Client Advisor III

Company Overview:

Peapack Private Bank & Trust is a leader in wealth, lending and deposit solutions. At Peapack Private, our clients are cared for by a single point of contact and are served by empowered employees who consistently go above and beyond to provide exceptional service and offer a boutique private banking experience.

What makes Peapack Private different? We are an institution 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 Banks to Work For" across the nation. In addition, we were selected as Crain's Best Places to work in NYC for our inaugural year, 2024. Our secret sauce in one word is our 'culture'.

At Peapack Private, we value a diverse and inclusive workspace, deeply committed to growing leaders at all levels of the organization thorough mentorship, career pathing, and professional development. There are multiple ways to build relationships and get involved - from joining our Cultural Ambassador Committee focused on areas like Wellness, Fun, Inclusion, or Environmental Awareness - to involvement in community service activities through Volunteerism. Said quite simply, the culture and the people who work here are amazing!

Department Overview:

Peapack private wealth management includes investment management services provided for individuals and institutions, personal trust services (including services as executor trustee administrator custodian and guardian), and other financial planning tax preparation and advisory services. officers from Peapack private wealth management division are available to provide wealth management and trust and investment services at the bank's headquarters in Bedminster and at all private banking locations.

Position Overview:

Exciting opportunity within a fast-growing wealth management firm. Seeking a client-focused professional with a strong wealth advisory background to be an integral team member within the Family Office Services division of the organization. Peapack Private Family Office Services provides integrated and objective financial, investment, and tax advice primarily for ultra-high net worth individuals and their families. Sophisticated client base built from one of Worth Magazine's top 100 Financial Advisors.

Key Responsibilities:

• Develop and manage HNW and UHNW client relationships.
• Ownership and responsibility for client meetings, communications and relationship management including various meeting follow-up items.
• Preparation and review of financial schedules and presentations for meetings with client base, including Statement of Net Worth, Investment Asset Allocation, Stock Award, and other performance related schedules.
• Collaborate with the firm's investment team and portfolio managers to ensure client portfolios are managed in-line with planning objectives.
• Implements and assists with the oversight of clients' investment management process.
• Knowledge and ability to prepare analyses on the elements of a financial plan including, risk, investment, tax, and estate planning.
• Research various financial, investment, tax and estate planning issues.
• Review of quarterly and ad hoc client performance reports utilizing proprietary performance software, Morningstar Advisor, eMoney and Tamarac.
• Identify and develop new business opportunities.
• Deliver extraordinary client service through professional excellence, the highest ethical standards, and the effective use of available resources.

Qualifications:

• Bachelor's degree in business/finance/accounting or equivalent work experience.
• Minimum of ten years' experience working in a wealth management, tax and financial services or similar industry, with specific focus on ultra-high net worth clients.
• Knowledge of securities and wealth management operations, systems, compliance, and administrative responsibilities.
• Ability to interact effectively and tactfully with internal and external clients of all levels, both in person and via telephone.
• Experience and expertise in Microsoft Excel, Word, Outlook, and PowerPoint.
• Excellent oral and written communication skills.
• Must be an organized, independent, and detail-minded individual. Critical thinking is essential.
• Proficiency in gathering financial information and inputting data into financial planning models and schedules.
• Continually seeks to educate oneself and stay abreast of industry developments and process enhancements.
• Assists other team members and demonstrates teamwork and leadership.
• Proven ability to manage multiple priorities and meet deadlines.
• Prior experience with tax and financial planning software/models (e.g. eMoney).
• Previous exposure to a financial advisor and/or tax preparation environment.
• CPA, CFP, or MBA credential attained or other advanced designation.

Benefits Overview:

We offer a competitive compensation package, a generous paid time off program, comprehensive medical, dental and vision coverage, maternity/paternity leave, a hybrid work environment (for most roles), 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 $147,700 to $193,100, 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.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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