Client Advisor IV

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!

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 the 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 company. Seeking a client-focused professional with a strong wealth advisory background to be in a leadership role within the Family Office Services division of the organization. Candidates should be able to lead a team of wealth professionals and manage the day-to-day workflow in a fast-paced organization. Peapack Private Family Office Services provides integrated and objective financial, investment, and tax advice for ultra-high net worth individuals and their families.

Key Responsibilities:

• Ownership and responsibility for client meetings, communications and relationship management including various meeting follow-up items.
• Review of financial schedules and presentations for meetings with client base, including Statement of Net Worth, Investment Asset Allocation, Stock Awards, and other performance related schedules.
• 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.

Direct Reports:

• Client Advisor II
• Client Advisor III
• Financial Analyst I

External and Vendor Relationships:

• Custodians, CPAs, Attorneys, 3^Rd party investment managers

Required Qualifications:

• Bachelors Degree in business/finance/accounting or equivalent work experience
• 15 - 20 years' experience working in a wealth management, tax and financial services or similar industry
• Ability to interact effectively and tactfully with internal and external clients of all levels, both in person and via telephone
• Knowledge of securities and wealth management operations, systems, compliance, and administrative responsibilities
• 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
• Knowledge of the sophisticated planning techniques routinely used in the ultra hi-net worth planning environment
• Continually seeks to educate oneself and stay abreast of industry developments and process enhancements.
• Assists other team members when needed. Models teamwork and leadership.
• Proven ability to manage multiple priorities and meet deadlines

Desired:

• Prior experience with tax and financial planning software/models
• Exposure to a financial advisor and/or tax preparation environment
• MBA, CPA and/or CFP credential attained or other advanced designation

Benefits:

Peapack Private Bank & Trust offers medical, dental, and vision coverage to full-time employees, in addition to a competitive PTO package and 401k match.