Full-Time

Sr Wealth Advisor

Posted on 1/15/2025

Northern Trust

Northern Trust

10,001+ employees

Compensation Overview

$189.3k - $331.2kAnnually

+ Bonus

Senior

Pasadena, CA, USA

Category
Asset Management
Financial Planning and Analysis (FP&A)
Finance & Banking
Requirements
  • Strong knowledge of wealth transfer planning, taxation, estate planning solutions, wealth management products and services usually acquired through extensive work related experience with high/ultra-high net worth clients in financial services, law or consulting.
  • Broad based technical and analytical skills in wealth planning, wealth transfer, tax, philanthropy, fiduciary practice, asset location and preservation and related disciplines.
  • Strong interpersonal skills and proactive consultative orientation.
  • 5-7 years wealth planning experience working with high/ultra-high net worth individuals and families in a comprehensive capacity.
Responsibilities
  • Development of a comprehensive personal and financial wealth profile on the client and the client’s family including identification of wealth related life goals in collaboration with Lead Relationship Manager, if any.
  • Design and implement, in collaboration with the client’s professional advisors and Northern partners, a wealth plan integrating wealth management, wealth transfer and tax efficiency goals.
  • Work in close collaboration with the Portfolio Manager, Regional Wealth Advisor, Trust Advisor, Banker and other Northern Trust professionals in the implementation of the client’s wealth plan.
  • Monitor and periodically update client wealth plan.
  • Active assistance in the sales process and identification of opportunities to expand client relationships through the introduction of new Northern Trust products and services.
  • Serve as a mentor to Associate Wealth Advisors and Wealth Advisors.
  • Actively engage in cultivation of professional advisor relationships, including attendance at and participation in professional conferences and professional advisor networks.
  • Operates independently; has in-depth knowledge of business unit / function.
  • As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level.
  • Carries out activities that are large in scope, cross-functional and technically difficult.
  • Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities.
  • Conducts preliminary analysis.
  • Responsible for direct interaction with different committees and/or management.
  • Strategic in developing, implementing and administering programs within functional areas.
Desired Qualifications
  • Advanced educational and professional designations including CFP, JD, MBA and similar evidence of advanced learning and professional consulting qualification desired.

Company Size

10,001+

Company Stage

IPO

Headquarters

Menlo Park, California

Founded

1889

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Simplify's Take

What believers are saying

  • Increased demand for ESG solutions boosts Northern Trust's asset servicing business.
  • Rise of digital assets presents expansion opportunities for Northern Trust's custody services.
  • Outsourcing trend in finance increases demand for Northern Trust's third-party services.

What critics are saying

  • Competition in asset servicing may pressure Northern Trust's market share.
  • Rapid digital banking adoption by competitors could outpace Northern Trust's advancements.
  • Geopolitical tensions may disrupt Northern Trust's operations in Asia.

What makes Northern Trust unique

  • Northern Trust collaborates with TCS to enhance its securities services offering.
  • Northern Trust secures asset servicing mandates from Generation Life and Brickwood Asset Management.
  • Northern Trust partners with Foundation Source for modern private foundation management services.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Hybrid Work Options

Flexible Work Hours

Mental Health Support

Wellness Program

Company News

ChannelDrive
Mar 8th, 2025
Northern Trust Picks TCS to Transform its Securities Services Offering

Tata consultancy services (TCS), a global enabler in IT services, consulting, and business solutions, has signed an expanded deal with Northern Trust, a global financial institution, to centralize and standardize its custody operations across 99 direct and global markets.

Funds Global Asia
Mar 4th, 2025
Northern Trust secures asset servicing mandate from Generation Life

Under the new mandate, Northern Trust will deliver global custody and valuation reporting services for AU$1.5 billion in Generation Life's portfolio assets, which include domestic and international equities, bonds, foreign exchanges, etc.

Defense World
Mar 4th, 2025
StockNews.com Begins Coverage on International Tower Hill Mines (NYSE:THM)

Northern Trust Corp purchased a new stake in shares of International Tower Hill Mines in the fourth quarter worth about $46,000.

Florida Trend
Mar 4th, 2025
Florida Trend Magazine

Lynch succeeds Paul Williams, who retired after 41 years with Northern Trust.

Asset Servicing Times
Mar 3rd, 2025
Brickwood Asset Management selects Northern Trust for asset servicing solutions

Northern Trust has been selected by UK asset management boutique Brickwood Asset Management to provide asset servicing solutions.

INACTIVE