Family Wealth Analyst

Pitcairn Trust Company, LLC

7h

About The Position

Pitcairn’s innovative Shared Single-Family Office™ model provides unparalleled service to wealthy families and other family offices. Since the firm’s founding in 1923, Pitcairn has helped ultra-high-net-worth families and its members navigate the individual, interpersonal, and institutional challenges that come with wealth. Our comprehensive family office services include investment advisory, tax, trust and estate planning, risk management, philanthropy, household-level financial services as well as family education and family governance support. The Family Wealth Analyst will participate as a member of a client segment group to support Relationship Managers in all aspects of the financial planning process for ultra-high net worth client families and single-family office clients.

Requirements

• Bachelor’s Degree in Accounting, Finance, Economics, or other Social Sciences field with a minimum of 2 years of experience in a client-focused professional services organization.
• Excellent computer skills (Microsoft Word, outlook, Excel, Power-Point) and familiarity with financial analysis applications.

Nice To Haves

• Strong interpersonal skills with excellent written and verbal communication.
• Clear potential to develop business acumen, including strong quantitative/qualitative analytical skills.
• Curiosity that lends itself to strategic thinking and creative problem solving.
• Self-motivated with a sense of curiosity, urgency, and accountability.
• Ability to influence and establish credibility, trust, and confidence with a range of clients/colleagues.
• Ability to work both as an individual and as a collaborative member of the team.
• Desire to obtain the CERTIFIED FINANCIAL PLANNER™ (CFP®) designation.

Responsibilities

• Assist Relationship Managers with comprehensive financial planning, including but not limited to: Financial – Prepare cash flow reports, balance sheets, and net worth statements; analyze the impact of various financial market return assumptions and spending rates on wealth projections.
• Investments – Implement and monitor client’s asset allocation; perform trading and rebalancing analysis; initiate transactions for mutual funds, ETFs, and separately managed accounts, tax-loss harvesting and portfolio monitoring to meet cash needs.
• Tax – Coordinate the collection of income tax information, calculation and payment of taxes, and client requests for tax projections.
• Insurance – Examination of insurance needs (life, property & casualty, long-term care, excess liability, etc.) and coordination of implementation with the Family Office Insurance Administrator.
• Create reports and other client deliverables. Collaborate with Relationship Managers to generate custom content to meet the needs of complex client families.
• Review client fee calculations for accuracy and obtain the necessary approvals for asset specific fee exceptions.
• Ensure annual compliance review requirements are met for all accounts.
• Perform other duties as assigned for the efficient operation of the department.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 11-50 employees