Bank Of America Executive Wealth Strategist 

United States, North Carolina, Charlotte 

741376390

Responsibilities:

• Leads the wealth planning engagement process with clients from start to finish
• Works with Wealth Strategy Specialists and/or Wealth Strategy Analysts to gather information, run analyses, and develop planning solutions based on these analyses
• Develops holistic, integrated planning strategies for clients with a focus on how Bank of America can help implement those strategies in concert with the clients’ advisors where appropriate
• Expands existing client relationships and assists Advisors in new business opportunities with high- or ultra-high net worth clients and prospects who are interested in wealth planning
• Demonstrates advanced technical knowledge across a broad range of wealth planning topics such as trust and estate planning, income and wealth transfer tax planning, investments, retirement planning and cash flow modeling, sale of business entities, and philanthropic planning
• Stays up-to-date with major developments in trust, estate/wealth transfer and financial planning, while following current and proposed tax legislation and understanding the impact on clients
• Builds a network with local centers of influence to create a business referral network of clients who would benefit from the bank's services Responsible for gathering information about company benefits, equity plans, and retirement plans and educating the advisor teams about each corporate client’s plans.
• Conducts interviews with eligible executives to understand their financial profile, goals, and priorities to match them with a suitable advisor team to deliver wealth management solutions Complements the company annual enrollment by providing education to eligible participants about maximizing the impact of the company provided benefits
• Provides high level guidance on tax implications of benefits participation and the consequences of equity compensation plans
• Assists in developing and executing marketing and sales efforts, including speaking at seminars and authoring articles for publication Assists in developing and executing marketing and sales efforts, including speaking at seminars and authoring articles for publication
• Understands the enterprise offerings across Financial Life Benefits to make appropriate introductions for expanded corporate offerings if warranted
  

Desired Qualifications:

• Minimum 10 years of planning-related work experience
• Gain client's respect and trust by listening to the client's goals and then building an effective and creative strategy for achieving those goals.
• Advanced understanding of a wide range of subject matters including income taxation, equity compensation, elective deferred compensation plans, insurance, investments and cash flow modeling, and broad executive compensation topics.
• Advanced understanding of the transfer tax system and core tax savings strategies such as irrevocable trusts, SIDGTs, and GST trusts.
• Advanced understanding of charitable and non-charitable split interest trusts (CRTs, CLTS, GRATs, QPRTs).
• Expand existing client relationships, assist advisors in new sales, and represent the firm in the marketplace.
• Word, Excel, and PowerPoint.
• Various Wealth Strategy stochastic models and planning software such as WealthMaster.

Critical Thinking

Oral Communications

Presentation Skills

Wealth Planning

Written Communications

Active Listening

Issue Management

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

: JD, CPA, or CFP a plus

1st shift (United States of America)