Private Wealth Advisor - Entry Level - On-site

The Private Wealth Advisor’s (PWA) primary responsibility is to serve as personal relationship manager to Busey Wealth Management clients. The Advisor will engage in proactive and ongoing communication with clients to build and maintain relationships and to develop a deep understanding of clients’ unique goals and objectives.

Compensation and Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $80,000 - $120,000)

The Private Wealth Advisor will manage and develop a designated book of Wealth Management Clients, ranging from high-net-worth individuals and families to institutional clients such as foundations and endowments. The Private Wealth Advisor will work with and coordinate the efforts of our experienced Investment Team, Financial Planning and Tax Specialists, Estate Planning, Portfolio Management, and Private Client banking services to create comprehensive financial strategies and solutions to help clients achieve their desired objectives over their lifetime.

The Advisor will actively pursue opportunities to acquire new business – both in securing additional assets from existing clients as well as seeking new high-net-worth client opportunities. Client accounts will be monitored and serviced daily to ensure smooth operations and adherence to firm policies and procedures through the following

• Act as the primary relationship manager for a book of clients.
• Frequently meet with clients; formulate the appropriate actions necessary to help the client and enhance their relationship with Busey.
• Actively drive new sales opportunities.
• Attend discovery/needs-based sales training.
• Serve as resource for the team and act as a project leader from time to time.
• Administer accounts in a manner that ensures smooth operational compliance with relevant governing instruments, legal requirements, and business line policies and procedures yet ensures a high level of client service.
• Complete mandatory account reviews for the assigned accounts.
• Actively make client recommendations consistent with the client’s financial plan and Investment Policy Statement.
• Meet and communicate with clients, including a review of the client’s investment strategy and financial plan, on a regular basis.
• Provide high level service to clients, beneficiaries, advisors, and other related parties to assigned accounts.
• Escalate issues to the appropriate parties.

Knowledge of:

• Strong oral and written communication skills
• Strong sales and client service skills
• Wealth Management Services including Investments, financial planning, banking and trust concepts including asset allocation, and basic trust and estate procedures
• A fiduciary approach to managing client relationships

Ability to:

• Develop and manage client relationships at an advanced level
• Respond timely to client needs and requests
• Partner with other associates on the team in a collaborative and client-focused manner
• Understand and think strategically about each client’s financial planning
• Analyze and interpret numerical data
• Analyze and solve problems that frequently involve decisions based on a wide knowledge of many factors where application of advanced technical concepts is predominantly required
• Analyze and interpret general business periodicals, professional journals, technical procedures, and governmental regulations

Education and Training:

• Requires Bachelor’s degree in Business or Finance or commensurate wealth management or financial services experience with high net worth clients
• Certified Financial Planner designation is preferred
• Must be in good standing with First Busey Corporation continuing education.
• On-going development and broadening of appropriate knowledge and skills; additional education will need to be successfully completed.
• Requires knowledge of standard business systems, including but not limited to, Trust Accounting systems, Microsoft Office Suite

* This opportunity and direct referral are intended for Evans Scholars and Alumni.

Apply through Busey Bank's
online application . Once you apply, click
HERE to email your resume and interest in the position to
Griffin Miller
(Busey Bank Recruiting Specialist II). To provide additional support,
Dan Puglisi
(ESF Sr. Director, Career Services) is copied on the email.