Asset & Wealth Management, Private Wealth Management, Goldman Sachs Family Office, Digital Estate Planning, Associate - Dallas

Goldman Sachs•Dallas, TX

1d•Onsite

About The Position

Goldman Sachs Family Office (GSFO) is in search of an Associate to support an innovative, technology driven estate planning offering for our UHNW clients. We are looking for a client-friendly individual with four or more years of experience in any of the following: U.S. tax, trust and/or estate advisory, law or pre-law, paralegal studies, estate settlement, or trust administration (trust officers); Legal AI, LLM, or automation work experience, and importantly, who has a passion for understanding and accurately interpreting intricate estate plans and models. Wealth Management Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design. Private Wealth Management (PWM) Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond. Goldman Sachs Family Office (GSFO) works in coordination with Private Wealth Advisors to develop strong ties with clients to deliver a full suite of wealth planning and family office services.

Requirements

Bachelor's Degree Required; CPA, and/or JD is a plus
A minimum of four years of experience in accounting or legal field with a focus on serving UHNW clients
Experience working with high-net-worth clients in multi-generational wealth and estate planning strategies, including reviewing and diagramming estate planning documents, or as a tax advisor
Some technical expertise or experience in US estate and transfer tax, or trust tax laws and tax implications on estate planning
Experience or background with state and local tax matters
Comfortable with learning, adopting, and utilizing new technologies and programs
Experience in professional communication with Trustees, Attorneys, Accountants, and other advisors and professional bodies in respect to private client’s wealth planning
Interest in the financial markets and good investment sense/commercial instinct
Excellent interpersonal skills and a desire to work in a team-oriented environment
Resourceful, self-starter, attentive to detail and capable of multi-tasking in a fast-paced environment
Define success criteria and core metrics with our vendor partner, including leading indicators which will be used to evaluate overall business performance
Securities Industry Essentials (SIE), Series 7 & Series 63 exams (must be obtained within first 3 months of employment)

Nice To Haves

Experience with recent developments in AI and LLM legal document extraction is considered a plus.

Responsibilities

Serve as the day-to-day contact for publishing and scaling our Digital Estate Planning solution. You will sit at the intersection of Wealth Strategy, Artificial Intelligence, and Client Service, leveraging artificial intelligence and professional expertise to accurately summarize and reflect client estates into published reports.
Demonstrate subject matter expertise in estate document reviews, extracting and interpreting key trust provisions and fiduciary law, assessing tax implications, and modeling multi-generational wealth strategies.
Ability to take highly complex estate plans and balance sheets and distill information down to key components and visualizations.
Working knowledge of the transfer of generational wealth, including tax-efficient estate planning structures, sophisticated lifetime gifting strategies, the transfer of closely held entities, charitable structures, and the administration and restructuring of trusts is expected.
Partner with PWM teams to manage the client lifecycle, from preliminary marketing, client onboarding, draft reports, scenario analysis and final client reports.
Become a subject matter expert for all related GSFO offerings, acting as the go-to contact for PWA teams and client in-bounds.
Facilitate interaction and workflow among PWA teams, wealth strategists, clients, and third-party tax and legal advisors, to ensure timely deliverables.
Ensure PWA teams and clients obtain value quickly. Managing efficient onboardings and ongoing delivery of services, including ensuring stakeholders are properly educated to maximize value of the service.
Ability to interface with Trustees, Attorneys, Accountants, and other advisors and professional bodies related to private clients’ wealth planning.
Taking ownership for quality assurance, deadlines, and key performance indicators being met and completed in a timely manner.
Collaboration with internal colleagues across Product, Engineering, Compliance, Legal, and third-party vendors to continuously evolve the product offering.
Foster a positive, collaborative, and productive team culture.