Client Advisor (FOS)

Peapack Private Bank & Trust is a well-recognized, high-performing boutique bank; a leader in wealth, lending and deposit solutions, capable of providing the most sought-after products and services that fulfill all of our clients' needs. We offer an innovative approach to private banking to help clients establish, maintain and expand their legacy.

What makes Peapack Private different from our competition? We are an institution that's over 100 years old that has always believed in putting the well-being and needs of our employees and our clients first. We are proud to be recognized for the seventh consecutive year, by American Banker as one of the 'Best Bank to Work For' across the nation. Our secret sauce in one word is our 'culture'. We value a diverse, equitable, inclusive and safe workspace. Our one-team culture goes to great lengths to show all employees that they are valued members of the team. We treat each other as family, and as such, communicate throughout the Bank in a transparent and frequent manner, respect and value feedback from all levels and operate with a philosophy of hospitality and general human kindness.

There are multiple ways to build relationships and get involved; from joining one of our Cultural Ambassador Sub-Committees focused on our Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness, to involvement in multiple community service activities through our Volunteerism outreach, to joining LIFT (a committee focused on enriching the lives of women - Leading Inspiring Females Together). Said quite simply, the culture is amazing!

Position Summary

We are seeking a highly experienced Senior Financial Planner to join the Family Office Services team in proactively supporting the complex wealth management needs of our UHNW clients and their families ($25M+). The Senior Financial Planner is instrumental in analyzing, developing, and implementing a comprehensive financial plan and overall wealth management strategy. Working alongside our highly experienced Lead Relationship Managers (LRM), the Senior Financial Planner will be in frequent and direct communication with the clients.

Responsibilities

• Collaborate with LRMs in the preparation, delivery and implementation of wealth strategies.
• Coordinate with clients' network of professionals, in the implementation of estate, income tax, investment, insurance, and executive compensation planning.
• Contribute to strategic planning discussions involving multi-generational wealth transfer and legacy preservation.
• Research various financial, investment, tax, and estate planning issues.
• Review of quarterly and ad hoc client performance reports, utilizing proprietary software.

Qualifications

• CFP designation.
• Minimum of 10-15 years of experience in financial planning, with a focus on UHNW clients.
• Knowledge of complex wealth management strategies (i.e., estate planning and trust administration, tax planning, inheritance and legacy planning, charitable and philanthropic strategies, etc.).
• Strong analytical and reporting skills; ability to synthesize complex financial data.
• Exceptional communication and collaboration skills.

Desired

• Experience working in a multi-disciplinary wealth management environment.
• Familiarity with family office structures and multi-generational planning.
• Proficient in financial reporting software and AI tools - eMoney, Tamarac, Salesforce, Microsoft Office, Microsoft CoPilot, ChatGPT.

Benefits Overview:

We offer a competitive compensation package, a generous paid time off program, comprehensive medical, dental and vision coverage, maternity/paternity leave, education reimbursement, wellness programs and more. We also offer participation in an Employee Stock Purchase Program and a 401K with a generous match.

The approximate pay range for this position is $97,692 to $150,000, plus an opportunity to earn performance-based incentives. Please note that the pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including, but not limited to knowledge, skills and abilities, as well as geographic location.

Note: Incentives and/or benefits packages may vary depending on the position.