Wealth Advisor II

Canandaigua National Bank & Trust Co•Sarasota, FL

7d•Hybrid

About The Position

The Wealth Advisor II provides investment management and financial services to customers of Canandaigua National Trust Company of Florida (CNTF). The role explains CNTF’s investment philosophy to prospective and current clients and referral sources, delivers excellent customer service, works toward goals in the annual operating plan, follows established investment-services procedures, communicates with relevant personnel, responds to inquiries, and maintains records and assigned reports. The advisor develops and maintains client relationships, provides financial planning and investment solutions, and reviews clients’ financial situations and plans with them. The advisor communicates account activity and investment strategies in a manner suited to each client, monitors account cash and investments in light of objectives and beneficiary needs, reviews portfolios, recommends changes, prepares Investment Policy Statements, and executes and monitors investment transactions. The role includes completing annual Regulation 9 compliance reviews; researching securities and recommending ways to meet account objectives; staying aware of legal and tax requirements that affect investments; preparing account, investment, financial-planning, tax, regulatory, and other required records and reports; and pursuing annual business, revenue, retention, compliance-reporting, and referral goals. The advisor also supports regulatory compliance, risk management, and workplace policies, responds to inquiries within established time frames, and provides mentoring and on-the-job training to junior investment officers and others as needed. The position is based in Sarasota, Florida, with a hybrid schedule requiring four days per week in the office. The listed compensation range is $110,000–$130,000, with the actual offer depending on factors including experience, qualifications, skills, level, and performance expectations.

Requirements

A bachelor’s degree in a field related to banking, or equivalent; a combination of education and work experience will be considered.
At least seven years of experience in related positions.
Ability to provide investment management and financial services and communicate investment strategies to clients.
Ability to research and review investment securities and prepare investment, account, and financial-planning documentation and reports.
Ability to comply with applicable laws, regulatory requirements, and organizational policies and procedures.

Nice To Haves

MBA preferred.
Certified Financial Planner (CFP) designation preferred.
Specialized wealth-management education or training, such as Chartered Financial Analyst or Chartered Mutual Fund Counselor, or similar further education, preferred.
Banking or financial-services experience preferred.

Responsibilities

Provide investment management and financial services to CNTF customers and explain CNTF’s investment philosophy to prospective and current clients and referral sources.
Nurture client relationships and provide financial planning and investment solutions that address client needs.
Meet with clients to review their financial situations and plans, involving other CNC specialists and trusted advisors when needed.
Communicate account activity, investment strategies, market and economic conditions, and educational guidance in a manner suited to each client; document communications.
Monitor account cash and investments in view of account objectives, beneficiary needs, and tax and distribution cash requirements.
Review portfolios regularly and recommend appropriate changes to clients.
Prepare and document Investment Policy Statements.
Initiate and follow through on buy and sell orders, and monitor uninvested cash for investment opportunities when appropriate.
Complete annual Regulation 9 compliance reviews on time.
Research and review stocks, bonds, and other investment securities, and make recommendations for meeting account objectives.
Maintain awareness of legal and tax requirements affecting account investments, including risk-reducing strategies such as diversification and asset allocation.
Prepare and maintain documentation, status records, and reports on investments, accounts, and financial-planning activities, including required tax, regulatory, and governmental forms.
Pursue annual operating-plan goals, including new business development, revenue growth, asset retention, compliance reporting, and line-of-business referrals.
Follow applicable laws, organizational policies, operating procedures, controls, and regulatory requirements; support risk management and the Bank’s safety and soundness.
Communicate with management and staff to integrate goals and activities, and respond to inquiries from Bank personnel, customers, and others within established time frames and policies.
Maintain appropriate records and provide assigned reports, including sales reports.
Provide mentoring, on-the-job training, and guidance to junior investment officers and others as needed.
Perform supportive tasks related to the essential functions of the job as circumstances require.