Private Wealth Analyst

Washington, DC, location near Farragut North & West Metro stops.

Up to $90,000 with paid overtime and a bonus.

1600 Annual billable hours requirement

During the 90-day training period, you will be in the office 5 days a week, and after, you will go to a hybrid model of 3 days in and 2 days remote.

This fantastic large, full-service national firm with 20 offices throughout the US seeks a Private Wealth Analyst with 3-5 years’ experience in private wealth, trust administration, estate planning, or financial management to join their private wealth practice group working with high net-worth clients in their DC office.

M-F – 9-5:30 – Occasional paid overtime

Responsibilities:

• The Private Wealth practice uses Addepar to consolidate client financial data, generate reports, prepare net worth statements, and to run tax calculations.
• Manage on-boarding of new clients into Addepar
• Complete Letters of Authorization and coordinate with financial institutions.
• Enter and update other assets and accounts in the system.
• Reconcile and produce net worth statements for attorney review.
• Maintain estate planning calculations in Addepar in coordination with attorneys.
• Establish processes and procedures to on-board and update all client financial information in Addepar.
• Ability to present and explain Addepar analyses to clients.
• Train paralegals and attorneys on how to use the FinTech system.
• Manage Discovery & Intake
• Coordinate between clients and advisors to gather data as part of onboarding.
• Net worth statement build-out
• Collect background documents
• Prepare files for attorneys
• Oversee preparation of closing letters, beneficiary forms, and account retitling.
• Handle preparation, recordation & tracking of deeds
• Manage the Insurance Audit Process
• Track annual audits & coordinate data gathering.
• Coordinate payment of audit fees.
• Trust Administration
• Irrevocable Trust and Insurance Administration
• Crummey Notices & Letters of Instruction
• Insurance Audit Management
• Payments, such as premiums and Distributions Charts
• Funding of dry trusts
• Grantor Retained Annuity Trust Administration
• Letters of Instruction
• Facilitate annual annuity payments
• Manage account access and payments of Family Office Clients & Trust Administration.
• Pull-down bank statements
• Recordkeeping & Check Writing: maintain and track client checkbooks, check balances
• Coordinate with financial institutions
• Invoice Payments: Distribute invoices for approval, confirm cash balances, and mail payments
• Copy and log invoices and signed checks into Net Docs

Requirements:

• Bachelor’s degree in Accounting or Finance Management preferred.
• Relevant work experience, up to 5 years, as an Accountant, Bookkeeper, or Finance Manager or an equivalent combination of training and experience.
• Strong financial management and technical ability are required—
• High proficiency with Microsoft Office, including a strong working knowledge of Excel.
• Demonstrated capacity to maintain confidentiality and handle sensitive information.
• Ability to organize workflow, utilize time efficiently, show strong attention to detail, and perform at a high level in a fast-paced, ever-changing work environment.

Preferred Requirements

• Prior experience with Addepar, Advent, Orion, or eMoney is a plus.
• Information technology background is a plus.

 Benefits:

The firm offers a comprehensive benefits package that includes medical, dental, vision, LTD, STD, life insurance, commuter benefits, 401k, 22 days PTO, all holidays, and so much more!