Private Wealth Client Services Associate

4 weeks ago

Reston, Virginia, United States Cresset Full time
About Cresset

Cresset is a pioneering, independent, multi-family office and private investment firm that is revolutionizing the way individuals experience wealth. Our mission is to provide unparalleled access to top talent, innovative ideas, and investment opportunities, mirroring those available to the largest single-family offices and endowments. With a strong focus on personalized wealth management, investment advisory, and family office services, Cresset Asset Management, an SEC-registered investment advisor, has surpassed $50 billion in assets under management, solidifying our position as a leader in the industry.

Job Summary

We are seeking an Associate, Private Wealth Client Services, with 1-2+ years of experience in managing the administrative and private banking needs of high net worth and ultra-high net worth clientele. As a primary point of contact for clients, you will collaborate with a portfolio manager to build strong relationships and drive retention and growth by delivering an exceptional client experience.

Key Responsibilities
  • Manage client relationships across multiple custodial platforms
  • Act as the primary lead for client onboarding, investment implementation, and private banking services
  • Develop and implement customized onboarding experiences for high net worth clients
  • Transfer and reconcile assets from contra firms
  • Implement new investment strategies and hire managers as directed by the advisor
  • Prepare client subscription and redemption documents related to alternative investments
  • Manage client billing, including assigning attributes, setting start and end dates, and raising cash
  • Assist with client inquiries regarding inflows and outflows
  • Establish lines of credit and margin
  • Establish 529 accounts
  • Manage client donor-advised and charitable distributions
  • Attend quarterly client portfolio review meetings as needed
  • Serve as a liaison between Cresset and client CPAs and attorneys
  • Manage tax document facilitation with client CPAs
  • Identify new technologies and opportunities to enhance the client experience and promote internal scalability
Requirements and Characteristics
  • Bachelor's degree in Business, Finance, or a related field or equivalent industry experience
  • 1-2+ years of financial services experience working with ultra-high net worth clients
  • Knowledge of Fidelity and Schwab custodial platforms is a plus
  • Ability to operate in a dynamic and fast-paced environment is essential
  • Approach problems with creativity, innovation, and tenacity
  • Possess a strong sense of urgency
  • Think strategically and operate independently
  • Multitask to successfully manage multiple assignments simultaneously
  • Evaluate and prioritize tasks to meet deadlines
  • Organize and create structure for client relationships
  • Collaborate and provide meaningful input to the team
  • Adapt, improvise, and overcome challenges
  • Quickly and efficiently process and absorb information
  • Strong attention to detail to achieve thoroughness and accuracy when accomplishing a task
  • Establish and maintain positive working relationships with clients, peers, CPAs, attorneys, and other professionals
  • Proactively approach problem-solving with strong decision-making capability
  • Proven ability to handle confidential information with discretion and demonstrate the highest level of client service, ethics, and integrity
  • Excellent communication skills, both written and verbal
  • Proficient in the use of Salesforce, Microsoft Office programs including Word, Excel, PowerPoint, and Outlook
What We Offer

At Cresset, we prioritize our people and focus on creating a work environment that fosters engagement and growth. Our competitive compensation package includes an annual incentive and a comprehensive benefits program, 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. All employees receive equity in Cresset, aligning our interests and promoting a sense of ownership and responsibility.

Equal Employment Opportunity

Cresset is committed to ensuring equal employment opportunity for all employees and applicants without regard to race, color, religion, sex, pregnancy, national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information, or any other characteristic protected by applicable federal, state, or local law. We strive to create an inclusive environment that values diversity and promotes opportunities for growth and development.

  • Wealth Management Associate

    2 weeks ago

    Reston, Virginia, United States CogentBlue Wealth Full time

    About CogentBlue WealthWe're a financial services company built on trust, experience, and meaningful relationships. Our approach is centered around getting to know our clients personally to guide them through their financial journey with care and understanding.With over $600M in assets for 125 clients worldwide, we act as their Private CFO, providing...

  • Wealth Advisor Associate

    1 month ago

    Reston, Virginia, United States Buckingham Strategic Wealth Full time

    Associate Wealth AdvisorBuckingham Strategic Wealth is seeking a highly motivated and detail-oriented Associate Wealth Advisor to join our team. As an Associate Wealth Advisor, you will play a critical role in supporting our Wealth Advisors in delivering exceptional client service and building strong relationships with our clients.Key...

  • Client Services Liaison

    4 weeks ago

    Reston, Virginia, United States GemHarvest Executive Recruiting Full time

    Client Service AssociateMulti-billion Independent Wealth Management FirmOverviewWe are seeking a highly motivated and detail-oriented Client Service Associate to join our team at GemHarvest Executive Recruiting. As a key member of our client services team, you will be responsible for providing exceptional support to our clients and advisors, ensuring...

  • Wealth Management Paraplanner

    4 weeks ago

    Reston, Virginia, United States Heritage Wealth Management, Inc. Full time

    Job Title: Paraplanner/Associate AdvisorJob Summary:Heritage Wealth Management, Inc. is seeking a motivated and detail-oriented Paraplanner/Associate Advisor to join our team. As a Paraplanner/Associate Advisor, you will play a critical role in providing excellent service to our clients and ensuring that their financial, estate, and tax plans are implemented...

  • Financial Services Associate

    1 month ago

    Reston, Virginia, United States River Wealth Advisors Full time

    About the RoleRiver Wealth Advisors is seeking a highly skilled and detail-oriented individual to join our team as a Financial Services Associate. This role is an excellent opportunity for someone who is passionate about delivering exceptional client experiences and supporting our advisors in their daily functions.Key ResponsibilitiesProvide exceptional...

  • Client Services Liaison

    3 weeks ago

    Reston, Virginia, United States GemHarvest Executive Recruiting Full time

    Client Service AssociateGemHarvest Executive RecruitingAbout the RoleWe are seeking a highly motivated Client Service Associate to support our clients and advisors by taking initiative in client services.The ideal candidate will have a strong track record of professionalism, adaptability, attention to detail, and time management.Key ResponsibilitiesProvide...

  • Client Services Associate

    4 weeks ago

    Reston, Virginia, United States Innovations PSI Full time

    We are seeking a highly organized and detail-oriented Client Services Associate to join our team at Innovations PSI. This role focuses on providing exceptional client service and support, with a strong emphasis on back-office administrative tasks and direct client interaction.Key Responsibilities:Manage client service requests, including account maintenance,...

  • Financial Planning Specialist

    1 month ago

    Reston, Virginia, United States NorthStar Wealth Group Full time

    Unlock Your Potential as a Junior Financial AdvisorNorthStar Wealth Group, a Private Wealth Advisory Practice of Ameriprise Financial Services, LLC, is seeking a talented Junior Financial Advisor to join our team. As a key member of our Rockford team, you will have the opportunity to work with our experienced advisors to deliver exceptional client service...

  • Client Service Professional

    2 weeks ago

    Reston, Virginia, United States Promethium Advisors Full time

    Company OverviewPromethium Advisors is a rapidly growing wealth management company. We offer a significant opportunity to grow professionally and personally in a dynamic and supportive environment.Key ResponsibilitiesThe Client Service Associate will be responsible for delivering an exceptional client experience by answering inquiries, resolving issues,...

  • Wealth Planning Expert

    3 weeks ago

    Reston, Virginia, United States StraussGroup - Executive Search Consultants Full time

    About the RoleWe are seeking a highly skilled Wealth Planning Expert to join our team in Albany, NY. This is a fantastic opportunity for an experienced wealth management professional to deliver financial planning expertise to high-net-worth clients and prospects.Key ResponsibilitiesActively participate in Private Bank prospect, client, and centers of...

  • Fund Operations Specialist

    4 weeks ago

    Reston, Virginia, United States AMG Wealth Full time

    About the RoleAMG Wealth is seeking a highly motivated and detail-oriented individual to join our team as a Fund Operations Specialist. In this role, you will assist with accounting and fund oversight, custody, treasury, and financial reporting activities.Key ResponsibilitiesReview monthly accounting report packages and NAVs for our closed-end private equity...

  • Wealth Management Associate

    3 weeks ago

    Reston, Virginia, United States Corient Full time

    Empower Your Career with CorientWe are a dynamic team at Corient, dedicated to helping high-net-worth individuals and families achieve their financial goals. As a key member of our team, you will play a vital role in supporting our Wealth Advisors in delivering exceptional client service.Key Responsibilities:Provide administrative support to Wealth Advisors,...

  • Wealth Strategies Advisor

    3 weeks ago

    Reston, Virginia, United States Punch & Associates Investment Management, Inc. Full time

    Punch & Associates Investment Management, Inc. is a Minneapolis-based, independent wealth and investment management firm serving a select number of institutions and families of substantial wealth. Our mission is to enable families and institutions to steward resources with clarity and purpose.Our team of seasoned professional advisors enables our clients to...

  • Wealth Management Associate Internship Opportunity

    1 month ago

    Reston, Virginia, United States Northwestern Mutual Full time

    Unlock Your Potential in Wealth ManagementAre you a motivated and ambitious individual looking to launch your career in wealth management? Our Spring 2025 Internship Program offers a unique opportunity to gain hands-on experience and develop the skills needed to succeed in this exciting field.Program OverviewAs a Wealth Management Associate in our Executive...

  • Financial Services Professional

    3 weeks ago

    Reston, Virginia, United States Guide Wealth Partners Full time

    Unlock Your Potential and Transform Your CareerAre you ready to take your career to the next level? At Guide Wealth Partners, we're looking for ambitious and driven individuals to excel in leadership and help others achieve financial success.Why Guide Wealth Partners?Elite Success with Unmatched Support: Gain the perfect blend of autonomy and support to...

  • Holistic Wealth Strategist

    4 weeks ago

    Reston, Virginia, United States Equitable Advisors Full time

    Unlock Your Potential as a Holistic Wealth Management AssociateAt Equitable Advisors, we're committed to helping individuals and families achieve their financial goals and live a fulfilled life. As a Holistic Wealth Management Associate, you'll have the opportunity to work with clients to create personalized financial strategies that align with their values...

  • Senior Wealth Management Executive

    3 weeks ago

    Reston, Virginia, United States SUPERB CONSULTING GROUP Full time

    Senior Wealth Management ExecutiveAbout the RoleSUPERB CONSULTING GROUP is seeking a seasoned Senior Wealth Management Executive to lead our wealth management business in the US. As a key member of our team, you will be responsible for setting up and managing our local marketing team, establishing customer development and customer service systems, and...

  • Wealth Strategist

    4 weeks ago

    Reston, Virginia, United States LourdMurray Full time

    The Wealth Manager role at LourdMurray is a collaborative position within our wealth solutions team. Working closely with our Wealth Advisors and Senior Wealth Managers, the successful candidate will be tasked with creating tailored financial solutions for high-net-worth clients. This involves identifying planning issues and opportunities and channeling them...

  • Senior Client Services Specialist

    1 month ago

    Reston, Virginia, United States International Search Consultants Full time

    Job Title: Associate Client AdvisorOur client is a leading Multi Family Office providing comprehensive wealth management services to high-net-worth individuals and families. With a focus on delivering personalized solutions, they offer a range of services, including fiduciary services, investment management, philanthropic advisory, and family office...

  • Financial Planning Specialist

    4 weeks ago

    Reston, Virginia, United States SageSpring Wealth Partners Full time

    About SageSpring Wealth PartnersSageSpring Wealth Partners is a leading financial planning firm dedicated to delivering exceptional wealth management services to clients nationwide. With a strong commitment to education and guidance, the firm has been empowering clients to achieve their financial goals since 2002.Role OverviewWe are seeking a highly skilled...