Overview
Financial Planning Associate Jobs in Hunt Valley, MD at Verdence Capital Advisors
Title: Financial Planning Associate
Company: Verdence Capital Advisors
Location: Hunt Valley, MD
About Verdence Capital Advisors
Verdence Capital Advisors, LLC (VCA) is a $4.7 billion Registered Investment Advisor with 53 employees. Verdence provides personalized service focused on in-depth financial planning and advice serving ultra-high net worth families, business owners, entrepreneurs, executives, elite athletes, and entertainers. The firm assists families of significant wealth in effectively allocating capital through long-term planning and portfolio strategy. They also help to facilitate access to public / private alternative investments, real estate and unique direct deal flow via idea generation, external manager selection and due diligence. To reduce complexity for its clients, the team manages tax accountants and attorneys while facilitating asset acquisition, bill payment and concierge services. They also advise on legacy preservation through estate planning, philanthropy, and family services such as governance, succession planning, risk management and education of future generations.
Primary Purpose of the Position
The Planning Associate partners with senior advisors to deliver comprehensive, integrated financial plans for high-net-worth and ultra-high-net-worth clients. This role is responsible for translating complex client situations into clear, actionable strategies across income, tax, estate, and retirement planning. The Planning Associate is a core member of the client service team, owning plan development from data gathering through delivery and ongoing maintenance.
Main Responsibilities
- Provide accurate, timely, and effective support for Private Wealth Advisors (PWA), including preparing for upcoming meetings and post meeting follow-up.
- Communicate with clients to prepare for meetings, organize and analyze client data and input into planning software(s), run portfolio reports, review data and run possible scenarios.
- Assist PWA in preparing the presentation of client information, participate in client meetings as needed and provide follow-up with clients.
- Update and make changes to financial plans to ensure client’s goals are on track per projections and make changes to assumptions as necessary.
- Collaborate with client’s legal, tax and other trusted advisers when necessary.
- Build and maintain effective internal working relationships and support teamwork in meeting company goals.
- Provide support to PWA in a team environment.
- Anticipate the needs of PWA’s and clients.
- Some travel to visit clients may be required.
- Support the financial planning department in developing and adopting improvements in Financial Planning.
- Attend educational and other meetings as required.
- Continually grow by developing expertise in subject matter and software use.
- Help develop new planning standards.
- Master all financial planning tools available.
Qualifications
Required
• CFP designation (CERTIFIED FINANCIAL PLANNER)
• 5+ years of financial planning experience in an RIA or fiduciary advisory environment
• Proficiency with eMoney a plus
• Strong working knowledge of income tax planning, estate planning, and retirement income strategies
• Clear written and verbal communication skills with the ability to explain complex planning topics to sophisticated clients
Preferred
• Experience with clients holding business interests, and multi-generational planning needs
• Familiarity with family office or multi-family office service models
• Advanced designations such as CPA, JD, or CPWA
Additional Information
· Compensation plan includes:
o Competitive Salary
o Cash Bonus
o Profit Sharing Units
o 401(k) Retirement Plan
· Career Growth Potential / Advancement
· Employer Benefits include: Health, Rx, Vision, Dental, HSA
o 401(k) Matching Program
· Team / Family Culture
· Dynamic Industry
