What are the responsibilities and job description for the Financial Planning Associate position at Beverly Hills Private Wealth?
Beverly Hills Private Wealth is an SEC registered investment advisory firm located in Beverly Hills, CA. We are a wirehouse breakaway thrilled to be building our team in our own completely independent business. We are two and a half years into this venture and growing rapidly. Our team consists of three advisors / partners, a junior advisor, four client relationship managers, a Chief Investment Officer, and an office operations associate. Our clients are ultra-high net worth individuals, families, and business owners who rely on our knowledge and white-glove service to support their daily needs. We are fast-paced and hardworking but share keen senses of humor and genuinely enjoy each other’s company in and out of the office. We plan multiple team outings each year to show our appreciation and encourage work / life balance.
The Financial Planning Associate is responsible for preparing financial plans and review packages for prospects and existing clients. You will work directly with advisors and own the planning process from discovery to implementation, and updating plans as needed. You will also have the opportunity to work directly with and / or own Next Generation client relationships, depending on your experience. In this role, you will interact daily with both relationship managers and advisors to provide exceptional client service. You will report directly to our advisors / co-founders.
This role does NOT have business development expectations, and your income is NOT dependent on incentive compensation.
The Role :
- Utilize eMoney to create in-depth financial plans and analyze various outcomes, working directly with a senior advisor.
- Work with the advisor to create clear and actionable plans based on your analysis to set a client up for success.
- Generate custom reporting for clients as needed.
- Advise Next Generation clients in areas like building savings, paying off debt, family planning, home purchase aspirations, student loan repayment, and more.
- Source and share pertinent information with the team, like upcoming changes to RMD rules, taxes, gifting, or other items that impact the daily functions of our team.
- Collaborate with our Relationship Managers on specific items needed for meeting preparation, like if an account needs a new document signed or updated.
- Interact with clients and prospects through phone calls, online video meetings and in-person.
- Efficiently respond to client requests
- Provide exceptional client service by active listening and on-the-go problem solving.
- Assist as needed with miscellaneous projects like investment proposals, strategy implementation, trading, etc.
Skill & Required Qualifications :
What We Offer :
Salary : $120,000
