Job DescriptionIf you're looking to leverage your background in financial planning and client service within a team that values proactive, holistic planning, Coldstream Wealth Management could be the perfect next step for you.
This position has the opportunity for career advancement within client service/team operations or towards becoming a Wealth Manager (advisor). As a Sr. Wealth Management Associate, you will build relationships, translate complex information, and coordinate the delivery of outstanding client service.
We have a hybrid work environment, with team members working in our office three days per week (Tuesday through Thursday, 8:00-5:00) and then able to work remotely the other two days if they choose.
Specific responsibilities include:- Act as a primary point of contact for clients, outside advisors (CPAs/attorneys), and custodians
- Participate in client meetings, manage agenda, record notes, prepare summary emails, and manage post-meeting action items
- Utilize financial planning tools to analyze and assist in making recommendations regarding clients' cash flow, long-term plan, and asset allocation decisions
- Prepare analysis for clients to provide context for financial decisions, such as buying or maintaining life/disability/LTC insurance, funding 529 plans, or refinancing debt
- Coordinate, manage and delegate workflow to the team's Client Service Associates
- Oversee annual tax reporting and completion of relevant tax documentation in coordination with CPAs
- Oversee the preparation and processing of all documentation related to client onboarding, implementation, and ongoing maintenance; review documentation prepared by CSAs
- Coordinate client 'touch points,' including anniversaries, thank you notes, and gifts
Experience and Skills- 5+ years of progressively responsible experience in the wealth management industry (preferably at an RIA)
- Series 65 license (or willingness to obtain it within 12 months at Coldstream's expense)
- Financial Paraplanner Qualified Professional (FPQP) designation - or completion of the first module of the CFP designation (or willingness to obtain one of them within 12 months at Coldstream's expense)
- A Bachelor's degree
- Proficiency with Microsoft Outlook, Word, Excel, and PowerPoint; experience with Salesforce CRM, eMoney, and/or Tamarac is a plus
- Exceptional communication, relationship building, and organizational skills
- Demonstrated ability to delegate, think critically, solve problems, and manage a busy workload
Job BenefitsIn terms of pay expectations, we assess each candidate individually based on their experience and qualifications and offer competitive compensation that reflects the value they bring to the team. Base pay typically starts between $100k - $120k, plus an annual bonus and a generous benefits package. Licensed individuals are eligible to participate in our New Business Incentive program as well.
As a Best Workplaces awardee, we pride ourselves on our collaborative and supportive culture. We've created a full benefits package that focuses on the growth, health, and wellness of our team members:
- Pay: Competitive base pay plus annual bonus
- Benefits: Fully paid premiums for medical/dental/vision, short-term and long-term disability, and life insurance
- 401(k): 100% company match up to 4% of your annual pay
- Stock: Opportunity to purchase equity and become an owner of the firm
- Paid Time Off: 20-28 days per year (increases with tenure) - plus 10 holidays and an extra paid day off each year to do volunteer work
- Career development: 100% training/certification/licensing/dues reimbursement plus a formal mentoring program
- Parking: heavily subsidized parking (you pay $36 per month) or transit pass
- Wellness reimbursement
- Paid Parental leave: 12 weeks paid for all new parents
- Paid sabbaticals every 10 years and anniversary bonuses every 5 years
