Trainee or Associate Wealth Manager London (GB)

LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT, which is in turn owned by the Princely Family of Liechtenstein. When we set up LGT Wealth Management in 2008, our aim was to offer a fresh approach to wealth management. Alongside the LLP we also have two other entities which focus on US and Jersey based clients. Our head office is based in London however we have a presence in Edinburgh, Jersey, Leeds, Birmingham and Bristol. The plan was simple: put our clients first by providing a transparent service, designed around what is right for each of them. By drawing together in-depth knowledge and experience from across the industry, we provide a flexible, bespoke service adapted to each of our clients’ needs.
Our mission is to create long-term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business. Belonging, respect, integrity, conviction and entrepreneurship are our core values. As our brand recognition grows, we are fast becoming an employer of choice in our sector. We have over £29 billion in funds under management and circa 700 staff.

About LGT Wealth Management US

LGT Wealth Management US provides discretionary and advisory investment services to US citizens and was established in recognition of the specialist services required for US connected clients.

The team has an in-depth knowledge of working within the appropriate tax and legal frameworks and is involved in a broad range of activities including Investments, Planning/Structuring and Relationship Management.  We have developed long standing relationships with our clients and are seen by many as trusted advisors to them and their families.

LGT Wealth Management US is a wholly owned subsidiary of Wealth Management Wealth and is registered with both the Financial Conduct Authority (FCA) and Security and Exchange Commission (SEC).

Brief Role Objective:

To provide general and administrative support to Partners & Wealth Managers, ensuring that the client receives first class service. Responsible for ensuring that administrative, organisational and client related tasks are completed accurately, efficiently and timely manner. Will have regular contact with the US client base, dealing with their enquiries and providing support at client meetings where appropriate. Will be provided with opportunities to progress ultimately to a Wealth Manager within an agreed timeframe and subject to qualifications, experience and performance.

Key Responsibilities:

• Assist the team with all aspects of client contact, including ongoing and regular reporting requirements and ad-hoc reporting requirements.
• Ensures that all current/new client account data is complete, up-to-date and accurate at all times, this includes the writing and renewal of Investment Policy Statements.
• Responsible for the production of reports and presentations for existing and prospective clients. Ensure that all reports/packs are reviewed for accuracy and completeness and sent in a timely manner.
• Provide all analytics for the team, including performance, asset allocation reports and capital gains.
• Manage quarterly fees and performance reporting. 
• Deal with client correspondence and queries and liaise with other departments to find resolution to investment administration queries raised by clients.
• Attend client meetings where appropriate and as agreed, and participate by providing factual information and acting as the reference point for any administration queries.
• Proactively set review dates with clients and co-ordinate client visits.
• Assist in preparing pitch presentations and other materials used in meetings with clients and actively build knowledge of the targeting process.
• Build a good working understanding of the Portfolio Management team proposition.
• Support with projects and prospecting tasks as required.
• Attendance of seminars and functions as required. 
• Take on basic execution only trades over time.

Technical Requirements:

• Previous experience in Front Office environment in a Trainee/Assistant Wealth Manager position, ideally within a Wealth Management Firm.
• Investment Diploma Advice (IAD).
• Holds or studying towards the Chartered Wealth Manager qualification (or equivalent level 7 qualification).
• Undertakes sufficient professional development for the role including CPD (log to be maintained).

Desired

• Experience working with US clients including a basic understanding of how US citizens and green cardholders are taxed.

Other skills, competencies and attributes:

• Commercially aware – keeps abreast of all relevant developments in the financial services industry and any regulatory changes which may affect the team.
• Generates new ideas/initiatives to help promote firm to potential clients.
• Takes initiative for their own work within an understood framework of scope and authority.
• Acts at all times in a professional manner.
• Deals with all matters promptly, professionally and effectively without being reminded.
• Conducts role in accordance with LGT’s procedures, within individual authorisation levels and in a compliant manner.
• Readily assists the team and the Firm in achieving its objectives.
• Undertakes other tasks or specific project work as and when requested by the Investment Managers.
• Makes effective use of time in order to carry out tasks to the appropriate standard.
• Adhere to all company-wide policies, procedures and compliance requirements.