Private Wealth Advisor II

Position Summary

The Private Wealth Advisor’s II (PWA) primary responsibility is to serve as personal relationship manager to Busey Wealth Management clients. The Advisor will engage in proactive and ongoing communication with clients to build and maintain relationships and to develop a deep understanding of clients’ unique goals and objectives. The reporting structure may vary for the PWA role based on Regional needs; a PWA can report to a Market or Regional President and in some instances, a Managing Director or Director.

Duties & ResponsibilitiesThe Private Wealth Advisor will manage and develop a designated book of Wealth Management Clients, ranging from high-net-worth individuals and families to institutional clients such as foundations and endowments. The Private Wealth Advisor will work with and coordinate the efforts of our experienced Investment Team, Financial Planning and Tax Specialists, Estate Planning, Portfolio Management, and Private Client banking services to create comprehensive financial strategies and solutions to help clients achieve their desired objectives over their lifetime. The Advisor will actively pursue opportunities to acquire new business – both in securing additional assets from existing clients as well as seeking new high-net-worth client opportunities. Client accounts will be monitored and serviced daily to ensure smooth operations and adherence to firm policies and procedures through the following;Act as the primary relationship manager for a book of clients.Frequently meet with clients; formulate the appropriate actions necessary to help the client and enhance their relationship with Busey.Actively drive new sales opportunities.Attend discovery/needs-based sales training.Serve as resource for the team and act as a project leader from time to time.Administer accounts in a manner that ensures smooth operational compliance with relevant governing instruments, legal requirements, and business line policies and procedures yet ensures a high level of client service.Complete mandatory account reviews for the assigned accounts.Actively make client recommendations consistent with the client’s financial plan and Investment Policy Statement.Meet and communicate with clients, including a review of the client’s investment strategy and financial plan, on a regular basis.Provide high level service to clients, beneficiaries, advisors, and other related parties to assigned accounts.Escalate issues to the appropriate parties.

Education & Experience

Knowledge of:

• Strong oral and written communication skills
• Strong sales and client service skills
• Wealth Management Services including Investments, financial planning, banking and trust concepts including asset allocation, and basic trust and estate procedures
• A fiduciary approach to managing client relationships

Ability to:

• The Private Wealth Advisor II is for those Advisors managing or having the ability to source larger books of business that bring in substantial revenue.
• Develop and manage client relationships at an advanced level
• Make independent decisions
• Respond timely to client needs and requests
• Partner with other associates on the team in a collaborative and client-focused manner Understand and think strategically about each client’s financial planning.
• Analyze and interpret numerical data
• Analyze and solve problems that frequently involve decisions based on a wide knowledge of many factors where application of advanced technical concepts is predominantly required.
• Analyze and interpret general business periodicals, professional journals, technical procedures, and governmental regulations
• Perform duties under frequent time pressures

Education and Training:

• Requires bachelor’s degree in business or finance or commensurate wealth management or financial services experience with high-net-worth clients
• Certified Financial Planner designation is preferred
• Must be in good standing with First Busey Corporation continuing education.
• On-going development and broadening of appropriate knowledge and skills; additional education will need to be successfully completed.
• Requires knowledge of standard business systems, including but not limited to, Trust Accounting systems, Microsoft Office Suite

Compensation and Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

 

(Base Pay Range: $127,000 - $168,000/yr)

 

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

 

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.

 

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails