Wealth Advisor Associate

Truist • Chicago, IL

3d • $100,000 - $115,000

About The Position

The Wealth Advisor Associate works with two or more Wealth Advisors to help deliver advice and solutions to high-net-worth clients, identify prospects, and develop new business. The role serves clients with assets under management at various levels, including $1 million+, $5 million+, and $20 million+, and may support some of Truist’s most complex relationships. Associates support a select geography and are expected to progress to a Wealth Advisor role managing a book of business after 18 to 24 successful months.

The associate partners with Wealth Advisor teammates to coordinate comprehensive wealth management advice and provide an integrated range of products and services to affluent and high-net-worth individuals. The position involves prospecting, business development, client relationship support, and collaboration with internal and external partners. It also requires keeping current with relevant market and planning developments, maintaining regulatory and compliance controls, and completing required training.

Requirements

• Bachelor’s degree with an overall minimum GPA of 3.0.
• Strong networking, business development, and relationship-building skills.
• Strong work ethic and drive to succeed; competitive, self-motivated, and results-oriented.
• Excellent verbal, written, and presentation skills.
• Successfully obtain and maintain required licenses during the program, including SIE, Series 7, Series 63, Series 65, and Life, Health, and Variable insurance licenses.
• Maintain required FINRA licenses and registrations, including Series 7, Series 66, and SIE as applicable; transfer required registrations and licenses within 60 days or acquire them within 100 days of starting, and meet applicable continuing education requirements.
• Ability to thrive and actively participate on a team.
• Demonstrated proficiency with basic computer applications, such as Microsoft Office products.
• Meet SAFE Mortgage Licensing Act requirements within 30 days of employment, including applicable registration and background check.

Nice To Haves

• Bachelor’s degree in Business, Finance, or Economics.

Responsibilities

• Assist multiple Wealth Advisors in a select geography; identify prospects, develop pitch books, and deepen client relationships through needs-based service and delivery of Truist Wealth solutions.
• Coordinate comprehensive wealth management advice and solutions with Wealth Advisor teammates, using financial planning and advisory concepts to support an integrated range of products and services.
• Identify prospects and support business development efforts with internal and external partners.
• Participate in a One Team approach to deliver the full suite of Truist Wealth solutions.
• Act as a culture champion aligned with Truist’s Purpose, Mission, and Values.
• Establish and maintain mutually beneficial relationships with internal and external centers of influence, including Truist teams, regional leaders, advisory board members, CPAs, attorneys, civic associations, and other organizations.
• Stay current on economic, legal, financial planning, investment, market, and business developments affecting affluent clients; serve as a financial planning and advisory resource for clients, attorneys, and CPAs.
• Maintain appropriate legal, operating, audit, regulatory, compliance, and risk controls to support a high-quality, compliant portfolio and business practices.
• Use sound judgment regarding expenses and operational efficiency.
• Participate in and complete required in-person, online, and virtual training.
• Progress to a Wealth Advisor role managing a book of business after 18 to 24 successful months in the associate role.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Accidental death and dismemberment coverage
• Tax-preferred savings accounts
• 401(k) plan
• At least 10 days of vacation during the first year, prorated as applicable
• 10 sick days, prorated as applicable
• Paid holidays
• Depending on position and division, may be eligible for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level