Wealth Advisor

Description

Job Summary

The Wealth Advisor builds and maintains strong relationships with high-net-worth clients and their families through comprehensive financial planning, progressive investment strategies, and personalized service. This role analyzes each client’s financial circumstances and goals, recommends appropriate financial products and strategies, and conducts ongoing account reviews. The Wealth Advisor also drives practice and program growth through business development, community visibility, and collaboration with credit union leaders.

The Wealth Advisor reports to the Program Manager.

About UFCU

Our Credit Union was founded in 1936 and has grown to serve members throughout Texas and beyond. At UFCU, we are more than just a financial institution, and our people are more than just employees. We are dedicated to our purpose of empowering our Members to achieve financial success and build brighter futures.

In pursuit of our aspiration that UFCU is loved by millions of Members and built to thrive for generations, we are guided by our values:

Purposefully Member-Obsessed

We are driven by a profound sense of empathy to deeply understand our Members’ needs and preferences, what brighter futures means to them, and the obstacles in their way. We act in our Members’ best interests, forever seeking to empower their financial success.

Possibilities Reimagined

We are inspired to courageously experiment, learn, and iterate in pursuit of positive impact for our Members, UFCU, and coworkers. We challenge assumptions, embrace diverse perspectives, and make use of data and insights.

Performance Excellence Rooted in Unwavering Integrity

We do the right thing, always. We champion teamwork, accountability, continuous improvement, and celebrate successful outcomes of others, fostering an inclusive environment of excellence and collaboration.

Essential Functions

Client Relationship Management and Service

• Engages existing clients to deepen and maintain relationships and position the financial institution as the client’s primary provider for investment, banking, and borrowing needs.
• Develops relationships with clients’ families and beneficiaries, as appropriate, to support continuity of accounts and relationships as assets transfer between generations.
• Conducts periodic account reviews and meets with clients at least annually, or more frequently based on client needs, to update financial information and evaluate progress toward established objectives and goals.
• Collects client financial information in person or through approved remote channels, including assets, income, liabilities, cash flow, tax status, investment objectives, and goals.

Financial Planning and Investment Advice

• Analyzes client financial information, objectives, and goals to determine which financial products and strategies best align with individual needs and circumstances.
• Compares investment options, identifies potential investments and strategies, and evaluates market conditions and transaction timing for clients.
• Advises clients on the advantages and disadvantages of financial products and explains relevant investment, tax, and securities considerations.
• Executes purchases and sales of financial products resulting from financial advice and follows through on established activity, production, and sales goals.

Practice and Program Growth

• Collaborates with credit union executives, the Program Manager, and Financial Center Managers to implement business development initiatives and identify cross-sell opportunities.
• Develops and updates a business plan with the Program Manager and maintains consistent office hours.
• Maintains visibility with appropriate public audiences to attract and retain clients, including conducting educational workshops and…