U.S. Bank PWM Assoc Advisor Planning 1 in Chicago, Illinois
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
Job DescriptionPrivate Wealth Management (PWM) Associate Advisors Planning Tasks/Responsibilities 1. Work under the direction of Central Region Managing Director - Wealth Planning to support and advance the planning practice for each Market in the Central Region. 2. Provide much needed capacity for senior wealth strategist and senior wealth planners. This role will assist in data collection, financial tool utilization, research, case development, presentation design, and case management responsibilities, thereby freeing up the capacity for senior wealth strategist and senior planners to provide deeper engagements with clients and prospects, resulting in additional opportunities. 3. Coordinate initial document requests and production with members of the client team, especially with Private Wealth Advisors and their associates. 4. Initiate new plan data entry for new and existing clients into planning software and analytic tools, such as Money Guide Pro and NaviPlan plan/etc. 5. Updating MGP/Naviplan/etc. plan data for existing clients periodically (quarterly/semi-annually or annually, depending on the client meeting schedule) 6. Preparing slide deck with planning outputs 7. Draft flowchart in PPT, run Brentmark calculations. Crunching all the different options in the various software programs and then and packaging them into a client-friendly format. 8. Assist with reviews, analysis, and analytical comparisons of several alternative strategies – for example: Roth conversion, series of QCDs in retirement, charitable trusts, and NQDC vs life insurance as a supplemental retirement funding vehicle, etc. 9. Case Management - Advisements, Documented Strategies & Loyalty Drivers 10. Ensuring the timely completion of planning engagements, advisements & documented strategies. 11. Research a. Confirmation of beneficiary designations, TOD, POD or any other special client account assignments b. Review public filings for details on equity compensation, including RSUs, PRSUs and Options c. Keep up to date on relevant tax changes and their effect on client situations
Basic Qualifications - Bachelor's degree, or equivalent work experience - Two to three years of related experience in the financial services industry
Preferred Skills/Experience - Advanced knowledge of departmental operations/policies and U.S. Bank products and services - Strong organizational and analytical skills - Excellent verbal, written and interpersonal communication skills - Ability to identify and resolve exceptions, interpret data and resolve complex problems with minimal guidance - Proficient computer skills, especially Microsoft Office applications - Financial industry certification, e.g., AWMA, CFP, ChFC, etc.
Benefits: Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers.
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U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.