UBS Financial Services Associate Wealth Strategist in Chicago, Illinois
Are estate and tax planning your passion? Does planning analysis motivate you? We’re looking for someone like that who can:
•independently review estate planning documents (e.g., Wills, Living Trusts, Irrevocable Trusts) to create a current estate analysis.
•develop sophisticated financial private plans including: the current net worth, current cash flows (financial independence and survivor) and current estate flows
•perform research on client issues, administer various projects, and build various wealth transfer strategy collateral for client materials.
What we offer:
Together. That’s how we do things. We offer people around the world a supportive, challenging and diverse working environment. We value your passion and commitment, and reward your performance.
Keen to achieve the work-life agility that you desire? We're open to discussing how this could work for you (and us).
Take the next step:
Are you truly collaborative? Succeeding at UBS means respecting, understanding and trusting colleagues and clients. Challenging others and being challenged in return. Being passionate about what you do. Driving yourself forward, always wanting to do things the right way. Does that sound like you? Then you have the right stuff to join us. Apply now.
Disclaimer / Policy Statements:
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.
As an Associate Wealth Strategist, you work with the firm’s Advanced Planning group to support the firm as an internal resource on estate planning, tax planning, philanthropy and cash flow/retirement planning for the firm’s ultra-high net worth clients with a minimum investible assets of $20 million. You will work directly with Senior Wealth Strategists to support their client facing work. On a limited and as needed basis, you will assist the Senior Wealth Strategist with client meetings. The candidate may grow the position into a client facing one, as experience and expertise
You will also support the Advanced Planning team’s Center of Excellence, which coordinates internal and external intellectual capital in the estate planning, tax, philanthropy and insurance planning worlds. Including co-authoring articles with senior team members
Your experience and skills:
•approximately 3-5 plus years of prior experience working at a financial, accounting or law firm which provides the individual with relevant experience.
•advanced degree or designation strongly desired (e.g., CFP, Paralegal certificate/degree, CPA, JD)
•active Series 7 and 66 licenses (or are required to obtain them within 90 days of hire)
•a high level ability to assimilate various complex personal financial information (tax returns, investment statements, incentive benefits, employee benefits and compensation, life insurance policies, business interests, qualified and nonqualified retirement plan information, pension and annuity information, social security, deferred compensation information, related retirement and benefits data, incentive and non-qualified stock option and restricted stock information).
•able to review basic estate planning documents and summarize the documents.
•exposure and experience with the following areas, techniques and strategies: personal income, estate, gift, and trust tax disciplines, advanced wealth transfer planning techniques such as Grantor Retained Annuity Trusts, Qualified Personal Residence Trusts, Family Limited Partnerships, Defective Grantor Trusts, Irrevocable Life Insurance Trusts, Charitable Remainder Trusts, Charitable Lead Trusts, Private Foundations, Generation-Skipping Transfer Tax, review of investment portfolio for asset allocation, planning with concentrated stock positions, incentive benefits, non-qualified stock options, incentive stock options, and restricted stock
Expert advice. Wealth management. Investment banking. Asset management. Retail banking in Switzerland. And all the support functions. That's what we do. And we do it for private and institutional clients as well as corporations around the world.
We are about 60,000 employees in all major financial centers, in more than 50 countries. Do you want to be one of us?
Job Reference #: 168410BR
Business Divisions: Wealth Management Americas
Title: Associate Wealth Strategist
Job Type: Full Time
Country / State: United States - Illinois
Function Category: Sales and trading