NT
Private Wealth Director
full-time•Los Angeles•$236k - $414k
About this role
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
1. Cultivates and manages deep, long-term relationships with clients, serving as the central point of contact and helping navigate complex financial needs.
2. Develops referrals and leads from internal and external sources including centers of influence working with clients.
3. Understands each client’s unique family dynamics, financial goals, and philanthropic aspirations.
4. Works with team of experts to develop and implement customized Wealth Management strategies for clients.
5. Orchestrates specialists to provide holistic financial services including wealth structuring, credit facilities, banking, asset management, budgeting, insurance, charitable giving, wealth transfer, and tax services.
6. Develops tailored meeting agendas and presentations with proactive, targeted advice and a relationship timeline to fulfill client goals in the short, medium and long term.
7. Reviews accounts to determine the banking, investment and advisory needs of clients; anticipates and creates opportunities for enhancing the client relationships.
8. Contributes to organic growth by expanding current relationships and sourcing new ones.
9. Actively participates in the development of new and integrated solutions to meet client needs.
10. Brings in experts, when appropriate, and closes the sales.
11. Ensures smooth delivery of new services and communicates emerging needs.
12. Incorporates digital solutions and capabilities to enhance the client experience.
Knowledge:
• Broad understanding of Wealth Management principles including investment, tax planning, estate planning, and family governance
• Proven ability to work across multiple disciplines and synthesize complex information
• Outstanding communication skills with ability to translate technical concepts for various audiences
• Strong relationship management capabilities and high emotional intelligence
• Exceptional interpersonal, verbal, written, and presentation skills with ability to influence and negotiate
Experience:
• Degree or equivalent in a relevant field (Business Administration, Finance, Economics)
• 10 - 15 years industry experience, including significant experience in relationship management and portfolio management
• MBA or Post-Graduate Degree preferred
• CFP, CPA, CFA, CTFA, CFM certificate preferred
• Series 7 and 63 required
Salary Range:
$236,555 - 414,115 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected].
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
What you'll do
- The Private Wealth Director cultivates and manages long-term relationships with clients, serving as the central point of contact for their complex financial needs. They work with a team of experts to develop and implement customized wealth management strategies.
About Northern Trust
Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments in efforts to realize their long-term objectives.
Entrusted with $1.2 trillion in assets under management as of March 31, 2024, we understand that investing ultimately serves a greater purpose and believe investors should be compensated for the risks they take — in all market environments and any investment strategy. That’s why we combine robust capital markets research, expert portfolio construction and comprehensive risk management in an effort to craft innovative and efficient solutions that seek to deliver targeted investment outcomes.
As engaged contributors to our communities, we consider it a great privilege to serve our investors and our communities with integrity, respect and transparency.
Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Northern Trust Asset Management Australia Pty Ltd, and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
© 2024 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A.
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Frequently Asked Questions
What does Northern Trust pay for a Private Wealth Director?
Northern Trust offers a competitive compensation package for the Private Wealth Director role. The salary range is USD 237k - 414k per year. Apply through Clera to learn more about the full compensation details.
What does a Private Wealth Director do at Northern Trust?
As a Private Wealth Director at Northern Trust, you will: the Private Wealth Director cultivates and manages long-term relationships with clients, serving as the central point of contact for their complex financial needs. They work with a team of experts to develop and implement customized wealth management strategies..
Is the Private Wealth Director position at Northern Trust remote?
The Private Wealth Director position at Northern Trust is based in Los Angeles, California, United States. Contact the company through Clera for specific work arrangement details.
How do I apply for the Private Wealth Director position at Northern Trust?
You can apply for the Private Wealth Director position at Northern Trustdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.