Morgan Stanley

Private Wealth Management Investment Consultant

Morgan Stanley$68K — $120K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • College degree or professional certification required
  • 10+ years of relevant work experience
  • CFP designation
  • Insurance licensed
  • Wealth transfer and trust experience
  • Active Series 7, 63, and 65 (or Series 7 and 66)
  • Minimum of 5 years FINRA Registration preferred

Responsibilities

  • Provide comprehensive financial planning to team clients with annual reviews
  • Liaise for the FA team in purchasing annuities and insurance solutions
  • Promote Goals-Based Wealth Management practices among clients
  • Lead discussions on investment strategies for insurance and annuities
  • Monitor and evaluate clients' insurance and annuity holdings
  • Assist clients with integrating insurance and annuity solutions into their financial plans
  • Maintain relationships with various specialists and external partners
  • Drive client meetings and prospecting activities

Benefits

  • Participation in management meetings for strategy alignment
  • Access to ongoing professional development
  • Relationships with specialists and external partners
  • Opportunities to connect clients with additional product and service solutions
  • Engagement with a collaborative financial advisory team
Full Job Description

POSITION SUMMARY:

The Investment Consultant - Wealth Planning Specialist is a senior level resource available to FA/PWA team that is responsible for the development, maintenance and oversight of financial plans for the team’s clients, in addition to specializing in the sale of annuities and insurance solutions to complement those financial plans.


DUTIES and RESPONSIBILITIES:

  • Provide financial planning (including basic income replacement needs, supplemental retirement planning, estate and business planning, and wealth transfer planning) to all team clients and ensure that the plan is up to date by conducting a yearly review (as a minimum)

  • Serve as liaison on behalf of the FA team in the purchase of Annuities and Insurance solutions

  • Drive adoption of Goals-Based Wealth Management tools/ practices

  • Lead meetings to discuss Insurance and Annuities investment strategies and options

  • Critically examining and monitoring the client’s Annuities and Insurance holdings for ongoing suitability and making recommendations to upgrade or re-allocate holdings, where appropriate

  • Assist clients with incorporating Insurance and Annuities solutions within their Financial Plans through case design support and asset/liability matching

  • Maintain relationships with Retirement Solutions, Trust, and Planning Specialists as well as external partners to facilitate product implementation

  • Serve as a source for connecting clients to other product/ service opportunities (i.e. making connections to banking solutions based on the needs identified through the Financial Plan)

  • Manage client interaction by participating and driving client prospecting and meetings

Education and/or Experience

  • College degree or professional certification required

  • 10 or more years of relevant work experience

  • CFP

  • Insurance Licensed

  • Wealth transfer / trust experience

  • Active Series 7, 63 and 65 or Series 7 and 66, or successful completion of Series 7 and Series 66 exams within the time frame provided by applicable company policy

  • Minimum of 5 years FINRA Registration preferred

Knowledge/Skills

  • Extensive knowledge around Financial Planning, Annuities, and Insurance products

  • Familiarity with Morgan Stanley Insurance, Annuities, and Financial Planning suite a plus

  • Financial industry and product knowledge

  • Excellent interpersonal, written, verbal, and communication skills

  • Knowledge of applicable compliance rules and regulations and firm policies

REPORTS TO:

  • Branch Manager and dotted line to the Assistant Complex Manager

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ

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