Financial Advisor/Senior Financial Advisor

Financial Advisor/Senior Financial Advisor

Summitry is a Bay Area wealth management firm with $2B in assets, 40+ employees, and over 1000 clients, offering personalized financial planning and investment strategies, rooted in local insight. Join an innovative and collaborative team, focused on being the most admirable advisory firm helping families thrive through the unique set of opportunities and challenges posed by life in the Bay Area.

Position Description

• Reports to:
  • FA: Emily Hazelroth, Senior Financial Advisor & Advisor Manager
  • SFA: Alex Katz, Chief Growth Officer
• Benefits: Yes
• Status: Full Time/Exempt
• Date: Immediate
• Work environment: Hybrid (50%/month)

Job Summary

Financial Advisors (FAs)/Senior Financial Advisors (SFAs) are the primary managers of the client relationship. S/FAs are responsible for managing existing client relationships and formulating and implementing advice, but may also partner with Portfolio Managers, Partners, and more senior financial advisors to develop recommendations. S/FAs are expected to partner with the business development team and develop new client and COI relationships. S/FAs also lead Associate Financial Advisors in client service delivery.

Duties and Responsibilities

• Foster new client relationships and drive growth through existing client relationships, and in partnership with professional networks and the firm’s Business Development team
• Build, deepen, and retain relationships by providing comprehensive financial planning and a high-quality client experience in all interactions
• Serve as a primary liaison between the client and the Portfolio Management team
• Obtain and review clients’ investment goals, time horizons and tolerance for market volatility
• With the support of Associate Financial Advisors, produce, present, and review/update financial plans designed to help clients achieve their goals
• Schedule, prepare, hold and execute on follow-up items for all client meetings
• Responsible for meeting the Service Level Agreement (SLA) requirements for all clients assigned to the advisor

Qualifications

• Excellent communication, presentation, organizational, computer, and interpersonal skills
• 3-7 years of experience providing advisory services in a client-facing role and comprehensive financial planning and business development experience
• Bachelor's degree
• CFP Certified; CFA, CPA, EA, MSA, JD a plus
• Knowledgeable in the areas of:
  • Equity compensation - ISO, NQSO, ESPP, RSU, 10b(5)1, 83(b)
  • Exchange Funds/options strategies for concentrated stock positions
  • Employee benefits of Bay Area Firms
  • Taxation
  • Real estate transactions
  • Estate Planning
  • Insurance
• Highly proficient in MS Office; experience with eMoney, and Tamarac/AdvisorView/other CRM a plus
• Proactive contributing team player able to work in a fast-paced environment
• Must have mode of transportation for travel (prospect/client meetings)

Salary and Benefits

• The expected base salary for this position will range from $115-225K plus eligibility for profit share and additional incentive compensation based on successfully completing metrics. Actual compensation may vary from posted base salary depending on your confirmed job-related skills and experience.
• Company profit-sharing plan (eligible after 6 months of employment) based on successfully completing metrics
• Incentive compensation on new assets (in partnership with business development and referrals from existing clients and COIs)
• Medical, dental, and vision coverage, Flexible Spending Account/Health Savings Account, and 401K plan
• More details (currently 100% medical coverage for employees/50% coverage for family members, financial planning and infertility benefits, etc.): https://summitry.com/careers