Paraplanner - Transcend Practice Management

Paraplanner

Location: New York, NY

Compensation: $100K - $120K (based on experience)

Status: Full time – in office ( monthly MTA pass provided)

We are a premier independent wealth management firm with offices in NYC and Del Ray  Beach, Florida specializing in serving high-net-worth families, foundations, and trusts. We pride ourselves on being a close, tightly knit, service-oriented team that works collaboratively to embody our values each day: hard work, humility, optimism, responsiveness, and doing whatever needs to be done to make things right. Our office is committed to delivering high-quality, high-touch experiences to our clients so that, no matter whom they work with, clients know that they are receiving our utmost attention.

We are excited to have an opportunity to welcome a new member to our team. If you have experience as a Paraplanner and love solving problems, we would love to hear from you. As a Paraplanner, you will utilize best-in-class resources and technology, you will roll up your sleeves and work in direct collaboration with the firm’s founder to tackle complex financial, estate, and tax planning situations and deliver an experience to clients that is second to none.

The attributes that we look for in teammates include:

• High engagement
• Self-starter
• Curious, friendly team player who takes initiative to work collaboratively with teammates – all staff members are involved in various projects at any time.
• Commitment to exceeding expectations and taking ownership of the entire process
• Careful listening skills
• Honest, hard-working and friendly
• High level of integrity and enjoys being challenged
• Detail oriented
• Organized, good follow through/tenacity, and ability to understand product details
• Desire to learn
• Client first attitude
• Ability to work autonomously within an area of responsibility, as well as collaboratively to contribute to the overall client experience
• Flexibility and openness to work on varied assignments with people across the firm
• Ability to learn quickly and improve upon established processes
• Strong communication and interpersonal skills, quickly connecting with others to build relationships within the firm and across our client base
• Desire to be a long-term contributing member of the team
• A long view of the opportunities presented by the firm and the industry overall

As a Paraplanner, you can expect to:

• Review brokerage statements provided by clients and prospective clients.
• Review Internal brokerage statements and reports.
• Document Client meetings, process business and general information, and Organize data.
• Assist in various portfolio management tasks.
• Prepare for Public Firm Events (such as conferences, public speaking, and educational classes).
• Provide technical support to the firm’s advisors.
• Participate and listen carefully in planning meetings and translate the discussions into a strategy for analysis to help drive financial planning efforts.
• Create financial planning folders, agendas, gather supporting documentation and assist advisors with preparation for client meetings.
• Prepare for client meetings, preparing agendas and supporting documentation for review by advisor; complete follow up arising from client meetings, and correspond with clients, advisors and vendors as needed.
• Follow through on post-meeting activities including updating client data, synthesizing notes, and completing communications in CRM.
• Keep meticulous records of interactions and plan progress using the CRM, etc.
• Conduct research on various projects that the adviser requests, which could be diverse (Investment analysis, Portfolio structure, prospecting, updating client data, enhancing the client experience)
• Work extensively in our 401(K)-retirement department, servicing existing plans and preparing presentations for prospective plans.
• Produce and maintain reports and logs.
• Sending, receiving, and processing client documents and communications with clients, other professional advisors, and vendors.
• Own the implementation of client planning strategies.
• Continuously stay in relationship with colleagues and clients, understanding their unique circumstances, connections, talents, interests, etc.
• Stay current on trends in the financial planning area.
• Superior verbal and written communication skills.
• Qualifications for this role include:
• Bachelor’s degree
• Series 7 required
• Life and Health Insurance License (or familiarity with insurance sales and underwriting process a plus).
• Minimum of 2 years of experience in wealth management operations.
• Excellent communication and relationship management skills.
• Strong computer desktop skills are required: Microsoft Office Suite (Word, Excel, PowerPoint) Morningstar Advisor Workstation, social media. Additional direct software such as NFS Wealthscape, CRM, Outlook, and FI360.
• Organized, good follow through/tenacity, and ability to understand product details.
• Superior verbal and written communication skills.
• Demonstrated job stability and career progression.

We welcome a diverse pool of applicants from various backgrounds and urge you to apply to learn more about what the firm offers and see if it might be an attractive fit for both of us and you. We look forward to meeting you!