Northwestern Mutual

High Net Worth Wealth Planning Lead, Assistant Director

Northwestern Mutual

full-time

Posted on:

Origin:  • 🇺🇸 United States • Wisconsin

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Salary

💰 $102,060 - $189,540 per year

Job Level

Senior

About the role

  • In support of Strategic Planning Strategies’ subscribers and their high-net-worth clients, the Wealth Planning Lead will be a dedicated resource and member of the client-facing Sophisticated Planning Strategies team.
  • Acting in a specialist capacity, utilizing advanced planning knowledge in the Ultra/High Net Worth (U/HNW) space; providing top-tier, highly customized financial planning strategies and expertise to advisors and their valued prospects and clients.
  • The Wealth Planning Lead regularly collaborates with other financial professionals (i.e. Attorney, CPA) within the SPS team on opportunities to solve for the complex needs of our advisor’s clients.
  • Collaboration with team members and Private Client Group advisors to build financial plans with an emphasis on estate planning, business succession, tax optimization, executive compensation, and risk mitigation strategies.
  • Provide in-depth case consultation, review of legal, tax and financial documentation, as well as strategy design.
  • Analyze clients’ current financial situation and model recommended advanced planning concepts utilizing internal and external software.
  • Regularly present strategies and solutions to advisors and their clients; applying strong influencing skills to enable client decision making and implementation.
  • Build and leverage relationships with internal stakeholders to address unique client circumstances to ensure appropriate and timely delivery of financial recommendations.
  • Exhibit empathy and emotional intelligence to understand and address client concerns effectively.
  • Ensure timely responses to client inquiries and issues, demonstrating a strong commitment to client satisfaction.

Requirements

  • Bachelor\'s degree, preferably in Business, Financial Planning, Finance, Economics or Accounting.
  • Minimum of ten years of financial planning experience; High-Net-Worth experience highly desired.
  • CERTIFIED FINANCIAL PLANNER™ designation required.
  • Series 6 or 7 required or obtained within the first 180 days of hire.
  • State of residence insurance license required or obtained within first 180 days of hire.
  • Proven experience in developing comprehensive financial plans and effectively presenting tailored recommendations to clients.
  • In-depth knowledge on life insurance products and advanced solutions preferred.
  • Strong consultative, communication and analytical skills.
  • Existing knowledge and willingness to deepen in advanced planning areas including tax optimization, estate/legacy planning, and business succession/exit planning.
  • Strong interpersonal skills and ability to effectively collaborate with colleagues, clients, and stakeholders from various backgrounds and with different communication styles.
  • Outstanding written and verbal communication skills with a client-oriented approach to articulate complex financial information and concepts to clients with varying levels of financial literacy.
  • Proven ability to develop trusting relationships with financial advisors and colleagues.
  • Advanced skills with financial planning software and/or excel desired.
  • Exhibit a team player and growth mindset.
  • This position has been classified as a Registered Representative under NMIS guidelines and requires fingerprinting. Series 6 - FINRA, Series 7 - FINRA