Wealth Advisor II

Company: City National Bank
Location: Beverly Hills
Posted on: April 2, 2025

Job Description:

WEALTH ADVISOR IIWHAT IS THE OPPORTUNITY?Partners with Relationship Managers in providing integrated financial services advice to clients including: investment management, trust and estate planning, insurance services and brokerage. Takes a lead role in managing investment services for entertainment relationships by planning, delivery, and regular review with clients. Partners in closing new business, developing new relationships, and servicing existing wealth management clients through research, analysis, and client interactions.What you will do

• Partner with Entertainment Banking colleagues and business managers in developing new relationships.
• Create opportunities to develop and promote ideas to promote new business, cross sell to existing clients, and increase referrals and assets under management.
• Identify/Profile with specific emphasis on discovering investment related needs and solutions in collaboration with the Entertainment Banking colleagues and City National Securities (CNS) licensed colleague.
• Assist in establishing new business sales calls and attend Entertainment Banking sales meetings and presentations.
• Lead discussions about all aspects of CN's investment management and trust services and be the primary point of contact for all new business related matters.
• Take a lead role in managing investment services by planning, delivery, and regular review with clients.
• Communicate and provide regular updates on all client communications to Entertainment team and to line of business partners.
• Proactively communicate with clients about current conditions in the financial markets and make necessary adjustments to their investment strategies. Review asset management and CNS Brokerage statements with clients. Communicate strategic shifts in the marketplace.
• Team effectively with CNB colleagues to set strategies and provide wealth management services across the full product spectrum.
• Analyze financial needs of clients and monitor their ongoing financial and personal circumstances to make adjustments or take action accordingly.
• Responsible for the overall on-boarding process and maintenance of new accounts.
• Ensure all client materials/presentations are prepared and analyzed.
• Ensure that relationship plans have been developed, implemented, and reviewed regularly.
• Provide on-going communication to client regarding adjustments or actions that should be taken.
• Structure client investment portfolios and rebalance alignment of asset allocation with client's investment objectives and risk tolerance (in partnership with Portfolio Manager).
• Review the assets in each account regularly to ensure that investments meet the intent and strategies of the client.
• Prepare client reviews in partnership with City National Rochdale and City National Securities.
• Responsible for the preparation and delivery of client review materials ensuring investment policy statements are accurate with current client strategy.
• Execute regular reviews with Portfolio Manager or City National Securities Broker.
• Keep current on client's financial information while ensuring that clients understand the solutions being provided.
• Maintain all appropriate training and continuing education requirements for licenses and certifications.Must-Have*

• Bachelor's Degree or equivalent
• Minimum of 7 years' experience working at a brokerage/wire house firm, investment management and trust firm, or registered investment advisory firm.
• Minimum 7 years' experience with Microsoft Office software and financial database application.
• Series 7 and 66 licenses
• CFA preferred or working towardsSkills and Knowledge
  • Advanced knowledge of marketable securities, investment products and financial planning concepts.
  • Ability to work with advanced financial modeling software (Galaxy, E-Money, Morningstar).
  • Basic understanding of tax, estate planning, and insurance, especially in how they relate to investments.
  • Strong interpersonal, verbal and written communication skills.
  • Able to work independently with deadlines, as well as part of a team.
  • Excellent command of career and work environment professionalism.
  • High attention to detail.
  • Aptitude for business writing.
  • Ability to exercise professional judgment to prioritize and complete tasks.CompensationStarting base salary: $111,408 - $189,738 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.*To be considered for this position you must meet at least these basic qualificationsThe preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.Benefits and PerksAt City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our .ABOUT CITY NATIONALCity National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.*City National Bank does business in Miami and the state of Florida as CN Bank.For more information about City National, visit .EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATIONCity National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.
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Keywords: City National Bank, Beverly Hills , Wealth Advisor II, Other , Beverly Hills, California