What are the responsibilities and job description for the Head of Wealth Management position at Pacifica Continental?
Dynamic and innovative financial services firm committed to delivering exceptional investment solutions seeks a highly motivated and experienced Head of Wealth Management to lead the wealth management division. This role requires a strategic leader who will not only manage existing client relationships but also drive the growth of our advisory team by recruiting and integrating new financial advisors. The ideal candidate will possess a strong background in wealth management, exceptional leadership skills, and a passion for client success.
Why Join:
As the Head of Wealth Management, you will play a pivotal role in shaping the future of the firm, driving growth and excellence in client service. We offer a competitive compensation package, professional development opportunities, and a supportive work environment.
Key Responsibilities:
Client Management:
- Cultivate and maintain strong relationships with high-net-worth clients, providing tailored advice and solutions to meet their financial goals.
- Monitor client portfolios and ensure alignment with investment strategies and risk tolerance.
- Deliver high-quality service and support, addressing client inquiries and concerns promptly.
Team Leadership:
- Recruit, train, and mentor new financial advisors to build a high-performing wealth management team.
- Foster a collaborative culture that encourages knowledge sharing, professional development, and ethical practices among team members.
- Set performance goals and conduct regular performance reviews to ensure team accountability and growth.
Business Development:
- Develop and implement strategic plans to attract new financial advisors and expand the wealth management division.
- Identify and pursue opportunities to enhance service offerings and attract new clients.
- Network with industry professionals to build relationships and enhance the firm’s reputation in the marketplace.
Integration of Technology:
- Lead the integration of Customer Relationship Management (CRM) systems and portfolio management tools to enhance operational efficiency.
- Train team members on the use of CRM and portfolio management systems to improve client service and reporting capabilities.
- Continuously evaluate tech solutions to optimize the team's workflow and client interaction.
Compliance and Risk Management:
- Ensure compliance with regulatory requirements and company policies in all client interactions and advisory practices.
- Implement risk management strategies to protect client assets and interests.
Qualifications:
-Bachelor's degree in Finance, Business Administration, or a related field; advanced degree or professional certifications (CFP, CFA) preferred.
- Required licenses: SIE, Series 63, 65 or 66 and Series 7 (or capability of obtaining Series 7 within 4 months of hiring date).
- 5 or more years of experience in wealth management or financial advisory, with at least 2 years in a leadership role.
- Ideally proven track record in recruiting and managing financial advisors, with strong team-building skills.
- Extensive knowledge of investment strategies, financial markets, and regulatory compliance.
- Proficient in CRM and portfolio management systems, with a strong desire to leverage technology for enhanced client service.
- Excellent communication, interpersonal, and presentation skills.
Why Join:
As the Head of Wealth Management, you will play a pivotal role in shaping the future of the firm, driving growth and excellence in client service. We offer a competitive compensation package, professional development opportunities, and a supportive work environment.
Key Responsibilities:
Client Management:
- Cultivate and maintain strong relationships with high-net-worth clients, providing tailored advice and solutions to meet their financial goals.
- Monitor client portfolios and ensure alignment with investment strategies and risk tolerance.
- Deliver high-quality service and support, addressing client inquiries and concerns promptly.
Team Leadership:
- Recruit, train, and mentor new financial advisors to build a high-performing wealth management team.
- Foster a collaborative culture that encourages knowledge sharing, professional development, and ethical practices among team members.
- Set performance goals and conduct regular performance reviews to ensure team accountability and growth.
Business Development:
- Develop and implement strategic plans to attract new financial advisors and expand the wealth management division.
- Identify and pursue opportunities to enhance service offerings and attract new clients.
- Network with industry professionals to build relationships and enhance the firm’s reputation in the marketplace.
Integration of Technology:
- Lead the integration of Customer Relationship Management (CRM) systems and portfolio management tools to enhance operational efficiency.
- Train team members on the use of CRM and portfolio management systems to improve client service and reporting capabilities.
- Continuously evaluate tech solutions to optimize the team's workflow and client interaction.
Compliance and Risk Management:
- Ensure compliance with regulatory requirements and company policies in all client interactions and advisory practices.
- Implement risk management strategies to protect client assets and interests.
Qualifications:
-Bachelor's degree in Finance, Business Administration, or a related field; advanced degree or professional certifications (CFP, CFA) preferred.
- Required licenses: SIE, Series 63, 65 or 66 and Series 7 (or capability of obtaining Series 7 within 4 months of hiring date).
- 5 or more years of experience in wealth management or financial advisory, with at least 2 years in a leadership role.
- Ideally proven track record in recruiting and managing financial advisors, with strong team-building skills.
- Extensive knowledge of investment strategies, financial markets, and regulatory compliance.
- Proficient in CRM and portfolio management systems, with a strong desire to leverage technology for enhanced client service.
- Excellent communication, interpersonal, and presentation skills.
