Key responsibilities
Are you an experienced estate tax professional? Does partnering with financial advisors and their largest and best clients on estate and financial planning issues motivate you? We're looking for someone like you who can:
• enhance the UHNW client acquisition and retention process by contributing sophisticated advice related to income tax planning, wealth transfer and philanthropic planning
• educate financial advisors and members of the Advanced Planning Group in the areas of income tax and financial planning
• articulate a concise message to both the client and UBS financial advisor, as an advice provider in a comprehensive wealth planning context
The team
As a member of the Advanced Planning group, you partner with the Advanced Planning team (comprised of former practicing estate planning attorneys and tax professionals) and financial advisors to proactively engage clients and prospects with a net worth of $50M and above in a dialogue surrounding advanced income tax strategies, and the integration of those strategies with their estate plan and investment portfolios. You will prepare comprehensive analysis and review of a client's income tax planning (on an individual and entity basis), assist clients with establishing family offices, educate clients on opportunities for additional planning, and including a review of estate planning structures. You will serve as a member of UBS's in-house "think-tank," by creating timely articles on income tax planning for internal and external publications and participating in speaking engagements.
Your skills and experience
• ideally, 3+ years working at a financial, accounting or law firm that provided relevant experience to perform the duties described above
• advanced degree or designation required (e.g., JD, CPA, Paralegal certificate/degree)
• ability to review and understand both basic estate planning documents as well as documents implementing more complex estate planning strategies, such as irrevocable trusts, grantor retained annuity trusts (GRATs), qualified personal residence trusts (QPRTs), sales to intentionally defective grantor trusts and split-interest charitable trusts
• active Series 7 and 66 licenses (or are required to obtain them upon hire)
• ability to understand and assimilate complex personal financial information (tax returns, investment statements, incentive benefits, employee benefits and compensation, life insurance policies, business interests, qualified and nonqualified retirement plan information, pension and annuity information, social security, deferred compensation information, related retirement and benefits data, incentive and nonqualified stock option and restricted stock information)
• experience with the following areas, techniques and strategies: personal income, estate, gift, GST and trust tax disciplines, advanced wealth transfer planning techniques such as Grantor Retained Annuity Trusts, Qualified Personal Residence Trusts, Family Limited Partnerships, Defective Grantor Trusts, Irrevocable Life Insurance Trusts, Charitable Remainder Trusts, Charitable Lead Trusts, Private Foundations, Generation-Skipping Transfer Tax, planning with concentrated stock positions, incentive benefits, non-qualified stock options, incentive stock options, and restricted stock
• you're curious to explore how AI can improve how we build, deliver, and optimize workflows. You do this with sound judgment - validating outputs and aligning with policies, risk standards, and ethical use
Salary information
The indicative gross base salary range as a full-time equivalent role:
• United States - New York - New York min USD 160000 - max USD 220000 /annum
The expected salary for this role will be determined by relevant factors which may include but are not limited to, role-required experience, qualifications, education, location and skill level. UBS offers a range of competitive benefits and for further information, please visit ubs.com/employee-benefits. We may, at our sole discretion, provide additional variable compensation or awards.
Join us
At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We're dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That's why collaboration is at the heart of everything we do. Because together, we're more than ourselves.