Private Wealth Advisor I & II

WHAT YOU’LL DO

The Private Wealth Advisor’s (PWA) primary responsibility is to serve as personal relationship manager to Busey Wealth Management clients. The Advisor will engage in proactive and ongoing communication with clients to build and maintain relationships and to develop a deep understanding of clients’ unique goals and objectives. The reporting structure may vary for the PWA role based on Regional needs; a PWA can report to a Market or Regional President and in some instances, a Managing Director, Director or a PWA II.

Additional Duties:

• Act as the primary relationship manager for a book of clients.

• Frequently meet with clients; formulate the appropriate actions necessary to help the client and enhance their relationship with Busey.

 • Actively drive new sales opportunities.

• Attend discovery/needs-based sales training.

 • Serve as resource for the team and act as a project leader from time to time.

 • Administer accounts in a manner that ensures smooth operational compliance with relevant governing instruments, legal requirements, and business line policies and procedures yet ensures a high level of client service.

• Complete mandatory account reviews for the assigned accounts.

 • Actively make client recommendations consistent with the client’s financial plan and Investment Policy Statement.

• Meet and communicate with clients, including a review of the client’s investment strategy and financial plan, on a regular basis.

. • Provide high level service to clients, beneficiaries, advisors, and other related parties to assigned accounts.

• Escalate issues to the appropriate parties

WHAT YOU’LL BRING

The Private Wealth Advisor will manage and develop a designated book of Wealth Management Clients, ranging from high-net-worth individuals and families to institutional clients such as foundations and endowments. The Private Wealth Advisor will work with and coordinate the efforts of our experienced Investment Team, Financial Planning and Tax Specialists, Estate Planning, Portfolio Management, and Private Client banking services to create comprehensive financial strategies and solutions to help clients achieve their desired objectives over their lifetime. The Advisor will actively pursue opportunities to acquire new business – both in securing additional assets from existing clients as well as seeking new high-net-worth client opportunities. Client accounts will be monitored and serviced daily to ensure smooth operations and adherence to firm policies and procedures.

Knowledge of:

• Strong oral and written communication skills.

• Strong sales and client service skills.

• Wealth Management Services including Investments, financial planning, banking and trust concepts including asset allocation, and basic trust and estate procedures.

• A fiduciary approach to managing client relationships.

Ability to:

• Develop and manage client relationships at an advanced level.

• Make independent decisions.

• Respond timely to client needs and requests.

• Partner with other associates on the team in a collaborative and client-focused manner.

• Understand and think strategically about each client’s financial planning.

• Analyze and interpret numerical data.

• Analyze and solve problems that frequently involve decisions based on a wide knowledge of many factors where application of advanced technical concepts is predominantly required.

• Analyze and interpret general business periodicals, professional journals, technical procedures, and governmental regulations.

• Perform duties under frequent time pressures.

The Private Wealth Advisor II is for those Advisors managing or having the ability to source larger books of business that bring in substantial revenue.

WHY IT MATTERS

The Wealth Management team exhibits a foundation of knowledge and resources to serve the unique financial needs of our customers, whatever they might be. With Service Excellence at the heart of everything they do, the members of this team are critical thinkers that value the relationship Busey holds with both our customers and Investors – providing them with trusted advice and tailored solutions.

EDUCATION, TRAINING & STANDARDS OF PERFORMANCE

• Requires Bachelor’s degree in Business or Finance or commensurate wealth management or financial services experience with high net worth clients.

• Certified Financial Planner designation is preferred.

• Must be in good standing with First Busey Corporation continuing education.

• On-going development and broadening of appropriate knowledge and skills; additional education will need to be successfully completed.

• Requires knowledge of standard business systems, including but not limited to, Trust Accounting systems, Microsoft Office Suite.

Standards of Performance:

Customer Service - Adheres to The Busey Promise service standards exhibited through Service Excellence in order to anticipate and exceed the needs of our customers, both internal and external.

Functional Knowledge and Technical Skills - Skilled in job-specific knowledge that is necessary to provide the appropriate quantity and quality of work in a timely and efficient manner.

Accountability - Work behaviors demonstrate responsible personal and professional conduct, which contributes to the overall goals and objectives of Busey.

Interpersonal Relations (Teamwork) - Interacts effectively with others to establish and maintain smooth working relations.

Attention to Detail – Working in a conscientious, consistent, and thorough manner.

Information Gathering and Processing – Locating and collecting data from appropriate sources and analyzing it to prepare meaningful and concise reports that summarize the information.

Written Communication – Communicating ideas and information in writing to ensure that information and messages are understood and have the desired impact.

Oral Communication – Communicating ideas and information verbally to ensure that information and messages are understood and have the desired impact.

WORK ENVIRONMENT:

Duties are performed in an office setting and include physical demands such as the manual dexterity  and skill to operate standard office equipment. Reasonable accommodations may be made to enable people with disabilities to perform the essential functions of this position. The above statements are intended to describe the general nature of work being performed by people assigned to this job. They are not intended to be considered an exhaustive list of all responsibilities, duties, and skills of the people so classified