Title: Capital Analyst
REPORT TO: Capital Analyst Team Leader
OBJECTIVE: To assist in the creation and maintenance of client financial plans and client portfolios and continually improve the process to result in more timely, pertinent and accurate financial plans.
PRIMARY RESPONSIBILITIES:
- Gather information and update the following reports in preparation for periodic client meetings:
o Balance Sheet/Financial Statement
o Asset Allocation
o Cash Flow Projection (including Quicken analysis)
o Income Tax Projection
o Corporate Analysis
o Insurance Summary
o Estate Tax Projection
o Education Analysis
o Retirement Analysis
o Survivor Needs Analysis
o Estate Diagrams/Flow of Funds
o Amortization Schedules
- Take detailed notes in all meetings attending.
- Prepare and send out reports (financial statements, CPA reports, etc.) to clients and other advisors on a periodic basis.
- Coordinate special projects such as mortgage and debt financing/refinancing, gathering insurance quotes, etc.
- Act as a liaison between the client and the Operations Team (wires, check request, etc.).
- Serve as backup to the Administrative Assistant for faxing and copying documents, confirming client meetings.
- Serve as backup to Client Coordinator for coordinating client documents (contracts, account setup, etc.).
SECONDARY RESPONSIBILITIES:
In each of the areas below, the Capital Analyst will implement and execute strategies in collaboration with the Capital Strategist. The Capital Strategist will review the work of the Capital Analyst.
o Work with the client’s attorney to analyze appropriate legal frameworks for business and estate structures.
o Analyze income replacement options including the need for insurance (disability, office overhead, life, etc.).
o Provide the Investment Strategist with information to help create/modify portfolio investment objectives and plan for future liquidity needs (financial capital funds the asset and liability structure).
o May assist as a secondary liaison between the client and the Investment Strategy Team; Capital Strategist serves as primary liaison.
o Assist in the creation of the Investment Policy Statements of certain clients.
o Analyze advanced techniques to meet clients’ generational goals (defective grantor trusts, grantor retained annuity trusts, etc.).
o Help the client set and manage goals in the following areas:
§ Annual living expenses
§ Lifestyle purchases (use assets such as homes, airplanes, personal property, etc.)
§ Philanthropic commitments
o Analyze advanced estate and tax planning techniques:
§ Estate tax savings strategies
§ Gifting strategies
§ Asset protection strategies
§ Charitable strategies
§ Income tax management strategies
o Create and help conceptualize visual presentations and models used in client meetings.
o Communicate and coordinate implementation of various strategies with clients and advisors (CPAs, attorneys, etc.).
o Assist in presentation of strategic issues during client meetings.
o Coordinate the re-registration of assets from one entity to another (to living trusts or to family limited partnerships for example).
SKILLS & QUALIFICATIONS:
· 1-5 years experience or an advanced degree
· In process of obtaining CFP designation or CFP designee
· In process of obtaining Series 65 license
· Excellent communication skills
· Excellent technology skills. Proficient in Microsoft Office products (Excel, Word, PowerPoint)
· Organized and able to follow through on projects in a timely manner
· Easily adaptable to change and able to multi-task with confidence
· Team player attitude (and positive attitude)
· Has initiative and exhibits proactive behavior
· Willing to learn and improve self
· Be open and honest when giving feedback to team leader/members
· Take responsibility
· Ability to strategize on planning issues and coordinate implementation of these strategies
MINIMUM STANDARDS:
- Respond to clients’ needs in timely manner; return phone calls within 24 hours.
- Complete meeting notes within two weeks following the meeting.
- Assist with the completion of the initial plan within three to five weeks following fact-gathering meeting.
- Complete financial plans/updates and review with Capital Strategist at least two days prior to the client meeting
- Grow technology skills (internal software needs and manage web communication with clients).
- Maintain updated knowledge of planning techniques and laws (rules and regulations).
Please contact Christie Williams at cwilliams@leefin.com, or call (972) 960-1001 for more information.
