Associate Director, Wealth Advisor

2 weeks ago

Minnetonka, United States Cresset Corporation Full time

About Cresset

Private equity entrepreneurs Eric Becker and Avy Stein founded Cresset Capital Management with a vision to reinvent wealth management and with a firm belief that clients deserve better. Cresset offers individuals and families access to a comprehensive suite of family office services, deeply personalized wealth management, investment advisory, planning, and other services through Cresset Asset Management, an SEC registered Investment Advisor, which has surpassed $40 billion in assets under management. Cresset Partners, our private investing group, offers clients direct access to real estate, private equity, and other investment opportunities. Since Cressets inception in 2017, the firm has grown to over 450 team members in more than 20 offices throughout the United States. Cresset ranks #9 on Barrons list of the top 100 RIA firms in 2023.

Job Description

Cresset is seeking an Associate Director, Wealth Advisor (ADWA) to join Cressets wealth management team. The ADWA provides comprehensive support to our high-net-worth clients by working closely with experienced Wealth Advisors. A successful candidate will be entrepreneurial, able to operate both independently and collaboratively, and must be comfortable supporting relationships and projects with limited direction. This role is ideal for those who wish to develop client advisory skills under the guidance and mentorship of an experienced Wealth Advisory team.

Key Responsibilities

Client Relationships

  • Proactively support the Wealth Advisor (WA) by providing excellent client service and maintaining a high level of client satisfaction
  • Build a strong wealth management acumen with an understanding of Cressets investment philosophy and ongoing general market outlook, portfolio construction and management, goals-based financial planning, risk management, alongside estate, tax and philanthropic planning considerations
  • Prepare client meeting materials; may attend client and / or prospect meetings
  • Manage completion of deliverables from start to finish with the Client Associate and/or various internal and external parties as needed

Financial Planning

  • Assist in the production and maintenance of net worth statements, financial plans, cash flow projections, and wealth forecasting models
  • Where appropriate, attend prospect and client meetings to gather information to create financial plans
  • Review and understand estate documents (entity structures, estate plan, wills, beneficiaries, trustees) and tax returns; collaborate with other internal teams (Wealth Planning, Wealth Strategy, Tax) and external providers as needed
  • Learn and understand current wealth planning trends, legislative developments, and techniques; partner with the Wealth Advisor to enhance client planning

Portfolio Management

  • Review client portfolios and assist in the development, presentation, and implementation of investment recommendations to clients, including portfolio construction, proposals, rebalancing, phase-in planning, and quarterly performance reviews
  • Collaborate with the National Investments Team to apply the firm's best thinking to client portfolios while considering client-specific needs regarding cash flow, taxation, liquidity, risk, and other considerations
  • Assist with the implementation of client portfolio trades, including execution, margin maintenance, and settlement
  • Develop and maintain investment policy statements (IPS)

Operations

  • Coordinate with the Client Associate to ensure tasks and requests are handled, including new client onboarding, account maintenance, new investments, redemptions, transfers, and money movement requests
  • Document client notes, investment changes, and activities in Salesforce
  • Review clients quarterly performance reports and collaborate with Reporting to identify and resolve issues

Education and Experience

  • Bachelors Degree required; strong preference given to MBA, CFA, or CFP professionals or those on track to earn any of these designations
  • Previous work / internship experience in financial services required; 4+ years experience preferred
  • Series 65 license required; unlicensed candidates required to obtain the license within 120 calendar days of employment

Skills and Abilities

  • Highest ethical standards with willingness to learn and comply with SEC and other company required rules and regulations
  • Initiative, problem solving ability, adaptability, and flexibility
  • Effective speaking and presentation ability
  • Excellent writing proficiency and communication skills
  • Strong numerical aptitude
  • Outstanding organizational skills and the ability to prioritize and balance multiple projects simultaneously
  • Ability to work independently over time with limited guidance
  • Coachable with the ability to work in a team environment and independently when necessary
  • Learning and development mindset and drive for continuous improvement
  • Personal commitment to continuing education for professional development and growth
  • Proficient with Microsoft Office suite; knowledge of eMoney, Salesforce, Addepar, and custodial platforms is a plus

What We Offer

At Cresset, we focus on people first. As a service business, our people are our assets. Engaging our clients and employees is our highest priority. As such, Cresset offers a competitive compensation package including an annual incentive and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs. Aligning employee and organizational interests, all employees receive equity in Cresset.

Equal Employment Opportunity

It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Cressets policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.

  • Associate Director, Wealth Advisor

    1 month ago

    Minnetonka, United States Cresset Full time

    About CressetPrivate equity entrepreneurs Eric Becker and Avy Stein founded Cresset Capital Management with a vision to reinvent wealth management and with a firm belief that clients deserve better. Cresset offers individuals and families access to a comprehensive suite of family office services, deeply personalized wealth management, investment advisory,...

  • Associate Director, Wealth Advisor

    4 weeks ago

    Minnetonka, United States Cresset Full time

    About CressetPrivate equity entrepreneurs Eric Becker and Avy Stein founded Cresset Capital Management with a vision to reinvent wealth management and with a firm belief that clients deserve better. Cresset offers individuals and families access to a comprehensive suite of family office services, deeply personalized wealth management, investment advisory,...

  • Associate Director, Wealth Advisor

    4 weeks ago

    Minnetonka, United States Cresset Full time

    About CressetPrivate equity entrepreneurs Eric Becker and Avy Stein founded Cresset Capital Management with a vision to reinvent wealth management and with a firm belief that clients deserve better. Cresset offers individuals and families access to a comprehensive suite of family office services, deeply personalized wealth management, investment advisory,...

  • Associate Director

    2 weeks ago

    Minnetonka, Minnesota, United States UnitedHealth Group Full time

    Responsible for designing, leading, and executing large scale digital transformation programs to deliver significant & measurable improvements in Appeals Business Processes Develop and implement effective/strategic business solutions through research Director, Business, Associate, Business Operations, Remote, Health, Technology, Healthcare

  • Financial Advisor

    4 weeks ago

    Minnetonka, United States Alerus Financial Full time

    We are looking for an established Financial Advisor to join our growing team. Candidate must possess all qualifications listed below to be considered.Position Summary:Financial Advisors are responsible for enhancing existing relationships and developing new business opportunities. Financial Advisors deliver comprehensive financial advice to Alerus clients by...

  • Percussion Ensemble Advisor

    4 weeks ago

    Minnetonka, United States Minnetonka Public Schools Full time

    Position Type: Athletics/Activities Date Posted: 11/3/2023 Location: Minnetonka High School (MHS) Date Available: ASAP Closing Date: Until Filled Season Dates: Current-3/1/24 Job Duties and Responsibilities: Advise individual student participants in the skills necessary for successful performance. Manage and supervise student behavior during...

  • Financial Advisor

    2 months ago

    Minnetonka, Minnesota, United States Alerus Financial Full time

    We are looking for an established Financial Advisor to join our growing team. Candidate must possess all qualifications listed below to be considered.Position Summary:Financial Advisors are responsible for enhancing existing relationships and developing new business opportunities. Financial Advisors deliver comprehensive financial advice to Alerus clients by...

  • Associate Director, Protective Services, Site Security

    4 weeks ago

    Minnetonka, United States UnitedHealth Group Full time

    UnitedHealth Group is a health care and well-being company that's dedicated to improving the health outcomes of millions around the world. We are comprised of two distinct and complementary businesses, UnitedHealthcare and Optum, working to build a better health system for all. Here, your contributions matter as they will help transform health care for years...

  • Associate Financial Director

    2 months ago

    Minnetonka, United States UnitedHealth Group Full time

    Monthly close reporting - engage with business partners to accurately identify and summarize key metrics during/after monthly close Functional SME engaging in integration activities Establish and manage process for Forecasting/ Budget, including fina Director, Financial, Associate, Health, Business Partner, Banking, Healthcare

  • 2023-24 Percussion Ensemble Advisor

    1 month ago

    Minnetonka, United States Minnetonka Public Schools Full time

    Position Type:Athletics/ActivitiesDate Posted:11/3/2023Location:Minnetonka High School (MHS)Date Available:ASAP Closing Date: Until Filled Season Dates: Current-3/1/24Job Duties and Responsibilities: Advise individual student participants in the skills necessary for successful performance. Manage and supervise student behavior during activity events....

  • 2023-24 Percussion Ensemble Advisor

    4 weeks ago

    Minnetonka, United States Minnetonka Public Schools Full time

    Position Type:Athletics/ActivitiesDate Posted:11/3/2023Location:Minnetonka High School (MHS)Date Available:ASAP Closing Date: Until Filled Season Dates: Current-3/1/24Job Duties and Responsibilities: Advise individual student participants in the skills necessary for successful performance. Manage and supervise student behavior during activity events....

  • 2023-24 Musical Assistants and Advisors

    2 months ago

    Minnetonka, Minnesota, United States Minnetonka Public Schools Full time

    Position Type:Athletics/Activities/Club-MusicalsDate Posted:9/8/2023Location:Minnetonka High School (MHS)Date Available: School Year Closing Date: Until Filled Season Dates: School Year, Performances and Rehearsals will vary per productionPositions Available: Choreographer Costume Designer Lighting Designer Set Designer Sound Designer Stage ManagerJob Duties...

  • 2023-24 Musical Assistants and Advisors

    4 weeks ago

    Minnetonka, Minnesota, United States Minnetonka Public Schools Full time

    Position Type:Athletics/Activities/Club-MusicalsDate Posted:9/8/2023Location:Minnetonka High School (MHS)Date Available: School Year Closing Date: Until Filled Season Dates: School Year, Performances and Rehearsals will vary per productionPositions Available: Choreographer Costume Designer Lighting Designer Set Designer Sound Designer Stage ManagerJob Duties...

  • Associate Director of Accounting

    4 days ago

    Minnetonka, United States UnitedHealth Group Full time

    Managing people and setting direction: Cultivates team engagement for IAT and the OGA team members located in India Executes on goals and objectives for the team that align to the controllership goals as well as supports new business initiatives Lead Accounting, Director, Associate, Remote, Health, Operations, Healthcare

  • 2024-25 Student Leadership Advisor

    4 weeks ago

    Minnetonka, Minnesota, United States Minnetonka Public Schools Full time

    Position Type:Athletics/Activities/Club-Student GovernmentDate Posted:5/3/2024Location:Minnetonka Middle School East (MME)Date Available: School Year Closing Date: Until Filled Season Dates: School YearJob Duties and Responsibilities: Advise individual student participants in the skills necessary for successful performance. Manage and supervise student...

  • 2024-25 Student Leadership Advisor

    1 month ago

    Minnetonka, Minnesota, United States Minnetonka Public Schools Full time

    Position Type:Athletics/Activities/Club-Student GovernmentDate Posted:5/3/2024Location:Minnetonka Middle School East (MME)Date Available: School Year Closing Date: Until Filled Season Dates: School YearJob Duties and Responsibilities: Advise individual student participants in the skills necessary for successful performance. Manage and supervise student...

  • 2024-25 Student Leadership Advisor

    4 days ago

    Minnetonka, United States Minnetonka Public Schools Full time

    Position Type:Athletics/Activities/Club-Student GovernmentDate Posted:5/3/2024Location:Minnetonka Middle School East (MME)Date Available:2024-25 School Year Closing Date: Until Filled Season Dates: 2024-25 School YearJob Duties and Responsibilities: Advise individual student participants in the skills necessary for successful performance. Manage and...

  • Associate Director Sourcing Procurement

    1 month ago

    Minnetonka, United States UnitedHealth Group Full time

    Develop, lead, and execute category management, sourcing/ R - Fx, vendor management and financial analysis efforts across the Enterprise in Marketing Print and other indirect spend categories as assigned Review, develop, redline, and negotiate comple Director, Sourcing, Procurement, Associate, Remote, Health, Healthcare, Business Services

  • 2023-24 Musical Assistants and Advisors

    1 month ago

    Minnetonka, United States Minnetonka Public Schools Full time

    Position Type:Athletics/Activities/Club-MusicalsDate Posted:9/8/2023Location:Minnetonka High School (MHS)Date Available:2023-24 School Year Closing Date: Until Filled Season Dates: 2023-24 School Year, Performances and Rehearsals will vary per productionPositions Available: Choreographer Costume Designer Lighting Designer Set Designer Sound Designer Stage...

  • 2023-24 Musical Assistants and Advisors

    4 weeks ago

    Minnetonka, United States Minnetonka Public Schools Full time

    Position Type:Athletics/Activities/Club-MusicalsDate Posted:9/8/2023Location:Minnetonka High School (MHS)Date Available:2023-24 School Year Closing Date: Until Filled Season Dates: 2023-24 School Year, Performances and Rehearsals will vary per productionPositions Available: Choreographer Costume Designer Lighting Designer Set Designer Sound Designer Stage...