PWM Wealth Strategist

U.S. Bank•Minneapolis, MN

9d•$159,970 - $188,200

About The Position

The PWM Wealth Strategist works with Private Wealth Advisors to develop and bring new client relationships, generally involving clients with more than $10 million in net worth, into Private Wealth Management. The role supports client discovery and works with wealth management specialists to deepen and broaden existing client relationships. In partnership with the relationship team, the strategist addresses clients’ wealth planning, estate planning, and wealth transfer needs. The strategist serves as a subject matter expert in estate and income tax planning, protection planning, business succession planning, philanthropic strategies, and trust and fiduciary advice. The role applies knowledge of U.S. Bank wealth products, including fiduciary products, to identify and implement strategies in coordination with clients’ internal and external advisors. It also focuses on growing the PWM business in an assigned market by leveraging a professional network in the local or regional market.

Requirements

Bachelor’s degree or equivalent work experience.
Typically at least 10 years of wealth planning experience with high- or ultra-high-net-worth clients.
Broad knowledge of fiduciary, tax, or estate planning products, services, and strategies.
Experience drafting or reviewing estate or business documents.
Strong sales and business development acumen.
Considerable tact, diplomacy, and people skills.
Effective verbal and written communication skills.

Nice To Haves

JD, CPA, CTFA, CFP, and/or an advanced degree.

Responsibilities

Work with Private Wealth Advisors to develop and bring new client relationships, generally with net worth above $10 million, into Private Wealth Management.
Assist with client discovery and collaborate with wealth management specialists to deepen and broaden existing client relationships.
Work with relationship team members to meet clients’ wealth planning, estate planning, and wealth transfer needs.
Serve as a subject matter expert in estate and income tax planning, protection planning, business succession planning, philanthropic strategies, and trust and fiduciary advice.
Use knowledge of U.S. Bank wealth products, including fiduciary products, to identify and implement strategies with clients’ internal and external advisors.
Grow the PWM business within an assigned market by leveraging a local or regional professional network.

Benefits

Healthcare coverage, including medical, dental, and vision.
Basic term and optional term life insurance.
Short-term and long-term disability coverage.
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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase, 401(k) contribution, and pension, subject to eligibility requirements.