Wealth Planning Analyst, HNW Planning

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 literacy.
• Proven ability to develop trusting relationships with financial advisors and colleagues.
• Advanced skills with financial planning software and/or excel desired.
• Exhibit a team player and growth mindset
• Skills You Have: Adaptive Communication - Formulates strategies to be used to convey complex information about services, products, systems, or processes to targeted audiences; communicates and liaises between technical and non-technical audiences.
• Attention to Detail - Focuses on specific details to spot and correct errors in advance of them being found and surpass quality expectations. Performs work with thorough proofreading for presentation, content, accuracy, and overall quality.
• Consulting - Connects with stakeholders to understand and gain specific information to help resolve customer problems in a given domain. Communicates effectively intent to customers, solicits customer requirements, utilizes domain knowledge and collaborates with the right stakeholders.
• Customer Centricity - Translates customer feedback, needs, and pain points into requirements and insights that guide the design and continuous improvement of solutions, services, processes, and experiences. Evaluates outcomes against defined customer and business measures and adjusts approaches based on evidence.
• This position has been classified as a Registered Representative under NMIS guidelines and requires fingerprinting.Series 6 - FINRA, Series 7 - FINRA

Geographic Specific Pay Structure:

Structure 110:

$130,880.00 USD - $196,320.00 USD

Structure 115:

$136,800.00 USD - $205,200.00 USD

We believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you’re living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.

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