What are the responsibilities and job description for the WEALTH ADVISOR position at Careers at Stock Yards Bank & Trust Co.?
As a Wealth Advisor, your day will be filled with opportunities to serve as the primary point of contact and trusted advisor for high net worth clients, build, solidify and expand client relationships, strategize and assist with the resolution of complex issues, and implement wealth management strategies in collaboration with the client’s other advisors (such as attorneys and accountants). A high level of trust administration policies and procedures along with estate planning is important while Stock Yards Bank will provide a professional environment to continually improve the candidate’s skills and to further his/her career goals for advancement within the banking profession. Our past accomplishments and continued future successes are directly attributed to the individual success of our employees.
Responsibilities
Daily responsibilities and essential duties include, but are not limited to, the following:
- Develop an intimate knowledge of the client’s entire financial and family situation. Establish a level of trust and confidence with the client so that any financial issues can be addressed and solutions offered.
- Partner with internal and external resources to meet estate and financial planning goals of current clients through holistic wealth management strategies.
- Ability to understand, apply and communicate estate and financial planning concepts to clients, while managing multifaceted accounts.
- Review and assist with the development of tax, estate and financial analyses and plans. Collaborate with other planning resources on specific subject matters and partners in the acquisition of new clients.
- Attract and retain high net worth clients through existing customer base, Centers of Influence, prospecting and referrals.
- Collaborate with other professional advisors of client to support overall planning needs
Job Requirements
The successful candidate will have the following qualifications and/or skills:
- Undergraduate degree is required; a JD, CFP, CTFA or CPA designation is preferred. Higher level education such as a Master’s degree, PHD, or certifications is desirable. In lieu of a degree, a comparable combination of education and experience may be considered.
- 3 or more years of experience required in similar or related field.
- Generates productive relationships with internal and external partners that improve access to resources and expertise
- Knowledge and ability to determine and satisfy client needs and maintain a partnering relationship.
- Understanding of the issues related to the decision making process; ability to analyze situations fully and accurately, and reach productive decisions.
- Knowledge of approaches, tools, techniques for recognizing, anticipating and resolving organizational, operational or process problems; ability to apply this knowledge appropriately to diverse situations.
- Excellent written and oral communication skills
- Strong organizational skills with attention to detail
- Demonstrate team player attitude and mentality
- Proven business development skills
- Highly motivated, self-starter with the ability to multi-task
- Professional appearance and demeanor
Benefits
- 401(k) with a company match of up to 6%
- ESOP employer match
- Medical insurance
- Dental insurance
- Vision insurance
- Cancer / Disease insurance
- Accident insurance
- Flexible Spending Accounts
- Health Savings Accounts
- Bank paid Life / AD& D insurance
- Voluntary Life / AD&D insurance
- Bank paid Short-Term and Long-Term Disability insurance
- Employee Stock Purchase Plan
- Employee Assistance Program
Physical Requirements
The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This position requires sitting the majority of the time with limited walking and standing. All work occurs indoors and within regular working hours. The noise level in the work environment is usually moderate.
