Job Description Summary: Cardinal Point Wealth Management is seeking a career-oriented Private Wealth Manager/Portfolio Manager to join the team as we continue to grow. This is a full-time role located in Toronto for the ideal candidate, who has at least 5 years' experience managing a book of business, is a strong communicator, organized, and has strong process acumen. The ideal candidate is fully licensed in Canada, with US/cross-border licensing and experience. Financial planning experience, a plus. This is a great opportunity for a career-oriented wealth management professional to continue to build their career with our rapidly growing business.
Job Description: Primary Responsibilities- Act as the client's primary liaison, team leader, and advocate, ensuring that financial and tax planning strategies are executed according to firm standards and individual recommendations, while continuously monitoring progress to help clients achieve their goals throughout all phases of the relationship.
- Serve as the primary advisor for all aspects of cross-border wealth management, including tax, investment, and financial planning with responsibility for integrating these components into comprehensive financial strategies for clients.
- Prepare and review tax projections and planning reports. Review prior year tax returns as part of the financial planning process to ensure past compliance work was done correctly.
- Research complex individual, corporate, and trust tax issues, and communicate actionable tax strategies and opportunities to support client needs for cross-border tax planning and compliance.
- Identify, effectively communicate and document tax issues and opportunities.
- Maintain high proficiency with Canadian and U.S. tax software
- Collaborate with external tax and legal professionals to ensure cross-border wealth management strategies comply with all relevant regulatory requirements and are fully integrated into each client's comprehensive financial plan.
- Conduct regular reviews with clients to monitor changes in tax regulations, lifestyle objectives, and material life events, ensuring their plans remain compliant and aligned with fiduciary standards to deliver a seamless client experience.
- Partner closely with an assigned Client Relationship Specialist to address client operational needs as well as to provide mentorship and coaching to support their professional development and growth within Cardinal Point.
- Demonstrate a strong team orientation by actively collaborating with colleagues and contributing to a supportive, solutions-focused work environment to advance shared goals and ensure the highest standard of client service. Possible examples include: Peer reviews for modular financial and tax planning.
- Coach peers through the process surrounding U.S. and Canadian tax projections.
- Peer resource for ad-hoc cross-border tax questions.
Qualifications- 4+ years of experience within wealth management, including experience with financial planning
- Bachelors degree required
- CFP designation; US CFP is preferred
- CIM or CFA designation is preferred
- Strong relationship management and communication skills
This position is an exempt position. The annualized base pay range for this role is expected to be between $150,000 - $180,000 base salary compensation range. Actual base pay may vary based on factors including, but not limited to, experience, subject matter expertise, geographic location where work will be performed, and the applicant's skill set. The base pay is just one component of the total compensation package. Other rewards may include an annual cash bonus and a comprehensive benefits package, including but not limited to medical, dental, vision, and life insurance. Please note that the job title is subject to change based on the selected candidate's experience and education.
Cardinal Point, Focus Partners Canada is a Canadian-U.S. wealth management company created to service the sophisticated needs of high-net-worth families. Our financial advisors operate under the fiduciary standard and understand that your wealth, family, interests, and values are all interconnected. We are dedicated to providing investment management, financial, estate, and tax planning solutions to residents of Canada and the U.S., Canadians moving to the U.S., Americans moving to Canada, and Canadian and U.S. expats living abroad. Cardinal Point is part of Focus, a leading financial services firm comprised of wealth management, family office, and business management services. For more about Cardinal Point, visit: cardinalpointwealth.com or follow the company on LinkedIn.
