been consistently recognized as a Top Workplace for the past 15 consecutive years. Our foundation is built on relationships - with our clients, our associates, and our communities.We offer:
- A people-first culture grounded in inclusion and excellence
- Deep community involvement and local reinvestment
- A mission-driven workplace where values and performance go hand in hand
- Full-Service Banking with comprehensive financial solutions, advanced technology, and exceptional service
- No-Compromise Approach - we help clients get to "yes"
- Core Values:
o Foster a supportive and empowering environment for associates
o Deeply invest in the well-being of our local communityPosition OverviewThe Senior Vice President (SVP) of Wealth Management is a senior leadership role responsible for overseeing the strategic direction, growth, and profitability of the wealth management division within the Bank. The SVP will lead a team of wealth management professionals to deliver comprehensive financial planning, investment advisory, trust services, and wealth management services to high-net-worth individuals, families, and institutions. This position reports directly to the EVP, Community Banking Group Executive and collaborates closely with executive management to drive business growth and client satisfaction.Role and Responsibilities1. Strategic Leadership:
- Develop and implement strategic plans and initiatives to drive growth, profitability, and market expansion within the wealth management division.
- Define the division's vision, mission, and objectives in alignment with the Bank's overall strategic goals and client needs.
- Provide leadership and guidance to the wealth management team, setting clear goals and performance targets to achieve business objectives.
- Build and maintain relationships with high-net-worth individuals, families, and institutional clients, serving as a trusted advisor and point of contact.
- Oversee and drive comprehensive financial planning and wealth management consultations to assess clients' financial goals, risk tolerance, and investment objectives.
- Review and customize wealth management strategies, investment portfolios, and asset allocation recommendations tailored to clients' unique needs and preferences.
- Provide investment advisory services, including portfolio management, asset allocation, and investment selection, to help clients achieve their financial goals and objectives.
- Monitor market trends, economic indicators, and investment opportunities to identify strategic investment themes and asset allocation strategies.
- Conduct investment research and due diligence on investment products, asset classes, and investment managers to support portfolio construction and investment decision-making.
- Lead business development efforts to acquire new clients and expand the Bank's wealth management client base.
- Develop and execute marketing and sales strategies to attract prospective clients, including networking, prospecting, and relationship-building activities.
- Collaborate with marketing and business development teams to create marketing materials, presentations, and thought leadership content to promote the Bank's wealth management capabilities.
- Recruit, train, mentor, and develop a high-performing team of wealth management professionals, including financial advisors, relationship managers, trust officers, and investment analysts.
- Foster a culture of excellence, collaboration, and client service within the wealth management team, promoting professional growth and associate engagement.
- Provide coaching, feedback, and performance evaluations to support associate development and ensure alignment with business goals and objectives.
- Oversee Strategic Partnerships including Broker/Dealer, Trust Processing, Asset Management, and various product partners.
- Ensure all Strategic Partnerships meet all corporate service standards, competitive expectations, and communications.
- Ensure all Strategic Partnerships meet all goals and expectations of the Bank.
- Build, cultivate, and sustain long-term relationships with high-net-worth clients, strategic partners, and key internal stakeholders.
- Act as a trusted advisor and advocate, ensuring exceptional service delivery and consistently high levels of client satisfaction.
- Leverage relationships to drive referrals, cross-sell opportunities, and expand the Bank's footprint in the wealth management space.
- Oversee the day-to-day operations of the Wealth Management division, ensuring alignment with strategic objectives and regulatory standards.
- Drive operational efficiency through continuous process improvement, effective resource allocation, and the implementation of best practices.
- Collaborate cross-functionally with compliance, finance, technology, and other departments to maintain operational excellence and mitigate risk.
- Develop and lead sales strategies that drive client acquisition, revenue growth, and market expansion.
- Set clear performance targets and KPIs for the sales team, providing ongoing coaching, support, and accountability.
- Utilize data-driven insights to refine go-to-market strategies, monitor sales effectiveness, and optimize conversion rates across channels.
- Bachelor's Degree in Finance, Business Administration, Economics, or related field; MBA or advanced degree preferred.
- Regulatory recommended Security licenses, Series 7, 9,10, 65 preferred.
- Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), or Certified Wealth Manager (CWM) designation preferred.
- Minimum of 10 years of experience in wealth management leadership roles, with a proven track record of building and managing high-performing wealth management teams.
- Strong understanding of financial planning principles, investment strategies, trust services, and wealth management best practices.
- Excellent leadership, communication, and interpersonal skills, with the ability to inspire and motivate teams.
- Proven ability to build and maintain relationships with high-net-worth clients and business partners.
- Knowledge of regulatory requirements and compliance standards applicable to wealth management services.
- Ability to work independently and as part of a team in a fast-paced environment.
- Excellent attention to detail and organizational skills.
- Team Players who go above and beyond to support their colleagues
- Action-Oriented professionals who challenge the status quo and seek improvement
- Purpose-Driven individuals who understand and champion the bank's community impact
- Medical, dental, and vision insurance
- Flexible Spending Accounts (FSA, Dependent Care, Health Savings)
- Employee Stock Ownership Plan (ESOP)
- 401(k) with employer match
- Performance-based incentives
- Paid holidays, vacation, sick time, and parental leave
- Free personal checking and savings accounts
- Home loan rate discounts
- Tuition reimbursement and professional development resources
- On-site gym and discounted health club memberships
- Employee Assistance Program (EAP)
Fremont Bank is proud to be an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees, regardless of race, color, religion, sex, gender identity, sexual orientation, national origin, age, disability, veteran status, or any other protected classification.Salary Range
The hiring salary range for this position is $175,000.00 to $225,000.00 annually, based on factors such as experience, skills, education, and internal equity. Compensation decisions are made in consideration of these factors and in alignment with Fremont Bank's compensation philosophy.Employee Stock Ownership Plan (ESOP)
The Employee Stock Ownership Plan (ESOP) is a way for Fremont Bank to contribute to the financial well-being of associates by making a contribution to their retirement account. In addition, the ESOP provides associates an opportunity to share in the growth and prosperity of Fremont Bank.Note to Search Firms:
Fremont Bank does not accept unsolicited resumes from search firms or agencies without a signed service agreement. Unsolicited resumes will be considered the property of Fremont Bank, and no fees will be paid.