Job Function
Accounting/Finance
Description
About Northern Trust:Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Overview
Act as a trusted advisor and technical expert in complex individual and family client relationships for high and ultra-high net worth clients who require sophisticated, multi-disciplinary wealth planning. This role is responsible for the development of a comprehensive personal and financial wealth profile, identification of wealth-related goals, and the design and implementation of integrated wealth plans. The role combines deep technical expertise with collaborative delivery of Northern Trust's full wealth management capabilities.
What You'll Do
Client & Wealth Planning Advisory
- Develop a comprehensive personal and financial wealth profile for clients and their families, including identification of wealth-related life goals, in collaboration with the Lead Relationship Manager, if applicable.
- Design and implement wealth plans integrating wealth management, wealth transfer, and tax efficiency objectives in collaboration with client professional advisors and Northern Trust partners.
- Collaborate with the Regional Wealth Advisor in the design and modeling of wealth plans for ultra-high net worth clients, where a Regional Wealth Advisor is engaged.
- Work closely with the Portfolio Manager, Regional Wealth Advisor, Trust Advisor, Banker, and other Northern Trust professionals to implement client wealth plans.
- Monitor, review, and periodically update client wealth plans to reflect changes in goals, circumstances, and regulatory or tax environments.
- Apply advanced technical and analytical expertise to deliver customized, advice-driven solutions aligned with client objectives.
- Actively assist in the sales process and identify opportunities to expand client relationships through the introduction of Northern Trust products and services.
- Maintain a deep understanding of Northern Trust capabilities and partner across the organization to deliver integrated wealth management solutions.
- Actively engage in the cultivation of professional advisor relationships, including attendance and participation in professional conferences and advisor networks.
- Serve as a mentor to Associate Wealth Advisors and Wealth Advisors.
- Operate independently with in-depth knowledge of the business unit and function.
- Provide comprehensive, high-level consulting and leadership as a subject matter expert to teams and partners.
- Carry out activities that are large in scope, cross-functional, and technically complex.
- Balance high-level operational execution with development and execution of strategic direction for business function activities.
- Conduct preliminary analyses and provide technical guidance for complex planning matters.
- Interact directly with committees and/or management as required.
- Strategically develop, implement, and administer programs within functional areas.
- Strong consultative orientation supported by advanced technical expertise in wealth planning and related disciplines.
- Ability to manage complex, cross-functional initiatives while delivering high-quality client outcomes.
- Proven leadership, mentoring, and collaboration skills across multi-disciplinary teams.
Strong knowledge of wealth transfer planning, taxation, estate planning solutions, and wealth management products and services, typically acquired through extensive experience working with high and ultra-high net worth individuals and families in financial services, law, or consulting. Broad-based technical and analytical expertise in wealth planning, wealth transfer, tax, philanthropy, fiduciary practice, asset location and preservation, and related disciplines. Strong interpersonal skills and proactive consultative approach.
Experience
7-10 years of comprehensive wealth planning experience working with high and ultra-high net worth individuals and families. Advanced educational and professional designations such as CFP, JD, MBA, or similar evidence of advanced learning and professional consulting qualifications are desired.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com .
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Job ID: 84120514
