Wealth Planning Analyst, HNW Planning

Northwestern Mutual • Milwaukee, WI

5d • $118,960 - $178,440

About The Position

The Wealth Planning Analyst will be a dedicated resource and member of Strategic Planning Strategies’ client-facing Sophisticated Planning Strategies team, supporting subscribers and their high-net-worth clients. In a specialist capacity, the analyst applies advanced planning knowledge in the ultra-high-net-worth and high-net-worth space, including expertise in advanced insurance planning, to provide customized financial planning and insurance strategies to advisors, prospects, and clients.

The role supports expanded insurance services and evaluates and integrates sophisticated insurance solutions into clients’ broader estate, tax, business succession, executive compensation, and wealth planning objectives. The analyst collaborates with financial professionals, including attorneys and CPAs, to address complex client needs. Success requires consultative and communication skills, advanced high-net-worth and insurance planning expertise, and the ability to work effectively in a team.

Requirements

• Bachelor’s degree; a degree in Business, Financial Planning, Finance, Economics, or Accounting is preferred.
• At least eight years of financial planning experience.
• CERTIFIED FINANCIAL PLANNER™ designation required.
• FINRA Series 6 or Series 7 required, or must be obtained within the first 180 days of hire.
• State of residence insurance license required, or must be obtained within the first 180 days of hire.
• Proven experience developing comprehensive financial plans and presenting tailored recommendations to clients.
• Strong knowledge of life insurance products and advanced insurance planning solutions, including how they integrate with high-net-worth estate, tax, business succession, executive compensation, and wealth transfer objectives.
• Advanced planning knowledge across tax optimization, estate and legacy planning, business succession and exit planning, and insurance-based planning for high-net-worth and ultra-high-net-worth clients.
• Strong consultative, communication, and analytical skills.
• Ability to collaborate effectively with colleagues, clients, and stakeholders from varied backgrounds and with different communication styles.
• Outstanding written and verbal communication skills and a client-oriented approach to explaining complex financial concepts to clients with varying levels of financial literacy.
• Proven ability to develop trusting relationships with financial advisors and colleagues.
• Team-player and growth mindset.
• Position is classified as a Registered Representative under NMIS guidelines and requires fingerprinting.

Nice To Haves

• High-net-worth planning knowledge and experience.
• Knowledge of Northwestern Mutual products.
• Advanced skills with financial planning software and/or Excel.
• Willingness to continue deepening expertise as Sophisticated Planning Strategies expands its insurance services.

Responsibilities

• Collaborate with team members and Private Client Group advisors to build financial plans emphasizing estate planning, business succession, tax optimization, executive compensation, risk mitigation, and advanced insurance planning.
• Provide in-depth case consultation, review legal, tax, financial, and insurance documentation, and design integrated strategies.
• Analyze clients’ current financial situations and model recommended advanced planning concepts, including sophisticated life insurance strategies, using internal and external software.
• Present strategies and solutions to advisors and clients, using influencing skills to support client decision-making and implementation.
• Build and leverage relationships with internal stakeholders to address unique client circumstances and ensure timely delivery of financial recommendations.
• Demonstrate empathy and emotional intelligence in understanding and addressing client concerns.
• Respond to client inquiries and issues in a timely manner and support client satisfaction.

What This Job Offers

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