At First Republic, we care about our people.
Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management.
We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients.
You’ll always feel empowered and valued here.
Incredible teams doing exceptional work, every day
First Republic Private Wealth Management is comprised of investment management, brokerage, trust, financial planning and insurance professionals.
We offer customized wealth management solutions for our clients from a wide array of services including comprehensive investment management, financial planning, estate planning, trust services, endowment management and more.
Our goal is to understand our clients’ unique needs and support them throughout a lifetime of financial goals.
Duties and Responsibilities
The Associate Director, Advanced Planner services multiple client segments and will be responsible for the development, design, delivery, and implementation of comprehensive financial plans as well as other wealth planning deliverables.
This position will primarily service the $1-8 million liquidity client segment with opportunities to serve the $8 million plus liquidity clients through collaboration with Advanced Planners at the Senior Vice President and Managing Director levels.
The position offers an excellent opportunity for an individual seeking to build a career in financial planning.
Responsibilities range from data collection, analysis, client recommendations and client plan delivery.
What you’ll do as an Associate Director, Advanced Planner:
Primary Responsibilities include:
– Develop and deliver financial plans that includes:
– Compiling information, conducting research and assembling all applicable client data necessary to develop a solid, viable, meaningful financial plan; this process often involves direct contact with the client/client delegates and/or the need for investigative research using available online tools.
– Utilizing financial planning software to build financial models based on client data and information compiled.
– Independently analyzing data and perform quality control testing to ensure the accuracy and reliability of the analysis developed by the financial planning software.
– Taking the lead in developing, reviewing, and completing financial plans, client documentation and analysis.
– Providing eMoney software training and support in a “Player/Coach” role for Wealth Managers and others within First Republic.Developing and maintaining strong relationships with clients, accountants, and attorneys to ensure data, analysis and plans are accurate and complete.
– Ability to develop and maintain strong relationships with First Republic Relationship Managers, First Republic Investment Management Wealth Advisors and Wealth Managers.
– Working independently on $1-8 million liquidity client cases.
– Preparing, developing, and deliveringh financial plans to clients and prospects.
– Actively engaging internal partners for new financial planning clients and leads.
– Communicating directly with clients regarding the development of their financial plan.
This may also include communicating with a client’s other advisors such as accountants and attorneys.
Secondary Responsibilities:
– Prepare appropriate engagement letters and welcome packages to be sent to clients.
– Prepare and/or develop various analytics and presentations for use internally or with clients.
– Collect data and accurately use the data in financial planning software such as eMoney.
– Manage and maintain confidential client information.
– Be aware of and track client engagements and the work in progress as well as the work needed to complete the client engagement.
– Maintain data needed to measure outcomes of the client engagements.
– Coordinate with Wealth Advisors, Relationship Managers and Wealth Management teams and internal resources on client engagements.
– Manage financial planning fee engagement invoicing.
– Participate or lead various special projects related to planning.
Qualifications
The successful candidate will demonstrate:
The aspiration of being a team player with a sincere desire to play a role in a growing Financial Planning business.
The individual should demonstrate dynamic analytical and technical abilities, impeccable communication skills and strong attention to detail.
Additional requirements:
– Understand financial planning concepts, strategies, and solutions well enough to independently understand how and what to model in the financial planning software.
– Perform independent research as needed to gain a technical understanding of concepts and strategies candidates are not familiar with that would aid in their analysis.
– Have a strong interest in financial planning; experience with complicated planning a plus.
– Proficient with Microsoft Office, Power Point, Excel, eMoney and have a familiarity with or ability to be trained on WealthTec and NumberCruncher software.
– Strong understanding of or solid foundation in essential planning concepts (i.e., estates and trusts, insurance, stock options, taxes, cash flow planning).
– Demonstrate strong interest in financial planning
– experience with complicated planning a plus.
– Solid understanding of investments and financial markets.
– Familiarity with banking and wealth management products and services.
– Strong analytical and technical abilities.
– Willingness to be in a support role and handle administrative tasks.
– Ability to manage multiple responsibilities under high pressure.
– Strong communication and follow-up skills.
– Sound judgment and reasoning abilities.
– A “high touch” client service approach.
– Minimum of 5 years of experience in financial planning.
– Intellectual curiosity.
– Tax background or Certified Financial Planner (CFP) designation preferred.
Job Demands:
– Must be able to review and analyze data reports and manuals; must be computer proficient.
– Must be able to communicate effectively via telephone and in person.
Own your work and your career
– apply now
Are you willing to take initiative and make decisions?
Are you willing to go the extra mile because you love what you do and how you can contribute as a team?
Do you want the freedom to grow and the opportunity to take charge of your own career?
If so, then come join us.
We want hard working team players.
You’ll have the independence to learn, lead and drive change.
A culture of extraordinary service, empowerment and stability—that’s the First Republic way.
Come join us!
This job description is not intended to be all-inclusive.
Employee may perform other related duties as assigned to meet the ongoing needs of the organization.
The Company is an equal opportunity employer.
In this regard, the Company makes reasonable accommodations for qualified applicants and employees with disabilities in order to enable them to perform all essential job functions, unless doing so creates an undue hardship.
First Republic is subject to federal laws that restrict the employment of individuals with certain types of criminal histories, including FDIA Section 19 and FINRA.
To the extent not inconsistent with our obligations under those federal laws and regulations, First Republic will consider qualified candidates with criminal histories in a manner consistent with the Los Angeles and San Francisco ban-the-box laws.
We’re always on the lookout for top talent and are adding new jobs every week.
First Republic Bank is committed to a policy of equal employment opportunity for all employees and applicants for employment, without regard to race, color, religion, sex, pregnancy, childbirth, sexual orientation, gender identification, national origin, ancestry, age, marital status, physical or mental disability, medical condition, genetic information, citizenship status, veteran status or any other legally protected category, in accordance with applicable federal, state and local law.
Banking products and services are offered by First Republic Bank, Member FDIC and Equal Housing Lender
Investment Advisory services are provided by First Republic Investment Management, Inc.
Trust services are provided by First Republic Trust Company and First Republic Trust Company of Delaware LLC.
Brokerage services are offered through First Republic Securities Company, LLC, Member FINRA / SIPC .
Insurance services are provided through First Republic Securities Company, DBA Grand Eagle Insurance Services, LLC, CA Insurance License # 0I13184, and First Republic Investment Management, DBA Eagle Private Insurance Services, CA Insurance License # 0K93728.
Investment, Insurance and Advisory Products and Services, and Foreign Exchange Transactions, are Not FDIC Insured or Insured by Any Federal Government Agency, Not a Deposit, Not Bank Guaranteed and May Lose Value.