Relationship Manager - Wealth Management - HNI Segment - Banking

Relationship Manager for wealth management

- Candidate should be HNI Acquisition mainly.

- Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.

- Answer clients' questions about the purposes and details of financial plans and strategies.

- Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.

- Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.

- Implement financial planning recommendations or refer clients to someone who can assist them with plan implementation.

- Review clients' accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment.

- Manage client portfolios, keeping client plans up-to-date.

- Contact clients periodically to determine any changes in their financial status.

- Prepare or interpret for clients information such as investment performance reports, financial document summaries, or income projections.

- Recruit and maintain client bases.

- Explain to clients the personal financial advisor's responsibilities and the types of services to be provided.

- Investigate available investment opportunities to determine compatibility with client financial plans.

- Guide clients in the gathering of information, such as bank account records, income tax returns, life and disability insurance records, pension plans, or wills.

- Monitor financial market trends to ensure that client plans are responsive.

- Recommend financial products, such as stocks, bonds, mutual funds, or insurance.

- Meet with clients' other advisors, such as attorneys, accountants, trust officers, or investment bankers, to fully understand clients' financial goals and circumstances.

- Devise debt liquidation plans that include payoff priorities and timelines.