Wealth Advisor Wanted Houston, Texas.
Family Wealth Builder is Hiring a Wealth Advisor Apprentice for our Houston location at University of Houston – main campus.
The Wealth Advisor Job Description is below.
Build your career as a Wealth Advisor a seasoned team of proven experts in Houston, Texas.
Want to…
- Become a successful Wealth Advisor?
- Grow your own business as a Wealth Advisor?
- Gain more independence and a better income?
- Learn how to deliver the best client experience?
- Work with a seasoned team of wealth advisor experts?
- Make a positive impact on families?
- Build your wealth advisor career while learning from wealth advisor experts?
Wealth Advisor Responsibilities: Reports to, works with, and assists the CEO of Family Wealth Builder (Jim Munchbach, Certified Financial Planner™ and Family Wealth Advisor). Wealth Advisor Apprentice will have the following responsibilities:
•Assist in preparation of financial blueprints for clients including analysis and recommendations in areas such as cash-flow, retirement, estate-planning, education-funding, stock options and risk management
•Manage pre-client meeting activities such as preparation of agendas, client-ready financial blueprint presentations, recommendations and client paperwork
•Manage post-client meeting tasks in a timely manner such as meeting notes, revisions to financial blueprints as needed and implementation of agreed upon recommendations
•Evaluate clients current investments, assist in development of recommendations and presentation to clients, implement changes as outlined in client’s Investment Policy Statements as appropriate
•Follow-up with clients’ other advisors for collaboration and coordination as needed, including appointment setting and data gathering.
•Deliver an extraordinary client experience by demonstrating a clear understanding of the following 7 Step Financial Planning Process:
Step 1 > Discovery Meeting
The blueprint planning process starts with a face-to-face (or FaceTime) meeting with a wealth advisor to get to know the client’s vision, values, and purpose. During this meeting the wealth advisor will ask clients/prospective clients to share their goals and concerns and wealth advisor will review their current situation along with their personal financial statement and other key documents (investment statements, tax returns, estate planning documents, etc.).
Step 2 > Initial Observations
Next we create a list of initial observations based on the information provided. Our team then works together to build a comprehensive financial model of their current situation or what we call a Blueprint. Throughout the planning process we work to prioritize the clients’ needs, wants, and wishes in a way that connects all of their resources to What Matters Most to them.
Step 3 > Gap Analysis
In this step we spend as much time as needed to analyze their family (or business) investments, assets, liabilities, inflows, and outflows in the context of their goals and objectives. Our goal is to identify the gaps in their current financial plan, including any issues, problems, or opportunities that need further research.
Step 4 > Blueprint Presentation
At this meeting we will present our initial observations and highlight the gaps and opportunities we’ve identified in building their customized Blueprint. We’ll walk them through the details of their financial Blueprint and we’ll spend as much time as needed to answer all of their questions. We’ll then outline a client agreement including the cost of our services should they wish to hire us to build, implement, and monitor their financial Blueprint for one year.
Step 5 > Strategy Recommendations
Once they have hired Family Wealth Builder, we will formalize a comprehensive Blueprint with specific strategic design recommendations, action steps, and an implementation timeline. The prioritization and implementation of the recommendations will always be based on the client’s situation and motivation.
Step 6 > Blueprint Implementation
The next step is the implementation of the ideas, strategies, and solutions we’ve agreed make sense for their family or business. This often includes the active oversight and management of their investment portfolio as well as coordinating with their team of advisors (CPA, Attorney, insurance agents). Should they decide to hire us for investment management services, a separate advisory agreement will be provided for that portion of their portfolio as required by the SEC. RIA Fiduciary Services provided through FamilyWealthBuilder@TremontStreetFA.com
Step 7 > Plan Monitoring
We understand that the clients’ situation may change over time. Our team offers to meet with our clients regularly so that we can determine if (and how) any of their life changes will impact their financial goals and objectives. We will also offer to help clients organize their key financial documents and important personal data on our secure financial planning website. At their one year anniversary with Family Wealth Builder, we will offer to review the progress made on their plan and discuss any adjustments needed.
Wealth Advisor Qualifications: Above all else, the successful candidate must believe in the core values of Family Wealth Builder and be driven to help clients connect their financial decisions with their vision, values, and purpose.
We are seeking a candidate that has a strong desire to help wealthy individuals, families, and business owners achieve a greater degree of clarity, confidence, and contentment through holistic financial life planning.
Wealth Advisor Additional Requirements:
•General Qualities — highly detailed and organized, constant desire to increase financial planning knowledge and communication skills, clear focus on meeting client needs in a team environment, ability to collaborate with the financial planning team (including the clients’ existing team of Financial Advisors) and the ability to efficiently share knowledge and resources with others for the purpose of delivering an extraordinary experience for our clients and their families.
•People Skills – confidence interacting with older and knowledgeable high net worth clients and other stake holders.
•Communication – ability to clearly and succinctly communicate both verbally and in writing. The ability to clearly present and effectively communicate (in person) a new idea, perspective, or different opinion in a way that makes sense and is connected with the clients’ goals and objectives.
•Action Oriented — strong work ethic and takes initiative when faced with challenges; able to act and react as necessary, even if limited information is available; not afraid to make quick decisions when needed. (Has the ability to help clients make wise financial decisions.)
•Technology Savvy – innate ability to understand technology including cloud-based software. Able to quickly learn MoneyGuidePro, Black Diamond, Redtail, and the Charles Schwab Institutional platform for customer service.
•Educational Background — four year undergraduate degree required (or in progress) preferably in financial planning; business, finance, economics, or related fields. Basic understanding of financial planning strategies for high net worth clients. Significant consideration will be given to candidates who are (or are working towards becoming) a Registered Paraplanner, CFP, CPA, ChFC or CLU. Series 6, 7, 63 or 65 is a plus but not required.
Wealth Advisor Additional Duties/Job Description:
- Work closely with and learn directly from each of the subject matter experts on the team in preparation for full time position as Wealth Advisor
- Regular communication with clients and custodians
- Analyze multi-year cash flow projections for clients involving taxable distributions from mutual funds, stock option exercises, multiple income sources, and withdrawals from retirement accounts
- Perform probability analysis on sustainability of cash demands on retirement accounts and explain results to clients
- Implement optimal asset allocations and portfolio rebalancing based on client risk-tolerance, cash needs, and tax efficiency of assets within taxable and tax-deferred accounts.
Contact Jim@FamilyWealthBuilder.com today if you meet the qualifications for our Wealth Advisor Apprentice position.
Schedule now online: https://calendly.com/familyplan
