Senior Wealth Planner

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 individual 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:

The Senior Wealth Planner is a Certified Finance Planner professional and is the primary client contact responsible for maintaining the client financial planning relationship.

The SWP manages all aspects of the financial planning engagement and works in tandem with the client Portfolio Manager in addition to coordinating with Wealth Planners, Advisors and Analysts.

SWP's can manage all functions including those of the Wealth Planner and Wealth Analyst.

Key Responsibilities:

• Client Relationship Management




• Act as a fiduciary on behalf of the client in all advisory related matters.
• Act as a primary client contact on all financial planning related inquiries and projects.
• Maintain regular communication with clients.
• Manage and present results of planning projects.
• Document all client communication utilizing CRM to keep the client team informed and ensure that all client related tasks are completed in a timely fashion.
• Lead client calls and meetings and manage the follow up process.
• Maintain communication with Wealth Advisors, where clients are shared.




• Financial Planning




• Manage all client planning related projects from inception to completion.
• Manage the financial planning process, coordinating scheduled, workload, client outreach, and final delivery of all planning related reporting, analyses, and services.
• Responsible for performing financial planning research and designing solutions to client specific planning needs.
• Annually or as needed conduct client review to identify planning opportunities and resolve outstanding planning issues.
• Review tax, insurance, and estate planning documents, identify, and communicate planning opportunities to mitigate risks associated with each facet of client interaction.
• Maintain current industry and planning knowledge through attendance at seminars and industry presentations.




• Supervisory general and administrative




• Develop and coach the wealth planners. Manage workload and provide opportunities for client contact and communication.




• Success Factors




• Develop and maintain strong long term client relationships success determined by high client retention and referral generation.
• Develop new skills and deepen existing ones.
• Assist clients in achieving planning objectives over time.
• Successfully demonstrate deep team of planning professionals by leveraging wealth planners where appropriate
• Build valuable relationships with COI's and outside client advisor relationships where appropriate.




• Position Goals




• Maintain CFP certification.
• Develop in-house expertise in a variety of planning related disciplines.
• Develop efficient planning processes and team functions.
• Create Market identity and presence through networking/online and social media outlets, where appropriate.

Qualifications:

• Experience & Education




• CFP certification
• Bachelor's Degree
• 5+ years experience in business/finance or equivalent experience




• Skills and Knowledge




• Demonstrate ability to build strong relationships and work with diverse personalities.




• Strong verbal and written communication skills
• Detail oriented with strong organizational skills.
• Proven ability to manage multiple priorities and meet deadlines.
• Strong problem-solving skills.
• Demonstrate integrity and ability to maintain confidentiality.
• Demonstrate professional demeanor.
• Proficient in Microsoft Office.
• Knowledge of CRM and/or portfolio management system preferred.

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 $97,692 to $127,000, 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.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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