Sr Associate,Wealth Strategies Job Lake Forest area,Illinois USA,Finance & Banking

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure:
Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Senior

Associate, Wealth Strategies, Wealth Management

The Senior Associate role is responsible for working closely with Wealth Strategists in support of all aspects of the sales process including: COI Cultivation / Identification of potential prospects / Preparation of presentation and meeting materials including fee proposals / Coordination of the broader sales team for each new business opportunity – including Trust, Investment & Banking Partners / Preparation of new client documentation and legal agreements / Direct communication with prospective clients and their advisors / Onboarding of new clients / Maintaining the sales pipeline report / Booking new trust and investment business.

In addition to gaining expertise in the sale process, this role will allow the incumbent to develop a strong understanding and knowledge of investment management, fiduciary and financial planning matters.

Major

Job Duties

Research prospects utilizing approved tools. Prepares materials (i.e. letters, agreements, marketing updates) for prospect, COI or client meetings and presentations.

Compile reports for prospects, COI or client meetings and presentations.

Make necessary arrangements for prospect, COI or client meetings involving travel, audio-visual aides, seminar/lunch/dinner reservations, meetings, seminars, etc.

Perform special projects (i.e. coordinating reports, preparing account analysis and workflow reports) that require responding to specific account inquiries and issues.

Work with prospect database to implement proactive DRIP campaign to convert leads into prospects.

Review and organizes all asset/family information and trust documents to assess the banks appointment status, and any discrepancies between documents. Reviews all correspondence and accompanying documentation from prospects and attorneys to assimilate all possible information about new business opportunity.

Work with Wealth Strategist to maintain active prospect files and reminders to initiate calls for making forward progress.

Compose letters to prospective clients and follow up with telephone calls to arrange meetings.

Communicate with partner areas on all aspects of a prospect/client relationship and initiate activity which fulfills a partners or client needs.

Respond to individual prospects/client inquiries and respond through written correspondence or via telephone.

Develop knowledge of a full range of trust-oriented services (e.g. personal trusts, living trusts, wills, investment management, security custody, financial consulting, estate and tax planning). Attend meetings and classes to keep abreast of personal financial planning products and services.

Qualifications

Undergraduate Degree or equivalent experience Strong computer skills - PowerPoint, Word, Excel Some years of wealth management or similar experience. Basic knowledge of personal financial planning, trust and investment products and services. Organizational and personal computer skills are necessary to prepare materials for…

Sr Associate, Wealth Strategies