Wealth Management Analyst at Wealthstream Advisors, Inc.

4 days left

New York City, New York
To be discussed at conclusion of interview process.
Sep 29, 2020
Oct 29, 2020
Employment Type
Full Time
Entry Level
Experience Level
1-4 years
CFP® Certification

Job Title: Wealth Management Analyst          

Reports to:

Senior Advisors/Principals

Job Overview:

The Wealth Management Analyst provides technical and analytical support for the Senior Advisors of Wealthstream Advisors. Such support includes financial planning analysis, identification of client needs/obstacles, development of recommendations, investment research / portfolio analysis, and preparation for client/prospect meetings. An Analyst participates in client meetings with Senior Advisors and completes the follow up work from client meetings.  This is an entry level role with a clear career path for advancement.  CFP® designation preferred.  Otherwise, exam must be passed within the first year with the firm.


Financial Planning

  • Analyze client assets, income, cash needs, and goals.
  • Complete cash flow projections with alternative scenarios, including insurance needs analyses.
  • Identify client Financial Planning issues/deficiencies related to Retirement Planning, Estate Planning, Tax Planning, Insurance (Life, Disability and Long Term Care), etc. and provide recommendations/solutions for addressing these issues.
  • Execute recommendations/solutions by managing/facilitating implementation of agreed upon action items.
  • Attend client meetings.  Responsible for meeting preparation, meeting participation, taking detailed notes, and working with Senior Advisor and Operations Team to follow-up on all outstanding items. Meeting preparation includes the running of performance reports using Orion and updating drafts of Estimated Net Worth in E-Money.
  • Prepare/create Advanced Planning Mind Maps detailing total client picture/profile.
  • Prepare periodic reports, statements and other documents as requested by Senior Advisors.

Portfolio/Investment Management

  • Provide investment recommendations based on rebalancing and tax loss harvesting opportunities in client accounts. Also provide recommendations in instances of cash withdrawals/additions.  All trading recommendations should take into consideration the tax implications to the client.
  • Review all trades (post-trade) to ensure trade affected properly and accurately.
  • Review (daily) Prior Day Client account transactions.
  • Analyze prospect/client outside accounts and create second opinion analyses using Morningstar Direct and additional resources.
  • Research and develop new and improved client presentation tools.
  • Monitor existing client investment vehicles/portfolios.

Additional Responsibilities

  • Participation in internal firm Estate Planning, Investment, and Financial Planning meetings/committees.
  • For Investment Committee, work with team to:
  • Examine new asset classes and investment vehicles to determine if appropriate for clients. Preparation of memos to the investment committee to make a portfolio recommendation.
  • Review and research asset class universes’ on annual basis and/or as needed.
  • Carry out Wealthstream Advisors’ investment philosophy in setting up, monitoring and maintaining client portfolios.
  • Perform monthly/quarterly review of investment vehicles and provide reports to Senior Advisors.
  • Research law changes and new developments in aforementioned fields and help recommend/implement new firm policies based on current environment.
  • Assist in firm marketing.


  • Bachelors Degree (in Finance, Financial Planning, Accounting or Economics preferred).
  • 1-4 yrs. experience in Financial Planning, Tax Preparation, Asset Management, or related field.
  • CFP® Designation preferred. If not already acquired, CFP® certification will be required within 1st year of joining firm.   Additional certifications are encouraged. 
  • Skilled in Microsoft Office Suite.
  • Strong analytic and communication (written and verbal) skills are a must.
  • Detail oriented with ability to multi-task.
  • Strong attention to details.
  • Ability to meet deadlines.
  • Comprehensive investment knowledge is preferred.
  • Related internship preferred.


Expectations to Master Role:

  • 3 years experience
  • Pass CFP® exam
  • Strong skills in Microsoft Excel, Y Charts, Fidelity Wealthscape, TD Ameritrade Veo, Schwab Advisor, Orion, Junxure and E-Money.
  • Responsible for meeting preparation, attending client meetings and taking clear notes.
  • Ability to complete client cash flow projections.
  • Develop understanding of firm investment philosophy
  • Ability to rebalance client portfolios in Orion.
  • Ability to identify client plan deficiencies and identify solutions
  • Assist Senior Advisors with data analysis and manage special projects.
  • Understanding of compliance rules and regulations.

Apply for Wealth Management Analyst at Wealthstream Advisors, Inc.

Already uploaded your resume? Sign in to apply instantly


Upload from your computer

Or import from cloud storage

Your Resume must be a .doc, .pdf, .docx, .rtf, and no bigger than 1Mb

4000 characters left

When you apply for a job we will send your application to the named recruiter, who may contact you. By applying for a job listed on CFP Board Career Center you agree to our terms and conditions and privacy policy. You should never be required to provide bank account details. If you are, please email us.