Associate Wealth Advisor

About Northern Trust

Northern Trust is a global leader in innovative wealth management, asset servicing, asset management, and banking services. Founded in 1889, the company adheres to three guiding principles: Service, Expertise, and Integrity. These principles guide the company's business conduct, instilled in its partners, who are called "Northern Trust Partners."

Major Duties

• Collect, organize, and maintain client personal and estate planning profile data.
• Review and synthesize client profile data and assist in the design of client profiles and wealth plans integrating wealth management, wealth transfer, and tax efficiency goals.
• Create detailed balance sheets by reviewing source documents to ensure proper ownership.
• Create comprehensive flow charts that incorporate all estate planning and business entity documents.
• Cook up internal and external communications and meetings with prospects, clients, partners, and external advisors.
• Communicate with internal and external partners, professional advisors, and others to obtain and deliver wealth plan related information.
• Conduct fundamental research related to estate planning solutions and strategies.
• Prepare presentations for client meetings.
• Help manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role).
• Perform light administrative duties required of the role, including travel and expense reporting for Family Office Solutions partners, preparation of meeting materials, pipeline management, meeting scheduling, etc.
• Attention to detail is a requirement so proofing is an important part of the job.

Qualifications

• 2-4 years estate and financial planning and analysis experience with high-income/net worth individuals and families desired.
• A familiarity with wealth transfer strategies, rudimentary estate and gift tax rules, and basic planning concepts like retirement and education planning.
• A basic understanding of wills, trusts, and ancillary estate planning documents.
• Expected to have or be pursuing professional designations including CFP®, CPA, JD, MBA, and similar evidence of advanced learning and professional qualification.
• Strong presentation and communication skills (written and verbal).
• Ability to multi-task and meet deadlines with strong time management and organizational skills.
• A high attention to detail and well-developed proof-reading skills.
• Highly proficient in Excel and PowerPoint; Proficient in Outlook, Word, Adobe Acrobat, and Visio.
• Ability to learn other software platforms.

Benefits

• Retirement benefits (401k and pension)
• Health and welfare benefits (medical, dental, vision, spending accounts, and disability)
• Paid time off
• Parental and caregiver leave
• Life & accident insurance
• Other voluntary and well-being benefits
• Discretionary bonus program that may include an equity component

Pay

The salary range for this position is $99,600 - $169,200 USD. Northern Trust provides a comprehensive benefits package including retirement benefits, health and welfare benefits, paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits.