What are the responsibilities and job description for the VP - Senior Wealth Consultant- Private Wealth Services- Westlake position at Charles Schwab?
As a Schwab Wealth Consultant at Charles Schwab you are responsible for providing high-touch service, on-going comprehensive guidance and advice to clients in the context of a dedicated relationship.??The Wealth Advisor works across a wide spectrum of investment needs to help clients manage large and complex portfolios.? Supporting our clients wealth management needs on behalf of our clients includes but is not limited to : financial planning, estate planning, investment management, retirement planning, education planning, active trading, banking, insurance, and lending needs.?
- Manage a practice of primarily Ultra-HNW clients; provide world-class service to clients with complex wealth management needs
- Retain existing clients, attract new clients, and generate growth as measured by AUM, Wealth Management solutions, and client promoter scores
- Partner with wealth specialists to offer solutions including banking, lending and trust
- Take an in-depth consultative approach to analyze, assess and find appropriate solutions to meet client needs based on the breadth of Schwabs Wealth Management offer
- Develop a customized financial strategy for prospects and existing clients
- Demonstrate a thorough understanding around how to assess suitability and recommend appropriate retirement income advice and distribution process for clients living in retirement
- Demonstrate proficiency in deepening relationships with clients, from engagement and discovery to gaining commitment and ongoing service.
- What
- you are good at
- Exhibits wealth management and investment products expertise including equities, fixed income, mutual fund and retirement plans; equity compensation plans, stock options and annuities
- Results driven, highly motivated self-starter who possesses integrity, a strong work ethic, and a passion for helping clients plan for their financial goals and objectives
- Demonstrates a bias for action and a commitment to achieving sustainable results
- Able to listen to clients needs and make decisions / take actions that help clients achieve their long-term goals
- Knows how to follow the proper risk, supervision and controls guidelines to deliver the best outcomes for clients. Exhibits strong culture of compliance, adherence to policy and Schwabs high standards
- Demonstrates good judgment in selecting methods and approaches for finding appropriate solutions for clients
- Able to adjust style of communication to best connect with others
- Demonstrates and encourages collaboration and teamwork cross functionally and within his / her team
- Demonstrates personal resilience and a commitment to continually learn
- Able to remain positive and focused during times of pressure, adversity, or change
- Actively engages and helps others succeed
- Understands life event triggers for clients and leverages this ability to consolidate and retain assets; proven ability to probe clients for life event triggers and provide financial advice accordingly
- Remains flexible in changing environmental, economic, and client need scenarios; proven experience demonstrating the ability to lead change within self and others positively
- What you have
- Bachelors degree highly preferred
- Wealth Management designation, e.g., Certified Wealth Strategist (CWS),?CFA or CFP highly preferred
- Professional designations / certifications (e.g., CFP, CFA, MBA, CHFC, CPWA) highly preferred
- Active & valid FINRA Series 7 licenserequired
- Active & valid FINRA Series 66 (63 / 65) license required
- Active & valid Life & Health insurance (or may be obtained within 90 days of employment)
- 7 years industry experience
- 2 years UHNW experience
- Whats in it for you
- 401(k) with company match and Employee stock purchase plan
- Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
- Paid parental leave and family building benefits
- Tuition reimbursement
- Health, dental, and vision insurance
Pursuant to SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the NMLS registry system and remain in good standing. You will be required to register and to submit to the required SAFE Act background check and registration process.
At Schwab, were committed to empowering our employees personal and professional success. Our purpose-driven, supportive culture, and focus on your development means youll get the tools you need to make a positive difference in the finance industry.
We offer a competitive benefits package that takes care of the whole you both today and in the future :
Whats in it for you :
At Schwab, were committed to empowering our employees personal and professional success. Our purpose-driven, supportive culture, and focus on your development means youll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you both today and in the future :
401(k) with company match and Employee stock purchase plan
Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
Paid parental leave and family building benefits
Tuition reimbursement
Health, dental, and vision insurance
Schwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at applicantaccessibility@schwab.com or call 800-275-1281.
