Director of Family Wealth

Columbia Bank•Phoenix, AZ

6d•Onsite

About The Position

Columbia Trust Company is building a dedicated Multi-Family Office (MFO) practice for ultra-high-net-worth clients and families. The Director of Family Wealth is a senior executive who leads the organization’s wealth-planning and family-office strategy, including financial planning, estate and trust planning, tax-aware wealth strategies, business-owner advisory, family governance, philanthropy, risk management, and multigenerational wealth transfer. The Director establishes the vision, capabilities, and service model for an integrated family-wealth experience, leads a team of specialized professionals, and works directly with clients alongside relationship managers, private bankers, investment professionals, trust and fiduciary advisors, and other specialists. The role develops and executes the MFO’s Family Wealth and Family Office strategy, builds a scalable service offering, and defines service tiers and engagement models. It oversees wealth and estate planning standards and capabilities, supports sophisticated client planning and business-owner liquidity events, and helps drive business development and revenue growth. The Director also develops family-governance and next-generation programs, leads and retains a high-performing team, and collaborates across the enterprise to provide coordinated client service within legal, regulatory, fiduciary, and compliance requirements. The position is fully onsite at 2155 W Pinnacle Peak Rd, Phoenix, AZ 85027, and requires frequent travel. The base pay range is $155,000 to $245,000, with possible performance-based incentive compensation. Benefits eligibility begins the first day of the month following hire for associates regularly scheduled to work at least 30 hours per week.

Requirements

B.A. required.
15+ years of experience in private wealth management, financial planning, estate planning, trust and fiduciary services, family office, private banking, or a related discipline.
Significant experience advising high-net-worth and ultra-high-net-worth individuals, families, executives, and business owners.
Demonstrated ability to lead sophisticated wealth-planning and family-office engagements involving multiple professional disciplines.
Strong understanding of estate planning, trusts, taxation, investment management, business succession, philanthropy, and multigenerational wealth planning.
Demonstrated success leading and developing high-performing professional teams.
Strong business-development orientation and ability to translate advisory expertise into measurable client and organizational growth.
Exceptional executive communication and presentation skills.
Ability to work effectively with senior executives, business owners, wealthy families, attorneys, CPAs, and other sophisticated advisors.
Ability to work fully onsite at the posted location.
Frequent travel required.

Nice To Haves

JD, LLM, or CPA preferred.
CFP®, CFA®, CPWA®, CEPA®, CTFA, or another advanced trust or estate-planning designation preferred.

Responsibilities

Develop and execute the strategic vision for the MFO’s Family Wealth and Family Office capabilities, establishing a consistent, scalable service model for UHNW families.
Build a comprehensive family-office offering covering consolidated wealth strategies and reporting; coordination of investment, trust, banking, and lending relationships; family governance; next-generation education; and philanthropic strategy.
Define service tiers and engagement models based on client complexity, assets, revenue potential, and family needs.
Serve as a senior subject-matter expert and thought leader on complex family-wealth matters, identifying emerging trends and evolving advisory capabilities.
Lead and oversee wealth and estate planning professionals, establishing standards for comprehensive, practical, and actionable planning.
Develop advanced planning capabilities for business owners, executives, entrepreneurs, and families experiencing significant liquidity or wealth-transfer events.
Partner with fiduciary and trust professionals on sophisticated trust, estate, and wealth-transfer opportunities to support relationship development and retention.
Partner with market leaders, relationship managers, private bankers, investment advisors, and trust professionals to identify and develop high-value opportunities.
Participate in significant prospective and existing client engagements where advanced planning or family-office expertise can differentiate the platform.
Drive growth in AUM, fiduciary and trust appointments, lending relationships, planning penetration, share of wallet, and multigenerational client retention.
Build relationships with attorneys, accountants, investment bankers, private equity professionals, and other centers of influence serving wealthy families.
Develop specialized capabilities for entrepreneurs and closely held business owners across the business lifecycle, including succession, pre-transaction planning, and liquidity events.
Partner with commercial, investment banking, and private banking teams to identify business owners before potential transactions and advise before, during, and after the event.
Develop programs to help families transition wealth, values, knowledge, and decision-making responsibilities across generations, including governance structures, family meetings, and education.
Create next-generation programs that build financial knowledge, strengthen relationships with heirs, and reduce generational asset attrition.
Lead, develop, and retain a high-performing team of family-office professionals and subject-matter experts, with performance expectations tied to engagement, planning activity, and revenue contribution.
Partner across Private Banking, Investment Management, Trust and Fiduciary Services, Commercial Banking, Investment Banking, Legal, Risk, and Compliance to create a coordinated client experience.
Ensure Family Wealth and Family Office activities operate within applicable legal, regulatory, fiduciary, and compliance frameworks.
Comply with bank regulations and policies, keep current with regulatory changes, and complete required annual or job-specific training.
Maintain working knowledge of applicable written bank policies and procedures, including those concerning the Bank Secrecy Act, Regulation CC, Regulation E, and Bank Security.
May coach, mentor, or train others and teach coursework as a subject-matter expert.
Demonstrate and foster Columbia’s corporate culture, take personal initiative, serve as a positive example, and embrace the vision to become the “Business Bank of Choice.”
May perform other duties as assigned.

Benefits

Medical insurance
Dental insurance
Vision insurance
401(k) retirement savings plan with employer match for qualifying associate contributions
Employee assistance program
Life insurance
Disability insurance
Tuition assistance
Mental health resources
Identity theft protection
Legal support
Auto and home insurance
Pet insurance
Online discount marketplace
Paid vacation
Paid sick days
Paid volunteer days
Paid holidays
Performance-based incentive compensation may be available