Wealth Planning & Advice is a group of experts in trusts & estates, tax planning, financial planning and planning in related areas for individuals and their entities (operating businesses, private foundations, etc.). Our role is to work with advisors and their clients to educate them about wealth planning opportunities both simple (e.g., asset titling, beneficiary designations) and complex (e.g., GRATs, split-interest trusts). We provide intellectual capital to clients across the wealth continuum and will work one-on-one with clients in appropriate circumstances. Familiarity with the taxation of entities and of estates and trusts is also useful but not required. Knowledge of issues relating to securities-based compensation (restricted stock, employee stock options, performance share units, etc.), pre-liquidity planning, and concentrated position management (such as 10b5-1 plans, derivative-based transactions, and exchange funds) will also be a plus.
As the Executive Director, Wealth Planner within J.P. Morgan Wealth Management, you will leverage your deep understanding of tax and trust & estate laws to communicate complex information in a simple, non-technical manner to both clients and advisors, as well as field leadership. You will adopt a goal-oriented approach when engaging with clients, which involves familiarizing yourself with the various investment, banking, and lending products and platforms available to our advisors across J.P. Morgan Wealth Management. This knowledge will enable you to identify issues and opportunities for client engagement. Additionally, you will collaborate with field management to develop regional strategies and provide guidance on their execution. A natural curiosity for people, planning, and the wealth management industry, along with independent initiative and responsiveness, are essential qualities for success in this role.
Job Responsibilities:
- Work with divisional leadership and WP&A leadership to develop and present content across different wealth management topics.
- Serve as a resource to the JPMWM field in the areas of both simple and sophisticated tax and trust & estate planning strategies as well as in concentrated position management, corporate executive services, and pre-liquidity transaction planning.
- Partner with field leadership and Practice Management to integrate estate and tax planning concepts into goals-based advice.
- Maintain up-to-date knowledge of both federal and state tax laws relating to our areas of focus.
- Promote J.P. Morgan’s knowledge and sophistication to outside centers of influence, primarily accountants and attorneys.
- Work with Advisors to develop business opportunities with new and existing clients.
- Provide unbiased comprehensive and customized wealth planning advice to clients and prospective clients.
- Work with individuals across the entire wealth spectrum and have experience with tax and wealth transfer strategies.
- Actively participate in team discussions to proactively propose planning ideas and industry trends that can be shared with the field.
- Travel to local and out of state branches, as needed.
Required qualifications, capabilities, and skills:
- 4-year college degree and either J.D, LLB, CPA or CFP
- 7 plus years of practice as a trusts & estates lawyer, tax advisor, or financial planner
- Knowledge of issues relating to securities-based compensation (restricted stock, employee stock options, performance share units, etc.), pre-liquidity planning, and concentrated position management (such as 10b5-1 plans, derivative-based transactions, and exchange funds.
- Must be comfortable working with individuals across the entire wealth spectrum and have experience with tax and wealth transfer strategies; familiarity with financial planning, investments, and corporate executive issues.
- Ability to drive business results with broad background in trust and estate planning issues.
- A strong self-motivated individual who can work closely with Advisors without daily contact with a direct manager.
- Strong presentation skills in one-on-one and group meetings
- Experience and ability in understanding clients’ financial situations and personal circumstances
- Must be able to coach colleagues, Financial Advisors and clients (very strong partnership skills)
- Individual with high ethical standards who never sacrifices integrity and works in the clients’ best interest
Preferred qualifications, capabilities, and skills:
- Series 7 & 66 required (may be fulfilled within 4 months of assuming role)
- Familiarity with financial planning, investments, corporate executive issues and concentrated stock management is a plus
- 10b5-1 plans, derivative-based transactions, and exchange funds, and concentrated stock management is a plus
- Experience with financial planning software a plus
FEDERAL DEPOSIT INSURANCE ACT:
This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase’s review of criminal conviction history, including pretrial diversions or program entries.