Wealth Strategist

Sells trust products and services to individuals. Seeks prospects, presents products and services in calling presentations, and follows through tocomplete sale. Maintains ongoing contact with clients and promotes relationship enhancement opportunities through relationship managers.
1. Sells bank products and services to individuals focusing on trust products.
2. Cultivates existing bank clients as well as internal and external business and personal contacts to identify and develop prospective clients.
3. Researches prospect's financial picture and possible needs to determine how to best provide service.
4. Composes letters to prospective clients and follows up with telephone calls to arrange meetings.
5. Presents bank product materials to prospective client or designated liaison (e.g. attorney, CPA, etc.).
6. Responds to questions, consulting bank partners for additional product/service information when necessary. Conducts additional prospect analysis to further determine services.
7. Consults with clients and their attorneys on the benefits of estate planning products/services. Analyzes property/assets and develops alternatives (e.g. creation of living or insurance trusts).
8. Consults with clients and their attorneys to determine appropriate plans for estate taxes. Utilizes knowledge of inheritance, gift, income, and estate taxes to sell services to clients.
9. Summarizes account assets to determine eligibility, qualifications, and tax classification.
10. Maintains current in-depth knowledge of a full range of trust-oriented services (e.g. personal trusts, living trusts, wills, investment management, security custody, financial consulting, estate and tax planning).
11. Initiates and follows through on any request for loan, checking, or savings account services by contacting banking and operations areas as appropriate.
12. Develops a perspective on individual client situations to use as a vehicle for selling products.
13. Maintains periodic contact with client and acts as a liaison between the client and the rest of the bank for various activities (e.g. setting up accounts, facilitating transactions).
14. Cross sells relationship improvement opportunities to existing clients by providing pertinent client update information to partners within appropriate areas of the bank.
15. Sets personal sales goals with manager based on sales history and product knowledge.
7+ years of experience in trust and investment sales and an established network of referral sources and centers of influence in the Eastern Michigan area. Must have a demonstrated track record of successfully selling to ultra-high net worth clients. Knowledge of fiduciary products and services (e.g. personal trusts, living trusts, wills, investment management, security custody, financial consulting, estate planning), including fee structures and documentation, acquired through work experience is required to respond to issues that arise during sales calls. Analytical and sales skills are required to relate individual customer asset situations to specific products. Interactive skills are required to comprehend prospect needs and respondwith the appropriate solutions. Position requires Series 7, 63; Professional designations such as CFP, CFTA, CFA, CIMA are strongly preferred.
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region.
As of June 30, 2016, Northern Trust Corporation had:
$122 billion in banking assets
$6.4 trillion in assets under custody
$906 billion in assets under management
For over 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation.
Visit our Careers Site and Talent Network at http://careers.NorthernTtust.com
Like us on http://Facebook.com/NTcareers and Follow us on Twitter @@NTcareers
USA EEO Statement
It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.) EEO is Law" Poster Supplement

. Apply now!

Don't Be Fooled

The fraudster will send a check to the victim who has accepted a job. The check can be for multiple reasons such as signing bonus, supplies, etc. The victim will be instructed to deposit the check and use the money for any of these reasons and then instructed to send the remaining funds to the fraudster. The check will bounce and the victim is left responsible.

More Jobs

Content Writer/Strategist
Ann Arbor, MI LLamasoft