Senior Trust, Estate & Fiduciary Strategist

Capital Group•New York, NY

1d•$174,000 - $261,000•Hybrid

About The Position

Capital Group’s Private Client Services business, founded 50 years ago as a family office for Capital Group’s senior executives and their families, has expanded into a full-service registered investment advisor and trust company. It offers comprehensive wealth management and oversees approximately $35 billion in assets for high-net-worth individuals, trusts, foundations, and endowments. This role is an in-house, non-practicing attorney position that leverages a legal background in trust and estate planning. The Senior Trust, Estate & Fiduciary Strategist will support clients by collaborating with clients/prospects, external advisors, and internal tax, legal, trust, and wealth advisory teams. While not drafting estate planning documents, experience in drafting and implementing tax and wealth transfer planning solutions for high-net-worth clients is essential.

Requirements

7+ years of trusts and estates law practice in a law firm, or similar in-house experience at a wealth manager.
J.D. with active membership and good standing in a State Bar Association.

Nice To Haves

LL.M. in taxation and/or State Bar-sponsored Certified Specialization.
Post-mortem trust and estate administration or related litigation experience.
Knowledge and understanding of capital markets.
Knowledge of financial industry, investment recommendations and strategies, fiduciary practices, and the investment advisory and wealth planning business.
Knowledge of accounting and/or experience working with business founders.
Excellent time management and communication skills.
Strong written, verbal and listening skills.
Analytical skills and strong technical skills along with attention to detail.
Ability to build rapport with clients and forge relationships with others inside and outside Capital Group that are based on mutual respect, loyalty and trust.
A client-centric approach, as a solution-oriented problem solver and team player.
Strong tax/trust research and writing skills.
Strong public presentation skills.

Responsibilities

Support nationwide distribution team, client service teams and wealth advisory group by providing thoughtful, well-reasoned planning solutions for PCS clients.
Participate in virtual and in-person meetings with PCS clients and prospects, and their investment, tax, and legal advisors, to provide a wide-range of investment, financial, tax, estate and charitable planning solutions.
Review and summarize estate planning documents for the clients and prospects of PCS, which may include verbal discussion, drafting of comments, summary memos or flowcharts.
Identify potential issues and opportunities for clients in estate planning and transfer tax issues.
Be a resource for miscellaneous questions from internal partners, clients, and clients’ external advisors regarding clients’ estate planning.
Serve as an officer in our trust company, Capital Bank and Trust Company, and partner with our Trust Officers on new trustee appointment opportunities, ongoing trust administration and post-mortem trust and estate administration.
Review trust documents in light of their application to assets proposed to be held in a fiduciary capacity.
Partner with internal colleagues and external advisors to understand fiduciary procedures, resolve fiduciary issues and client situations.
Serve on trust company-related committees.
Find and/or supervise and interact with outside counsel to the trust company as needed.
Serve as an internal resource on state-specific laws and procedures.
Collaborate with internal teams to support new business development, including meeting prep and strategy, identifying issues and opportunities in the realm of estate planning.
Attend prospect meetings virtually or in-person as needed.
Cultivate relationships with external professionals to support business development and client referral needs.
Participate in external speaking opportunities when appropriate to promote Capital Group PCS’ comprehensive wealth planning and trustee services.
Assist with the development of marketing materials, sales literature, and training curriculum.
Participate in Bar Association and other practice-area organizations and events to maintain and add to professional knowledge, cultivate external professional relationships, and maintain and grow Capital Group PCS’ position as a thought-leader.
Publish articles in professional journals as appropriate.
Remain updated on practice area developments and trends by routinely attending seminars, meetings and regularly reading relevant news and publications.
Travel to client and prospect meetings, department retreats, speaking opportunities and industry conferences as needed.