Wealth Advisor

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.  

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

REGIONAL WEALTH ADVISOR

OH: R138122

The Senior Wealth Advisor for the Ultra High Net Worth team acts as a technical expert in complex individual and family client relationships for ultra-high net worth clients ($100 million and above) who desire a sophisticated, multi-disciplinary wealth plan. This role will partner with the Regional Wealth Advisors in the Central Region and are resources responsible for working with local teams in the development of a comprehensive personal and financial wealth profile, ascertaining wealth related goals, and the design of the wealth plan, with an emphasis on wealth plan solutions and modeling. The Senior Wealth Advisor is knowledgeable in the full capabilities of Northern Trust and collaborates with the Regional Wealth Advisor, the client’s professional advisors and other Northern professionals in the delivery of integrated wealth management services.

RESPONSIBILITIES:

1. 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 the Lead Relationship Manager and Wealth Advisor.

2. Design, in collaboration with the Regional Wealth Advisor, client’s professional advisors and other Northern Trust partners, a wealth plan integrating wealth management, wealth transfer and tax efficiency goals.

3. Work in close collaboration with the local teams, including the Portfolio Manager, Trust Advisor, Banker, and other Northern Trust professionals in supporting the implementation of the client’s wealth plan.

4. Provide periodic review and revision of client’s wealth plan upon request in event of material changes of client circumstances.

5. Active assistance in the sales process and identification of opportunities to expand client relationships through the introduction of new products and services.

6. Serve as a mentor to Wealth Advisors and Wealth Advisor Associates.

7. Contribute to the development and implementation of Northern Trust wealth planning resources, solutions and products.

8. Actively engage in cultivation of professional advisor relationships, including attendance at and participation in professional conferences and professional advisor networks.
 

The successful candidate will benefit from having the following competencies:

 

• Expert knowledge of wealth transfer planning, taxation, estate planning solutions, and wealth management products and services usually acquired through extensive work related experience with ultra-high net worth clients (clients with net worth of $100 million and above) in financial services, law or consulting. Ideally has knowledge of wealth management services, products and solutions.

• 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.
• Minimum of 7 years or more of wealth planning experience working with high net worth individuals and families in a comprehensive capacity. Advanced educational and professional designations including CFP, JD, MBA or similar evidence of advanced learning and professional consulting qualification.

Salary Range:

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Working with Us: 

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater 

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected].

 
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.