Wealth Advisor

The Wealth Advisor is the principal contact with the client, primarily high net worth and targeted individuals and families. This individual will have a broad and deep understanding of sophisticated wealth management practices and investment strategies. The ideal candidate will have extensive impact/mission related investing expertise and a solid knowledge of financial planning principles.

The Wealth Advisor is responsible for maintaining the ongoing relationships and leading in the development of new client relationships. Duties include managing the delivery of wealth management services to the client. This will involve maintaining regular communication with the client, and working in consultation with the client’s other advisors as may be applicable.

In addition, this position will require coordination with client support personnel, including analysts and administrators in delivering investment management, tax, financial planning, and other pertinent financial services.

• A degree or equivalent qualification in a related field (Investments, Finance, Law, Accounting/Tax, Economics, Business Administration) and/or 5 years of related experience, or an equivalent combination of education and experience;
• At least one NQF Wealth Management , CFP, CPA, CFA or CIMA certification, with extensive knowledge of certifications not earned.

Wealth Advisors are team players and methodical business builders with experience and expertise as trusted wealth advisors serving the sophisticated needs of ultra-high net worth individuals and families. He/she must have an exceptional understanding of the full range of investment expertise in wealth management and related products, services and processes. He/she must be able to operate in an autonomous and entrepreneurial environment. Additional qualities include:

• Ability to foster teamwork and motivate colleagues;
• Capacity to work with demanding clients and diverse groups of people;
• Client-centred focus;
• Excellent strategic thinking ability;
• Excellent consultative skills;
• Strong written and verbal communication skills;
• Results-driven;
• Self-confidence, personal integrity, credibility;
• Skilled at analyzing and solving problems;
• Team player;
• Entrepreneurial spirit;
• Enthusiastic, positive energy.

The ideal candidate:

• demonstrates and promotes the non-negotiable integrity and dignity of the individual in an environment of mutual trust and respect;
• exhibits a commitments to lifelong learning, encourages others to do so and continues to grow technically and interpersonally in order to perform a job at the highest levels of competency;
• demonstrates a servant-leadership mindset toward all, evidenced by client satisfaction scores, 360 feedback or similar;
• encourages a direct and positive relationship between community and company;
• maintains the utmost discretion in working with sensitive and confidential information.

• Ability to establish client investment objectives including risk tolerance, asset allocation, and cash requirements;
• Develop an investment policy statement (IPS) with each client based on their goals, objectives and risk tolerance. Reviews IPS annually with client;
• Implementation of investment plans;
• Translate investment policy to individual investment objectives;
• Monitor manager performance versus benchmarks and develops insights for clients regarding key contributors and detractors;
• Monitor asset allocation per risk profiling recommendations and per the client service level mandate agreement quarterly basis relative to policy and goals – evaluate needs;
• Review portfolio issues (i.e., taxes, liquidity events, capital calls, etc.) quarterly;
• Present alternative investment ideas to clients;
• Manage investment transition for new clients;
• Collaborate with and be up to date with Investment Management & Research Team(s) around practice model portfolios and industry trends regarding investment strategy and client portfolio structure – including, but not limited to, bringing impact/mission-related investing ideas to the Manager/Research team via the practice principal which may include and help to engage in due diligence on those ideas;
• Provide recommendations to individuals and family trusts and or foundations enabling them to fulfil their goals related to mission/impact investing;
  Evaluate large holdings for performance relative to the overall portfolio and plan strategies for diversification.

• The wealth management consultant will have strong administrative skills and orientation;
• Works closely with the back office and other team members, in particular, the client support personnel;
• Follows defined administrative processes;
• Is familiar with the FAIS Act, fit and proper requirements and is compliant in all functions and tasks 100% of the time.