Wealth Advisor for Registered Investment Advisor (Hybrid)
Darrow Wealth Management is an independent, fee-only registered investment advisor in Needham, MA. We have an immediate opening for an experienced client-facing Wealth Advisor to join our team. The Wealth Advisor will focus on relationship management for the firm’s existing client base, advising clients as a lead and part of the advisory team. This is a terrific opportunity for an advisor who wants to focus on working with clients without the added pressures of prospecting or product-based sales.
Experience in a similar role at a registered investment advisor is highly preferred. Practical knowledge of tax law and/or tax planning experience a big plus.
The Wealth Advisor will use their breadth of experience across tax, investment management, financial planning, and estate planning concepts to provide clients with ongoing financial planning and advisory services.
The firm has a strong niche in sudden wealth, primarily through stock options/equity compensation, selling a business, or receiving an inheritance. Related experience highly preferred.
There is no expectation for the successful candidate to bring a book of business.
Key Responsibilities:
- Manage client relationships and provide ongoing advice and servicing support as a lead advisor and part of an advisory team
- Use existing knowledge of tax, investment, financial, insurance and estate planning concepts to identify opportunities/risks for clients on an ongoing basis
- Prepare and lead client meetings
- Daily client servicing activities: cashiering, gifting, RMDs, responding to client requests, research
- Develop comprehensive financial models as needed; run ad hoc analysis and projections
- Utilize CRM and other systems to track/manage client relationships
- Perform some administrative functions as needed for client servicing/internal operations
- Oversee execution of custodial paperwork and other operational processes with administrative staff
Required Skills:
- 4-8 years’ experience in a similar role (registered investment advisor strongly preferred)
- Broad and deep knowledge in multiple practice areas essential to providing comprehensive wealth management services to high-net-worth individuals
- Proven ability to manage the entire client relationship, passion for relationship management
- Excellent written and verbal communication skills; strong technical skills and ability to learn new systems
- Highly organized, proactive, problem-solver, strong attention to detail, ability to prioritize
- Team-player with a positive attitude, comfortable wearing multiple hats
- Bachelor’s degree required
Preferred Qualifications:
- Tax background (CPA, Masters in Tax, or LLM in Tax) a big plus
- CFP® professional
- Series 65 securities registration preferred
- Prior experience with a small team
- Experience with technology tools: TD Ameritrade or Schwab, Black Diamond, Salesforce, NaviPlan, NetDocuments; MS Office
Work Location/Benefits
- Needham, MA office 1-2 days per week
- 401(k) plan
- Employer-paid group term life and disability
- Generous PTO package
- Summer Fridays
- Work-life balance
Email resume to: info@darrowwealth.com