Senior Tax Strategist - High Net Worth

About the role

The Edward Jones Generations team provides an end-to-end, high net worth (HNW) client experience by partnering with our branch teams to provide ongoing client services including holistic financial planning, tax and estate planning services via trusted 3rd parties, plan implementation via expanding sets of Edward Jones products and services, and ongoing reporting and support.

Responsibilities

• Support Senior planner and partner with home office and third-party experts to support financial advisors and deliver the high-quality Advice, Planning, Products, and Services (APPS) required to meet our High Net Worth client's wealth management and tax planning needs.
• Serve as a subject matter expert for complex cases requiring deep technical knowledge and extensive tax planning expertise.
• Understand how upcoming changes in legislation and regulatory environment may impact High Net Worth tax planning and proposed client strategies.
• Implement tax planning strategies and recommendations.
• Communicate at an appropriate technical level with financial advisors, High Net Worth team, and clients to gain understanding of client's needs, aid in documenting client goals, articulate tax planning strategies and recommendations, identify expertise needed to help the client achieve their goals, and build relationships with clients and financial advisors.
• Serve as a conduit to a third-party tax planning and legal advice service providers to implement tax planning strategies for clients.
• Set expectations with tax planning/legal service providers, client, financial advisor, and High Net Worth team to deliver timely advice and customized client deliverables.
• Connect client's financial plan to their tax and legacy goals. Clearly articulate services to be rendered to 3rd party service providers.
• Facilitate the timely delivery and execution of tax planning advice between the third-party service provider and High Net Worth team.
• Lead or actively contribute to key strategic initiatives/projects within and across Wealth Management Advice & Solutions (WMAS) division supporting our High Net Worth strategy and team, in collaboration with internal/external stakeholders, that enable the firm's evolution to deliver ongoing financial planning and asset management services.
• Work in partnership with Edward Jones internal stakeholder groups (Edward Jones Trust Co, Compliance, Legal, Service, Operations, Home Office Portfolio Strategist, etc.) to ensure proper alignment and continued evolution in partnership with the HNW business segment and APPS strategies.
• Help shape and inform High Net Worth client facing advice and guidance related to complex tax planning as well as provide input on future products and services needed to meet client needs.

Requirements

• Bachelor's degree in Business, Finance, Accounting or Law required
• CPA or Masters of Taxation required within 6 months of hire
• Series 7 and 66 required within 6 months of hire
• Insurance license required 6 months of hire
• Ability to travel up to 10% to target markets
• CFP® preferred or obtained in accordance with firm policy
• 11+ years of experience in the financial services industry preferred
• Direct client service experience as a member of a High Net Worth client-facing professional team required
• Understanding of Financial Advisor and Branch Team Support Member(s) processes including the implementation of Core Wealth, Banking, and Financial Planning offerings.
• Ability to interpret and leverage firm advice and guidance to support the branch in creating a tailored solution for each client.
• Proficiency using financial planning software or tools and interpreting results
• Deep understanding of financial planning concepts and application
• Deep expertise in complex tax planning strategies including but not limited to Charitable Remainder Trusts (CRTs), Private Foundations, Donor Advised Funds, Trust taxation, Roth conversion analysis, pass through entity taxation, 1031 Exchanges, Deferred sales trusts, equity based compensation, net unrealized appreciation, considerations for business sales, etc.
• Ability to understand and explain these strategies as well as identify when a strategy is appropriate to discuss with a client and ensures alignment to their financial plan and goals
• Familiarity with implementation of these strategies for High Net Worth clients
• Ability to review client tax returns, gift/estate tax returns, personal financial statement, and other legal documents i.e. shareholder agreements, business agreements, executive compensation plans, partnership agreements, etc. and identify tax planning opportunities

Qualifications

• Deep Subject Matter expertise in complex tax planning for High Net Worth clients
• Strong presentation and communication skills
• Personal initiative and ability to collaborate and build relationships
• Ability to lead small groups and present findings in a clear and concise manner
• Ability to lead a client meeting with multiple professionals
• Exceptional organizational skills

Skills

• Deep Subject Matter expertise in complex tax planning for High Net Worth clients
• Strong presentation and communication skills
• Personal initiative and ability to collaborate and build relationships
• Ability to lead small groups and present findings in a clear and concise manner
• Ability to lead a client meeting with multiple professionals
• Exceptional organizational skills

Benefits

• Medical and prescription drug
• Dental
• Vision
• Voluntary benefits (such as accident, hospital indemnity, and critical illness)
• Short- and long-term disability
• Basic life
• Basic AD&D coverage
• 401k retirement plan
• Tax-advantaged accounts: health savings account, and flexible spending account
• 11 paid holidays
• 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism
• Eligible for bonuses and profit sharing
• Employee Assistance Program

Pay

Compensation provided for using, not obtaining, the rating.

Schedule

Candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office four days per week.