What are the responsibilities and job description for the Wealth Manager position at Stansberry Asset Management?
Company Overview:
Stansberry Asset Management (SAM) is proud to be recognized as a certified Great Place to Work, reflecting our commitment to fostering a supportive, positive, and collaborative environment where employees truly enjoy coming to work. Here, employees engage in meaningful work, directly helping clients achieve their financial goals, which brings a deep sense of purpose and satisfaction.
Our culture is rooted in collaboration, inclusion, and transparency, with accessible leadership that values input and creates a genuine sense of belonging.
While skills and expertise matter at SAM, finding the right culture fit is our top priority. We seek individuals who bring a commitment to hard work and excellence, while also embodying our core values of collaboration, respect, and integrity. We believe skills can be developed, but a strong work ethic and the right attitude are crucial for achieving long-term success—for both our team and our clients.
At SAM, it’s not just about having a job; it’s about joining a community where you feel valued, supported, and empowered to grow!
Job Summary:
The Wealth Manager will play a crucial role in providing comprehensive financial planning services to our clients, helping them achieve their financial goals. Requires a deep understanding of financial markets, investment strategies, and a client-centric approach to wealth management.
Responsibilities:
- Conduct thorough financial assessments for clients, analyzing income, expenses, assets, and liabilities.
- Collaborate with clients to understand their financial goals, aspirations, and risk tolerance.
- Develop customized and holistic financial plans that encompass investment management, estate planning, and risk management.
- Provide strategic recommendations aligned with clients' financial objectives.
- Offer expert advice on investment opportunities, asset allocation, and portfolio construction.
- Build and maintain strong relationships with clients through effective communication and understanding of their evolving needs.
- Conduct regular client meetings to review financial plans, discuss investment strategies, and address client inquiries.
- Prepare and maintain accurate documentation of client information, financial plans, and related materials.
- Generate clear and concise reports and presentations for client meetings.
- Assess potential risks associated with clients' financial situations and recommend risk mitigation strategies, including insurance solutions.
- Stay informed about industry trends, regulations, and best practices.
- Ensure compliance with relevant financial regulations and ethical standards.
Qualifications:
- Bachelor's degree in finance, business, or a related field.
- Must have Series 65 or Series 66 and have a strong desire to attain your CFP.
- 2 to 5 years of relevant experience in wealth management, financial planning, or a related field.
- Strong knowledge of financial planning principles, investment strategies, and estate planning.
- Excellent communication and interpersonal skills.
- Detail-oriented with strong analytical and problem-solving skills.
- Ability to build trust and rapport with high-net-worth clients.
- Proficiency in financial planning software and tools.
This job description is intended to provide a general overview of the responsibilities and expectations for this role. It is not exhaustive and may be subject to change based on the needs of the company. Employees may be required to perform additional duties as assigned.
