Wealth Planning Associate

RBC • Boston, MA

2d • Onsite

About The Position

The Wealth Planning Associate role is part of a 24-month development program at RBC Wealth Management, designed to prepare individuals for a career as a Financial Advisor. This position involves building technical expertise in financial planning while working as a paraplanner under experienced professionals. The associate will support Financial Advisors and client teams in delivering holistic wealth advice covering retirement planning, investment strategy, estate planning, tax considerations, education funding, insurance, and risk management. The first year focuses on developing planning expertise, mastering specific tools and methodologies, supporting local advisors, and completing licensing. The second year allows exploration of teaming opportunities nationwide as a "free agent" to find a suitable long-term fit. Upon successful program completion, the associate transitions to a Financial Advisor team. This role is client-facing but not a traditional sales role during the program, with no business development expectations. It is ideal for individuals eager to learn, detail-oriented, service-minded, and committed to becoming a Financial Advisor.

Requirements

• Four-year degree in business, finance, economics, personal financial planning, or a similarly relevant field
• Series 7 and Series 66 licenses, or Series 7 and Series 63/65, or willingness to obtain required licenses within six months of hire
• Accredited wealth planning designation, CFP® preferred; CFA, CPA, or AWM also considered, or commitment to obtain within two years
• Strong critical thinking, analytical, and problem-solving skills
• Exceptional attention to detail and commitment to accuracy
• Excellent written, verbal, listening, and presentation skills
• Professional demeanor and strong client-service orientation
• Strong organizational, prioritization, and project management skills
• Ability to manage multiple priorities in a fast-paced environment
• Ability to work both independently and as part of a collaborative team
• Proficiency in Microsoft Office, including Word, Excel, PowerPoint, and Outlook
• Ability to travel approximately 25% to 50% as needed

Nice To Haves

• Two or more years of financial planning, wealth management, or related financial services experience
• Experience using MoneyGuidePro or similar financial planning software
• Demonstrated understanding of financial planning concepts, processes, and client-service best practices
• Experience preparing financial analyses, client presentations, or planning-related deliverables
• Strong comfort learning and adapting to multiple technology platforms

Responsibilities

• Preparing for client meetings, including meeting agendas, investment policy statements, asset allocation materials, and planning-related documents
• Supporting post-meeting follow-up, including meeting notes, financial situation analyses, and coordination of planning implementation
• Gathering and organizing client information using RBC’s data-gathering and planning technology
• Inputting, reconciling, and analyzing client data relevant to the financial planning process
• Preparing financial analyses for clients and prospects, including retirement, estate planning, education funding, stock option, insurance, and risk management needs
• Building and presenting financial plans to Financial Advisors and clients using MoneyGuidePro
• Supporting clients in maintaining and using their online client portals
• Participating in financial planning projects and initiatives as needed by the Wealth Planning team
• Delivering consistent, high-quality client service with a strong focus on accuracy, follow-through, and professionalism
• Mastering MoneyGuidePro and RBC’s wealth planning process through proprietary training, e-learning, case studies, virtual group work, and hands-on instruction
• Learning RBC’s product and service offerings, planning resources, and related tools
• Supporting Financial Advisors within your local Complex and assigned territory
• Obtaining or maintaining your Series 7 and Series 66 licenses, if not already held
• Beginning or continuing work toward an accredited wealth planning designation, with CFP® preferred; CFA, CPA, or AWM also considered
• Participating in intensive week-long, on-site training in Minneapolis, MN alongside WPA cohort peers and junior Financial Advisors from across the country
• Completing credential coursework and a capstone project
• Building confidence in client-facing planning conversations under the guidance of experienced advisors and planning professionals
• Exploring teaming opportunities with Financial Advisor teams across the country
• Identifying a partnership that aligns with your strengths, goals, working style, and long-term career interests
• Continue progressing toward your planning credential or certification
• Deepen your understanding of client relationships, team dynamics, and business growth
• Prepare for your transition from Wealth Planning Associate to Financial Advisor

Benefits

• competitive compensation
• bonuses
• flexible benefits
• future commission opportunities

What This Job Offers

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