PWM Private Wealth Advisor
About The Position
U.S. Bank Private Wealth Management (PWM) assists clients in identifying and achieving their financial objectives by providing holistic advice on wealth and estate planning, investments, banking, credit, insurance, charitable giving, and fiduciary administration. PWM also offers specialized capabilities in business-sale advisory and pre-transaction planning. The Private Wealth Advisor (PWA) is responsible for identifying, closing, and deepening client relationships. This role requires the PWA to leverage their understanding of client circumstances and a broad knowledge of financial services to acquire and retain relationships. The PWA drives growth through internal and external sales and the development of new client relationships within PWM, supported by a team of specialists. As a U.S. Bank representative, the PWA also serves as a liaison for Private Wealth Management's strategic partners in the region. This position mandates National Mortgage Licensing System (NMLS) registration under the S.A.F.E. Act of 2008 and Regulation Z, which includes criminal background and credit checks. Failure to meet or maintain NMLS registration requirements may lead to rescission of the offer or termination of employment.
Requirements
- Bachelor's degree, or equivalent work experience.
- Eight or more years of experience interacting with High and Ultra High Net Worth clients.
- Established network with strong relationship management, networking, and business development skills.
- Demonstrated success in specific client segments or verticals with developed strategic partnerships.
- Experience profiling clients and formulating customized strategies to address their needs.
- Holistic approach to managing client relationships with the ability to organize and prioritize a team of specialists.
- Strong communication skills and the ability to simplify complex concepts for audiences with different levels of sophistication.
- A passion for problem-solving and acting as a strategic advisor.
- Ability to make critical decisions independently and act as a business owner.
- Ability to meet and maintain National Mortgage Licensing System (NMLS) registration requirements, including a satisfactory criminal and credit record.
Nice To Haves
- Professional designation such as CFA or CFP.
Responsibilities
- Identify, close, and deepen client relationships.
- Utilize familiarity with client circumstances and broad knowledge of investments, banking, wealth and estate planning, and trust services to frame, acquire, and retain relationships.
- Drive growth through internal and external sales and development of new client relationships within Private Wealth Management (PWM).
- Act as a conduit for Private Wealth Management's strategic partners in the region.
- Maintain National Mortgage Licensing System (NMLS) registration, including a satisfactory criminal and credit record.
Benefits
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
- Incentive and recognition programs
- Equity stock purchase
- Pension
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Number of Employees
5,001-10,000 employees
