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. As an integral member of the Private Client Services (PCS) team, the Senior Trust, Estate & Fiduciary Strategist will leverage their legal background as a trust and estate planning attorney in an in-house, non-practicing role. This position supports clients' needs through extensive collaboration with PCS clients/prospects, their 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.
Excellent time management and communication skills, with the ability to balance multiple matters and provide timely responses.
Excellent communication skills, including strong written, verbal, and listening skills.
Analytical skills and strong technical skills with attention to detail.
Ability to build rapport with clients and forge relationships based on mutual respect, loyalty, and trust.
A client-centric approach, functioning as a solution-oriented problem solver and team player.
Strong tax/trust research and writing skills.
Strong public presentation skills.

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 the 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.

Responsibilities

Provide thoughtful, well-reasoned planning solutions for PCS clients, supporting the nationwide distribution team, client service teams, and wealth advisory group.
Participate in virtual and in-person meetings with PCS clients, prospects, and their investment, tax, and legal advisors to offer a wide range of investment, financial, tax, estate, and charitable planning solutions.
Review and summarize estate planning documents for PCS clients and prospects, which may involve verbal discussions, drafting comments, summary memos, or flowcharts.
Identify potential issues and opportunities for clients concerning estate planning and transfer tax matters.
Act as a resource for miscellaneous questions from internal partners, clients, and clients’ external advisors regarding clients’ estate planning.
Serve as an officer in the trust company, Capital Bank and Trust Company, and partner with Trust Officers on new trustee appointment opportunities, ongoing trust administration, and post-mortem trust and estate administration.
Review trust documents in relation to assets proposed to be held in a fiduciary capacity.
Collaborate with internal colleagues and external advisors to understand fiduciary procedures, resolve fiduciary issues, and address 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 preparation and strategy, and identifying estate planning issues and opportunities.
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 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 enhance professional knowledge, cultivate external professional relationships, and grow Capital Group PCS’ position as a thought-leader.
Publish articles in professional journals as appropriate.
Stay updated on practice area developments and trends by 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.

Benefits

Competitive salary
Bonuses
Health benefits from day one
Generous time-away
Flexible work options
2-for-1 matching gifts for charitable contributions
Opportunity for annual grants for charitable organizations
On-demand professional development resources
Company-funded retirement contribution (factors in salary and variable pay, including bonuses)
Individual annual performance bonus
Capital's annual profitability bonus
Retirement plan where Capital contributes 15% of eligible earnings