Senior Wealth Planner
Peapack Private Bank & Trust
Bedminster, NJ
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JOB DETAILS
JOB TYPE
Full-time
SKILLS
Analysis Skills, Bank Management, Certified Financial Planner (CFP), Coaching, Communication Skills, Community and Social Services, Customer Relations, Customer Relationship Management (CRM), Customer Retention/Renewal, Customer Support/Service, Detail Oriented, Develop and Maintain Customers, Diversity, Estate Planning, Fiduciary, Finance, Financial Management, Financial Planning, Insurance, Investment Management, Investment Services, Loans, Microsoft Office, Multitasking, Online Networks, Organizational Skills, Philosophy, Presentation/Verbal Skills, Private Banking, Private Wealth Management, Problem Solving Skills, Product Design, Project Planning, Risk Management, Safety/Work Safety, Sales Management, Social Media, Tax Returns, Time Management, Volunteer Experience, Wealth Management, Writing Skills
LOCATION
Bedminster, NJ
POSTED
30+ days ago
Peapack Private Bank & Trust is a well-recognized, high-performing boutique bank and a leader in wealth, lending, and deposit solutions. We provide a broad range of sought-after products and services designed to help our clients establish, maintain, and grow their legacy through an innovative approach to private banking.
What makes Peapack Private different from our competition? As an institution with over 100 years of history, we have always believed in putting the well-being and needs of our employees and clients first. We are proud to be recognized by American Banker for the eighth consecutive year as one of the nation's "Best Banks to Work For." Our secret sauce, in a word, is our culture .
We value a diverse, equitable, inclusive, and safe workplace. Our one-team culture goes to great lengths to show all employees that they are valued members of the organization. We treat one another like family and communicate across the Bank in a transparent and frequent manner, respect and consider feedback from all levels, and operate with a philosophy grounded in hospitality and genuine human kindness.
There are multiple ways to build relationships and get involved; from joining one of our Cultural Ambassador sub-committees (focused on Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness), to participating in community service activities through our Volunteerism outreach, to joining LIFT (Leading Inspiring Females Together), a committee focused on enriching the lives of women. Simply put, our culture is amazing.
Department Overview:
Peapack private wealth management includes investment management services provided for individual and institutions, personal trust services, (including services as executor trustee administrator custodian and guardian), and other financial planning tax preparation and advisory services. Officers from Peapack private wealth management division are available to provide wealth management and trust and investment services at the bank's headquarters in Bedminster and at all private banking locations.
Position Overview:
The Senior Wealth Planner is a Certified Finance Planner professional and is the primary client contact responsible for maintaining the client financial planning relationship.
The SWP manages all aspects of the financial planning engagement and works in tandem with the client Portfolio Manager in addition to coordinating with Wealth Planners, Advisors and Analysts.
SWP's can manage all functions including those of the Wealth Planner and Wealth Analyst.
Key Responsibilities:
- Client Relationship Management
- Act as a fiduciary on behalf of the client in all advisory related matters.
- Act as a primary client contact on all financial planning related inquiries and projects.
- Maintain regular communication with clients.
- Manage and present results of planning projects.
- Document all client communication utilizing CRM to keep the client team informed and ensure that all client related tasks are completed in a timely fashion.
- Lead client calls and meetings and manage the follow up process.
- Maintain communication with Wealth Advisors, where clients are shared.
- Financial Planning
- Manage all client planning related projects from inception to completion.
- Manage the financial planning process, coordinating scheduled, workload, client outreach, and final delivery of all planning related reporting, analyses, and services.
- Responsible for performing financial planning research and designing solutions to client specific planning needs.
- Annually or as needed conduct client review to identify planning opportunities and resolve outstanding planning issues.
- Review tax, insurance, and estate planning documents, identify, and communicate planning opportunities to mitigate risks associated with each facet of client interaction.
- Maintain current industry and planning knowledge through attendance at seminars and industry presentations.
- Supervisory general and administrative
- Develop and coach the wealth planners. Manage workload and provide opportunities for client contact and communication.
- Success Factors
- Develop and maintain strong long term client relationships success determined by high client retention and referral generation.
- Develop new skills and deepen existing ones.
- Assist clients in achieving planning objectives over time.
- Successfully demonstrate deep team of planning professionals by leveraging wealth planners where appropriate
- Build valuable relationships with COI's and outside client advisor relationships where appropriate.
- Position Goals
- Maintain CFP certification.
- Develop in-house expertise in a variety of planning related disciplines.
- Develop efficient planning processes and team functions.
- Create Market identity and presence through networking/online and social media outlets, where appropriate.
Qualifications:
- Experience & Education
- CFP certification
- Bachelor's Degree
- 5 years experience in business/finance or equivalent experience
- Skills and Knowledge
- Demonstrate ability to build strong relationships and work with diverse personalities.
- Strong verbal and written communication skills
- Detail oriented with strong organizational skills.
- Proven ability to manage multiple priorities and meet deadlines.
- Strong problem-solving skills.
- Demonstrate integrity and ability to maintain confidentiality.
- Demonstrate professional demeanor.
- Proficient in Microsoft Office.
- Knowledge of CRM and/or portfolio management system preferred.
Benefits Overview:
We offer a competitive compensation package, a generous paid time off program, comprehensive medical, dental and vision coverage, maternity/paternity leave, education reimbursement, wellness programs and more. We also offer participation in an Employee Stock Purchase Program and a 401K with a generous match.
The approximate pay range for this position is $97,692 to $127,000, plus an opportunity to earn performance-based incentives. Please note that the pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including, but not limited to knowledge, skills and abilities, as well as geographic location.
Note: Incentives and/or benefits packages may vary depending on the position.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
About the Company
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