About Us
President’s Wealth Management is an independent financial planning practice/team, based in Cleveland, Ohio. Our team has a 40+ year history in comprehensive financial planning, working with business owners, corporate executives, and HNW families and individuals. We work closely with just over 100 client families, typically net worths of $2MM to $50MM.
In addition to the personalized planning, we manage investment accounts, annuities and insurances, company 401(k) plans, and other financial strategies for our clients. But we don’t simply “manage money” or “provide products”… we make sure clients are doing all the financial things, they should be doing. And we always follow through.
With this position in place, there will be 5 of us on our immediate team, operating in a larger office with other teams. Our team and client base has grown significantly in the last 10 years, and we are excited to expand with the help of this position.
For more info about our team, view presidentswealth.com
The Position
As we have grown, our team and clients need a specialist who will be ingrained into every client’s unique situation. The goal of this role on the team, is to combine your prior experience of a Paraplanner or as an Advisor, with your understanding of technical financial planning, to oversee all clients’ evolving financial situations, and help manage the flow of actions that must be taken for a client. You will prepare the advisor for client meetings by reviewing the client’s situation and drafting a meeting agenda, and steer follow-up actions after client meetings.
This role will maintain a clear understanding of each client situation, respond to clients’ technical questions, and make decisions regarding actions needed for clients. Our practice has created standardized processes and templates, to treat each client case in the same manner, and easily track a client’s situation.
Long-term, this role will always be needed, to help monitor each client’s situation and outstanding steps needed, year-by-year. This role would not likely transform into an independent financial advisor, nor involve a full transition of the client relationships. Instead, this role will continue to grow within the position, work very closely with the advisor in deepening the relationship with clients, and directly help clients through strategic financial planning via phone and email.
Main Responsibilities
· Learn each unique client situation, and utilize financial software/templates to maintain (and update ongoing) clear records for our team to reference anytime, regarding a client’s family/financials/personal info
· In preparation for upcoming client meetings… review the client’s digital file, decide which documents need to be requested, print reports from various software
· In preparation for upcoming client meetings… draft a detailed meeting agenda (using a template), and debrief with the advisor, for further edits as needed
· For new clients… analyze and summarize their existing investment and insurance statements and documents (using templates)
· After a client meeting… phone with advisor, for a debrief of all follow-up actions required (many of which were pending on the meeting agenda you prepared)
· Track/complete the tasks and actions applicable to your role, and email other team members of actions/details required for their completion
· Call or email clients, as needed, regarding next steps required
· For new paperwork/applications needed, email the specs required to the Client Service Manager, for her to prepare paperwork (and help with questions as they arise)
· Follow a disciplined process of tracking, to assure all follow-up steps are eventually completed, for many clients simultaneously in motion
· Draft and send an email update to clients regarding their investment accounts, and call client for any updates
· When needed, utilize financial planning software to generate financial models
· As clients call or email with technical questions… research for the appropriate recommendation, respond to client, and debrief with advisor
· For certain annuity or insurance products to be proposed to client, request scenario illustrations from the provider, review these for accuracy, then debrief with advisor
Requirements & Experience
· Detail-oriented, organized
· Critical thinker, problem-solver, continuous learner
· Good communicator (email, and verbal)
· Dependable, and caring for people
· Positive, “can-do” attitude
· 3 or more years of experience in financial planning roles
· FINRA licenses and CFP® designation preferred
We Offer
· Salary, bonus, 401(k) match and benefits, and a casual yet professional environment
· Compensation will range between $60,000 - $100,000 per year, depending on experience of a qualified candidate
· Position entails working at our office, in Pinecrest (100 Park Ave. Orange Village, OH 44122), with occasional work-from-home
To Apply
E-mail your resume and cover note, including educational background, employment, and history to:
Jeff Kosek, Jeffrey.kosek@lfg.com
Securities and investment advisory services offered through Osaic FA, Inc., member FINRA/SIPC. Osaic FA is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic FA. CRN-6869718-080624
