Description
Advise high- and ultra-high-net-worth clients on comprehensive wealth management, integrating tax-aware investment strategy, estate and trust coordination, risk management, insurance, and liquidity planning. Assess clients’ assets, liabilities, entities, cash flow, tax status, and goals; construct and manage portfolios; and coordinate with external advisors. May exercise discretionary authority to buy and sell assets.
- • Analyze client financials, entities, and concentrated positions to design multi-asset strategies.
- • Answer client questions on wealth plans, portfolios, taxes, and estate implications.
- • Interview clients to document income, expenses, trusts, tax status, risk tolerance, and legacy goals.
- • Implement wealth plans and coordinate execution with custodians, attorneys, CPAs, and private bankers.
- • Prepare and explain performance reports, allocation reviews, cash-flow models, and tax-aware projections.
- • Guide clients in gathering K-1s, trust documents, insurance policies, wills, and partnership agreements.
- • Conduct periodic reviews to capture life events, liquidity needs, and market changes.
- • Collaborate with estate planners, tax advisors, trust officers, and philanthropic consultants.
- • Develop liability strategies, including securities-based lending and tax-efficient debt reduction.
- • Open and service investment, brokerage, and trust accounts; manage onboarding, funding, and transfers.
- • Lead seminars on liquidity events, concentrated stock strategies, estate techniques, and philanthropy.
- • Advise on charitable giving, donor-advised funds, and charitable trusts; execute tax-loss harvesting.
- • Evaluate and recommend alternative and private market investments consistent with suitability.
- • Recommend cash management, risk management, insurance, and asset protection solutions.
- • Rebalance portfolios and update investment policy statements to reflect goals and constraints.
- • Exercise or recommend discretionary trades within mandates; monitor exposures and risk metrics.
- • Build, grow, and retain a book of HNW and UHNW clients through referrals and business development.
- • Explain fiduciary duty, services, fees, and conflicts; document client consents and decisions.
- • Conduct due diligence on managers, funds, structured products, and direct investments.
- • Monitor markets, macro trends, and tax or regulatory changes to adjust strategies.
- • Recommend diversified investment products, including equities, fixed income, funds, alternatives, and insurance.
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Financial Services
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O*NET occupational data (work activities, skills, knowledge).
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Last reviewed: Jan 2026
