17 days old

Sr Associate, Wealth Strategist

Northern Trust
Houston, TX 77002
  • Job Code

The Sr. Associate will assist the Wealth Strategists with all aspects of the sales process relating to identification of potential prospects and generating new trust and investment business.

The goal is to provide the Sr. Associate, Wealth Strategist with skills required to transition into a full producing Wealth Strategist role within 2-5 years.

Primary duties will include assisting the Wealth Strategists with seeking prospects, combined with active calling efforts; researching and uncovering potential prospects; preparing materials for client meetings and new business presentations; coordination of sales activities around seminars, COI cultivation, participate in community and bank sponsored events; responsible for reviewing new business documentation prepared by sales associates, and ensures that the sales process is proactive and timely.

Obtain strong understanding and knowledge on investment management, fiduciary and financial planning matters.

1. Researches prospects through Factiva and Lexus Nexis. Prepares materials (i.e. letters, agreements, marketing updates) for prospect, COI or client meetings and presentations.

2. Compiles reports for prospects, COI or client meetings and presentations.

3. Makes necessary arrangements for prospect, COI or client meetings involving travel, audio-visual aides, seminar/lunch/dinner reservations, meetings, seminars, etc.

4. Performs special projects (i.e. coordinating reports, preparing account analysis and workflow reports) that require responding to specific account inquiries and issues.

5. Work with prospect database to implement proactive DRIP campaign to convert leads into prospects. Set up files on new business prospects.

6. Reviews and organizes all asset/family information and trust documents to assess the bank's appointment status, and any discrepancies between documents. Reviews all correspondence and accompanying documentation from prospects and attorneys to assimilate all possible information about new business opportunity.

7. Submits account documents to the legal area and external attorneys after inspecting them to ensure adherence to established guidelines and to obtain missing information, correct documents, clarify information, and resolve problem situations.

8. Works with Wealth Strategists to maintain active prospect files and reminders to initiate calls for making forward progress.

9. Composes letters to prospective clients and follows up with telephone calls to arrange meetings.

10. Communicates with partner areas on all aspects of a prospect/client relationship and initiates activity which fulfills a partner's or client's needs.

11. Responds to individual prospects'/clients' inquiries and respond through written correspondence or via telephone.

12. Develop 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). Attend meetings and classes to keep abreast of personal financial planning products and services.

13. Be able to lead sales calls and present to COIs/prospects without the assistance of a Wealth Strategist.

14. Develop independent calling program.


Undergraduate Degree or equivalent experience.

Strong computer skills: PowerPoint, Word, Excel

1-3 years of trust sales or trust relationship management experience

Basic knowledge of personal financial planning, trust and investment products and services are required to perform primary duties.

Organizational and personal computer skills are necessary to prepare materials for prospect and COI meetings and presentations.

Knowledge of fiduciary products and services (e.g. personal trusts, living trusts, wills, investment management, security custody, financial consulting, estate planning), including fee structures, documentation, policies and procedures usually acquired through work-related instruction or work experience is required to respond to account related matters and various sales situations.

Knowledge of the duties performed within the various departments and divisions of the bank acquired through work experience is required to direct inquiries and requests for client-related information.

Analytical, organizational and sales skills are required to proactively manage the sales process. Interactive skills are required to understand prospect needs and respond with the appropriate solutions.

About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally.With more than 130 years of financial experience and over 20,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Working with Us:

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!

We'd love to learn more about how your interests and experience could be a fit with one of America's best banks and most sustainable companies! Build your career with us andapply today.

Additional Information

Posted: 2022-06-17 Expires: 2022-07-16
Sponsored by:
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Sponsored by:
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Sr Associate, Wealth Strategist

Northern Trust
Houston, TX 77002

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