About the Job:
In support of Strategic Planning Strategies’ subscribers and their high-net-worth clients, the Wealth Planning Analyst will be a dedicated resource and member of the client-facing Sophisticated Planning Strategies team. Acting in a specialist capacity, the role entails utilizing advanced planning knowledge in the U/HNW space, including strong high-net-worth planning expertise and advanced insurance planning knowledge; providing top-tier, highly customized financial planning and insurance strategies and expertise to advisors and their valued prospects and clients. The role will support SPS’s expanded insurance services and requires the ability to evaluate and integrate sophisticated insurance solutions within a client’s broader estate, tax, business succession, executive compensation, and wealth planning objectives. The Wealth Planning Analyst regularly collaborates with other financial professionals (i.e., Attorney, CPA) within the SPS team on opportunities to solve for the complex needs of our advisors’ clients. Key elements of success in the role include strong consultative and communication skills, advanced HNW and insurance planning acumen, and the ability to work well in a team environment.
What You'll Do:
Collaboration with team members and Private Client Group advisors to build financial plans with an emphasis on estate planning, business succession, tax optimization, executive compensation, risk mitigation, and advanced insurance planning strategies.
Provide in-depth case consultation, review of legal, tax, financial, and insurance documentation, as well as integrated strategy design.
Analyze clients’ current financial situation and model recommended advanced planning concepts, including sophisticated life insurance strategies, utilizing internal and external software.
Regularly present strategies and solutions to advisors and their clients; applying strong influencing skills to enable client decision making and implementation.
Build and leverage relationships with internal stakeholders to address unique client circumstances to ensure appropriate and timely delivery of financial recommendations.
Exhibit empathy and emotional intelligence to understand and address client concerns effectively.
Ensure timely responses to client inquiries and issues, demonstrating a strong commitment to client satisfaction.
What You'll Bring to the Role:
Bachelor’s degree, preferably in Business, Financial Planning, Finance, Economics or Accounting.
Minimum of eight years of financial planning experience, with strong High-Net-Worth planning knowledge and experience highly desired.
CERTIFIED FINANCIAL PLANNER™ designation required.
Series 6 or 7 required or obtained within the first 180 days of hire.
State of residence insurance license required or obtained within first 180 days of hire.
Proven experience in developing comprehensive financial plans and effectively presenting tailored recommendations to clients.
Strong knowledge of life insurance products and advanced insurance planning solutions, including the ability to assess how insurance strategies integrate with HNW estate, tax, business succession, executive compensation, and wealth transfer objectives, required. Knowledge of Northwestern Mutual products is preferred.
Strong consultative, communication, and analytical skills.
Demonstrated advanced planning knowledge across tax optimization, estate and legacy planning, business succession and exit planning, and insurance-based planning for HNW and ultra-high-net-worth clients; willingness to continue deepening expertise as SPS expands its insurance services.
Strong interpersonal skills and ability to effectively collaborate with colleagues, clients, and stakeholders from various backgrounds and with different communication styles.
Outstanding written and verbal communication skills with a client-oriented approach to articulate complex financial information and concepts to clients with varying levels of financial…