DIRECTOR, WEALTH ADVISOR

Cresset Capital • Dallas, TX

293d

About The Position

Cresset is seeking a Director, Wealth Advisor (DWA) to join Cresset's wealth management team. The DWA provides comprehensive support to our high-net-worth clients by working closely with experienced Wealth Advisors. At times, the DWA may serve as the primary Advisor for some relationships. A successful candidate will be able to operate both independently and collaboratively, and must be comfortable driving relationships and projects with limited direction. This role is ideal for those who wish to further their client advisory skills under the guidance and mentorship of an experienced Wealth Advisor.

Requirements

• Bachelor's Degree required; strong preference given to MBA, CFA, or CFP professionals or those on track to earn any of these designations
• 6+ years' previous work experience in financial services required
• Series 65 license required; unlicensed candidates required to obtain the license within 120 calendar days of employment

Nice To Haves

• Proficient with Microsoft Office suite; knowledge of Salesforce, Addepar, and custodial platforms is a plus

Responsibilities

• Proactively support the Wealth Advisor (WA) in relational and strategic planning for clients and prospects by providing excellent client service and maintaining a high level of client satisfaction
• Possess a strong wealth management acumen with an understanding of Cresset's investment philosophy and ongoing general market outlook, portfolio construction and management, goals-based financial planning, risk management, alongside estate, tax and philanthropic planning considerations
• Prepare client meeting materials and attend client and/or prospect meetings
• Manage completion of deliverables from start to finish with the team and/or various internal and external parties as needed
• Help build and maintain long term relationships with clients, prospects, third party service providers, and centers of influence
• Lead the production and maintenance of net worth statements, financial plans, cash flow projections, and wealth forecasting models
• Attend prospect and client meetings to gather information to create financial plans
• Review and understand estate documents (entity structures, estate plan, wills, beneficiaries, trustees) and tax returns; collaborate with other internal teams (Wealth Planning, Wealth Strategy, Tax) and external providers as needed
• Discuss core estate plan documents with clients, and their relevance to a client's unique goals and circumstances
• Remain current on wealth planning trends, legislative developments, and techniques; identify opportunities and partner with the Wealth Advisor to enhance client planning
• Drive review process for client portfolios and assist in the development, presentation, and implementation of investment recommendations to clients, including portfolio construction, proposals, rebalancing, phase-in planning, and quarterly performance reviews
• Assist with the implementation of client portfolio trades, including execution, margin maintenance, and settlement
• Develop and maintain investment policy statements (IPS)
• Coordinate with the service team to ensure tasks and requests are handled, including new client onboarding, account maintenance, new investments, redemptions, transfers, and money movement requests
• Document client notes, investment changes, and activities in Salesforce
• Review clients' quarterly performance reports and collaborate with Reporting to identify and resolve issues
• Provide oversight and development to Associate, Wealth Advisor teammates as applicable

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• 401(k) retirement plan
• Health savings accounts
• Short and long-term disability insurance
• Voluntary critical and accident insurance
• Pre-tax parking and transportation programs
• Equity in Cresset

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree