J.P. Morgan Wealth Management - Executive Director, Advanced Planner Wealth Advisor

JPMorganChase•San Francisco, CA

25d

About The Position

J.P. Morgan Wealth Management’s Wealth Planning & Advice group provides expertise in trusts and estates, tax planning, financial planning, and related areas for individuals and their entities. The group works with advisors and clients to explain wealth-planning opportunities ranging from basic strategies such as asset titling and beneficiary designations to complex strategies such as GRATs and split-interest trusts. It provides planning expertise across the wealth continuum and works directly with clients when appropriate. The Executive Director, Wealth Planner uses deep knowledge of tax and trust-and-estate laws to explain complex subjects in clear, non-technical terms to clients, advisors, and field leadership. The role takes a goal-oriented approach to client engagement and requires familiarity with the investment, banking, and lending products and platforms available to advisors, enabling the planner to identify client needs and opportunities. The planner also collaborates with field management on regional strategies and their execution. Familiarity with entity taxation, securities-based compensation, pre-liquidity planning, and concentrated-position management is useful; some of these areas are identified as pluses rather than requirements. The position may require travel to local and out-of-state branches as needed.

Requirements

Four-year college degree and either a J.D., LL.B., CPA, or CFP.
At least 7 years of practice as a trusts-and-estates lawyer, tax advisor, or financial planner.
Knowledge of issues relating to securities-based compensation, including restricted stock, employee stock options, and performance share units; pre-liquidity planning; and concentrated-position management, such as 10b5-1 plans, derivative-based transactions, and exchange funds.
Comfort working with individuals across the wealth spectrum and experience with tax and wealth-transfer strategies.
Familiarity with financial planning, investments, and corporate executive issues.
Ability to drive business results with a broad background in trust-and-estate planning issues.
Self-motivation and ability to work closely with advisors without daily contact with a direct manager.
Strong presentation skills for one-on-one and group meetings.
Ability to understand clients’ financial situations and personal circumstances.
Ability to coach colleagues, Financial Advisors, and clients, with strong partnership skills.
High ethical standards and commitment to acting in clients’ best interests without sacrificing integrity.
Series 7 and 66 licenses; may be fulfilled within four months of assuming the role.

Nice To Haves

Familiarity with financial planning, investments, corporate executive issues, and concentrated-stock management.
Knowledge of 10b5-1 plans, derivative-based transactions, exchange funds, and concentrated-stock management.
Experience with financial-planning software.
Familiarity with taxation of entities and of estates and trusts.

Responsibilities

Work with divisional and Wealth Planning & Advice leadership to develop and present content on wealth-management topics.
Serve as a resource to the J.P. Morgan Wealth Management field on tax and trust-and-estate planning strategies, concentrated-position management, corporate executive services, and pre-liquidity transaction planning.
Partner with field leadership and Practice Management to integrate estate and tax-planning concepts into goals-based advice.
Maintain current knowledge of relevant federal and state tax laws.
Promote J.P. Morgan’s knowledge and sophistication to outside centers of influence, primarily accountants and attorneys.
Work with advisors to develop business opportunities with new and existing clients.
Provide unbiased, comprehensive, customized wealth-planning advice to clients and prospective clients.
Work with individuals across the wealth spectrum and apply tax and wealth-transfer strategies.
Participate in team discussions and proactively propose planning ideas and industry trends to share with the field.
Travel to local and out-of-state branches as needed.