Client Advisory Manager

Tolleson Wealth Management•Dallas, TX

About The Position

The Client Advisory Manager will primarily serve as a project manager for client engagements, ensuring the successful completion of all projects for assigned clients. This role involves overseeing, managing, preparing, analyzing, and advising wealthy families on various aspects of personal financial planning, including investments, estate planning, tax planning, debt management, and insurance. The position requires gathering client financial information, researching investment ideas and wealth management strategies, assessing financial decisions, and developing creative, logical plans with quantitative and qualitative analysis. Responsibilities also include preparing financial reports and presentations, coordinating investment strategies, attending client meetings, communicating with clients and their outside advisors (CPAs, Attorneys, etc.), and ensuring the timeliness, accuracy, and thoughtfulness of all work products. The role involves delegating tasks, managing Analysts and Senior Analysts, communicating project status, and mentoring junior staff through training and career development. Additionally, the Client Advisory Manager is expected to continue establishing business networks and building business development skills.

Requirements

Bachelor’s degree from accredited university with major focus in accounting or finance.
5-10 years’ of work experience which is industry related.
Completed the CFP program or in process of completion.
Strong understanding of wealth management process.
Understanding of asset allocation and application to each client’s goals.
Understanding of performance reporting and how to interpret numbers.
Knowledge of estate planning and estate reduction strategies.
Knowledge of charitable planning strategies.
Ability to perform property and casualty assessment.
Understand how to evaluate life insurance and the product options.
Strong Excel, PowerPoint and Word skills.
Ability to learn new systems and is internet savvy.
Strong financial and analytical skills and understanding of basic financial concepts.
Desire to learn and grow professionally in the personal wealth management business.
Consent to and have favorable consumer report and background check test.

Nice To Haves

IMCA, (CPWA), CPA, CFA or JD designation a plus.

Responsibilities

Serve as project manager for client engagements, managing the flow of all projects for assigned clients to a successful completion.
Oversee, manage, prepare, analyze, and provide advice to wealthy families on all aspects of personal financial planning including investments, estate planning, tax planning, debt management, and insurance.
Gather all information for client financial matters.
Research investment ideas and wealth management strategies.
Assess financial decisions and situations, thinking creatively of logical plans to evaluate the client’s options and put together a quantitative and qualitative analysis.
Prepare financial reports and presentations for clients.
Coordinate and execute investment strategies.
Attend client meetings and provide input, talk to clients on the phone, and coordinate most of the work and communication with the client’s outside advisors (CPA’s, Attorney’s etc..).
Ensure that all work products presented are timely, accurate and well thought out.
Delegate tasks and manage Analysts and Senior Analysts, and communicate the status of projects to them and the rest of the Client Advisory Team.
Mentor analysts and senior analysts by training, teaching and developing their careers at the firm.
Continue to establish business networks and build business development skills.