Position Summary:The Wealth Strategist plays a key role in producing and reviewing complex client estate and wealth transfer planning deliverables and serves as an estate and financial planning technical resource for the firm and developing thought leader in areas of estate and financial planning.Duties & Responsibilities:Produces Estate Document Focused Deliverables
Prepares estate flowcharts, estate planning illustrations, estate document summaries and other ad hoc technical deliverables relative to complex estate and wealth transfer planning matters
Reviews, analyzes and summarizes sophisticated estate planning documents
Discusses objectives with internal client teams as needed and prepares appropriate ad hoc deliverables
Identifies specific planning issues and strategies and drafts observations and recommendations
Calculates and administers GRATs, CLTs, CRTs as well as administration of various family entities and comprehensive services related to maintaining client’s Family Offices
Produces, Reviews and Presents Financial Modeling and Financial Planning Focused Deliverables
Prepares various financial modeling and impact analysis deliverables by utilizing NaviPlan, Excel and other programs
Develops expertise working with financial planning software (e.g., NaviPlan)
Participates as a presenter of “live-modeling” in client meetings, as needed
Discusses objectives with internal client teams as needed and prepares appropriate ad hoc deliverables
Serves as an estate and financial planning technical resource internally
Assists client team as technical resource in preparation for client meetings
Ensures objectives/observations and information from Managing Director and Client Service Teams are incorporated into planning deliverables
Reviews reports prepared by various associates
Conducts research as needed
Provides support, clarity and answers to technical issues/questions related to estate and financial planning
Advances communication skills and visibility as author of technical articles
Stays current with legislative and case law changes and other technical developments in estate and financial planning areas
Develops beneficial relationships and communicates with outside advisors
Develops, reviews and maintains FOS technical materials and educational pieces related to estate and wealth transfer planning
Develops, reviews and maintains templates for various estate planning reports, analyses and deliverables
Participates in creation, review and maintenance of estate and financial planning related technical education summaries and materials
Handles certain required administrative tasks, attends various required internal meetings and participates in training sessions for continued technical developmentPerforms other duties as assignedQualifications:
College degree with advanced degree in relevant field or professional designation in relevant area of study (such as CPA, CFP, CPWA, CIMA) and 5 years of relevant experience in trust and estate planning and tax planning. Financial planning experience preferred.
Must possess a foundation of technical and business expertise with prior experience in strategic wealth planning for high net worth individuals and multi-generational families
Must have strong analytical skills and the ability to interpret/analyze estate planning documents, financial statements and tax returns with strong attention to detail
Must be developing in area of written and verbal communication skills as author and presenter of complex estate planning strategies
Must have excellent computer skills in Microsoft Office, specifically Excel, preferably with ability to build Excel worksheets relative to complex planning strategies
Must have familiarity with financial planning software, with specific NaviPlan experience preferred
Must be developing in ability to explain complex estate planning strategies in a client-friendly manner
Must have a professional demeanor with the utmost respect for confidential matters
Must be able to work independently and in a team environment
Must be detail-oriented with excellent organizational skills
Must have ability to multi-task
Must have ability to work in a fast-paced environment
Must have strong work ethic with a positive attitude
