Internal Wealth Management Consultant

Job Description

Job Description What is the opportunity? The Internal Wealth Management Consultant provides the primary internal sales support for the wealth management platform and our external Wealth Management Consultants. The purpose of this position is to increase PCG business by working with the Financial Advisors (FAs) to leverage their time, talents and resources. To partner with the external Wealth Management Consultants and focus on serving our Financial Advisors with issues affecting their clients. This position will be responsible to create, review and analyze reports, using software and other tools, to provide high level of service and sales support for Financial Advisors as well as external field support resources. At RBC Wealth Management, your career progression matters to us. We offer training, development and learning resources so you continue to grow your career in a way that matters to you. What will you do? Assist external field consultants in supporting fee-based investment product business including generation of Wealth Management proposals. Coordinate sales and marketing efforts with field consultants to ensure appropriate FA coverage and a team approach to support. Partner with external consultants to proactively reach out to Financial Advisors and ensure their needs are being met before and after branch presentations, symposiums, complex/division events, etc. Develop strong understanding of fee-based policies and pricing structures to assist FAs in conducting the business appropriately and making profitable pricing decisions. Provide assistance to FAs utilizing Wealth Management resources including financial planning software, WealthPlan Analysis, Morningstar, AdvisoryLink, RBC Dashboard and the InfoNET. Develop and promote sales ideas and effective business practices. Coordinate responses to Foundation/Endowment Request for Proposals (RFPs). Use internal databases to write RFP responses and other tools to develop the asset allocation and Investment Policy Statements. Partner with practice management team to leverage services. Possess understanding of Private Client Group (PCG) products and services, and ability to communicate effectively cross departmentally. Assist FAs in the selection of appropriate product, program or service and answer general to in-depth questions regarding PCG areas. Work with product management to enhance, create or change existing products or programs by actively communicating feedback from the field or as issues occur in supporting PCG platforms. Maintain accurate, detailed reporting statistics and review regularly to measure firm metrics and client satisfaction. What do you need to succeed? Must-have A minimum of five years investment industry experience with at least three years investment consulting/wealth management experience preferred. Well grounded in portfolio management, asset allocation methodology and RBC Wealth Management’s platform. Strong verbal and written communication skills and customer servi

Required Skills