Job Description

Senior Wealth RMJob Summary:As a Senior Wealth Manager, you will be responsible for providing high-net-worth individuals (HNWI) with personalized financial planning and investment advice.You will help clients grow, manage, and preserve their wealth by understanding their unique financial goals, risk tolerance, and long-term aspirations.This role requires strong financial acumen, excellent relationship management skills, and a deep understanding of investment products and strategies.Key Responsibilities:Client Relationship Management:- Develop and maintain long-term relationships with high-net-worth clients.- Act as a trusted advisor, understanding clients' financial objectives, needs, and risk profiles.- Provide personalized wealth management solutions to address clients' financial goals, including investments, estate planning, tax strategies, and retirement planning.- Regularly meet with clients to review portfolio performance and financial plans, making necessary adjustments.- Develop and implement tailored investment strategies for clients based on their specific goals and risk tolerance.- Analyze market trends, investment opportunities, and economic factors to advise clients on potential investments.- Maintain a deep knowledge of a wide range of financial products, including equities, fixed income, alternative investments, real estate, and structured products.Financial Planning and Advisory:- Provide comprehensive financial planning services, including asset allocation, tax planning, retirement planning, estate planning, and risk management.- Work closely with other professionals, such as tax advisors, attorneys, and accountants, to ensure an integrated approach to wealth management.- Monitor client portfolios regularly and suggest adjustments to align with changes in market conditions or client objectives.New Business Development:- Identify and pursue new business opportunities through networking, referrals, and industry events.- Build a strong client base by offering value-added services and differentiated wealth management solutions.Compliance and Risk Management:- Ensure all client transactions comply with legal, regulatory, and firm standards.- Stay up-to-date with industry regulations, market trends, and economic developments.- Monitor client portfolios for risk exposure and recommend actions to mitigate potential risks.Key Requirements:- Minimum 8yrs+of experience in wealth management, private banking, or financial advisory.- Strong understanding of financial markets, investment products, tax laws, estate planning, and retirement strategies.- Excellent communication, interpersonal, and relationship-building skills.- Proven ability to attract and retain clients and generate new business opportunities.- Ability to work independently and manage a portfolio of clients.- Strong analytical and problem-solving skills.- Ability to manage complex financial portfolios with attention to detail.- Knowledge of regulatory compliance and risk management standards. (ref:updazz.com)

Skills Required