Associate Wealth Strategist
Apply NowCompany: UBS
Location: Los Angeles, CA 90011
Description:
Your role
Are estate and gift tax planning your passion? Does partnering with financial advisors and their largest and best clients on estate and financial planning issues motivate you?
In an effort to provide more seamless access for our wealthiest clients to our most differentiated products and capabilities, UBS recently announced the creation of a new "Ultra High Net Worth (UHNW) Plus" client segment and the launch of an enhanced cross-divisional client service offering. In close coordination with the client's Financial Advisor, this client segment will be serviced by dedicated groups of subject matter experts across Wealth Management, the Investment Bank and Asset Management. Why? Sophisticated clients have sophisticated needs - we want to ensure clients continue to have the full suite of UBS capabilities at their fingertips.
We're looking for someone like you who can:
independently review estate planning documents (e.g., Wills, Living Trusts, and Irrevocable Trusts, documents governing family business entities) to create a current estate analysis, including estimated estate and income tax calculations
assist with modeling wealth transfer and philanthropic strategies for clients
perform research on income, estate, gift, generation-skipping transfer (GST) tax and philanthropic issues
assist with the team's administrative tasks and intellectual capital platform on an as-needed basis
Detailed salary information:
Los Angeles: the salary range for this role is $200000 to $250000
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.
Join us
At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we're more than ourselves. Ready to be part of #teamUBS and make an impact?
Disclaimer / Policy statements
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.
Your team
As an Associate Wealth Strategist, you will work with the firm's Advanced Planning group to support the firm as an internal resource on estate planning, tax planning, and philanthropy for the firm's ultra-high net worth clients with minimum investible assets of $20-50 million and a net worth of $50-100 million+. You will work directly with Senior Wealth Strategists to support their client facing work. On a limited and as needed basis, you will assist the Senior Wealth Strategist with client meetings.
You will also support the Advanced Planning team's Center of Excellence, which coordinates internal and external intellectual capital in the estate planning, tax, philanthropy and insurance planning worlds. This includes co-authoring articles with senior team members.
Your expertise
ideally, 4+ years experience working at a law, financial or accounting firm that provided relevant experience to perform the duties described above
advanced degree or designation required (e.g., JD (preferred), LLM, CPA, Paralegal certificate/degree - if more than 10+ years of experience)
ability to review and understand both basic estate planning documents as well as documents implementing more complex estate planning strategies, such as irrevocable trusts, grantor retained annuity trusts (GRATs), qualified personal residence trusts (QPRTs), sales to intentionally defective grantor trusts and split-interest charitable trusts
active Series 7 and 66 licenses (or are required to obtain them upon hire)
ability to understand and assimilate complex personal financial information (tax returns, investment statements, incentive benefits, employee benefits and compensation, life insurance policies, business interests, qualified and nonqualified retirement plan information, deferred compensation information, related retirement and benefits data, incentive and nonqualified stock option and restricted stock information)
experience with the following areas, techniques and strategies: estate; gift; GST and trust tax disciplines; advanced wealth transfer planning techniques such as Grantor Retained Annuity Trusts, Qualified Personal Residence Trusts, Family Limited Partnerships, Defective Grantor Trusts, Irrevocable Life Insurance Trusts, Charitable Remainder Trusts, Charitable Lead Trusts, Private Foundations, Generation-Skipping Transfer Tax, planning with concentrated stock positions, incentive benefits, non-qualified stock options, incentive stock options, and restricted stock
About us
UBS is the world's largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors..
We have a presence in all major financial centers in more than 50 countries.
Your Career Comeback
We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.
Salary information
US Only: The expected salary range for this role is $200000 to $250000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see "Your role" section for detailed salary information.
Are estate and gift tax planning your passion? Does partnering with financial advisors and their largest and best clients on estate and financial planning issues motivate you?
In an effort to provide more seamless access for our wealthiest clients to our most differentiated products and capabilities, UBS recently announced the creation of a new "Ultra High Net Worth (UHNW) Plus" client segment and the launch of an enhanced cross-divisional client service offering. In close coordination with the client's Financial Advisor, this client segment will be serviced by dedicated groups of subject matter experts across Wealth Management, the Investment Bank and Asset Management. Why? Sophisticated clients have sophisticated needs - we want to ensure clients continue to have the full suite of UBS capabilities at their fingertips.
We're looking for someone like you who can:
independently review estate planning documents (e.g., Wills, Living Trusts, and Irrevocable Trusts, documents governing family business entities) to create a current estate analysis, including estimated estate and income tax calculations
assist with modeling wealth transfer and philanthropic strategies for clients
perform research on income, estate, gift, generation-skipping transfer (GST) tax and philanthropic issues
assist with the team's administrative tasks and intellectual capital platform on an as-needed basis
Detailed salary information:
Los Angeles: the salary range for this role is $200000 to $250000
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.
Join us
At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we're more than ourselves. Ready to be part of #teamUBS and make an impact?
Disclaimer / Policy statements
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.
Your team
As an Associate Wealth Strategist, you will work with the firm's Advanced Planning group to support the firm as an internal resource on estate planning, tax planning, and philanthropy for the firm's ultra-high net worth clients with minimum investible assets of $20-50 million and a net worth of $50-100 million+. You will work directly with Senior Wealth Strategists to support their client facing work. On a limited and as needed basis, you will assist the Senior Wealth Strategist with client meetings.
You will also support the Advanced Planning team's Center of Excellence, which coordinates internal and external intellectual capital in the estate planning, tax, philanthropy and insurance planning worlds. This includes co-authoring articles with senior team members.
Your expertise
ideally, 4+ years experience working at a law, financial or accounting firm that provided relevant experience to perform the duties described above
advanced degree or designation required (e.g., JD (preferred), LLM, CPA, Paralegal certificate/degree - if more than 10+ years of experience)
ability to review and understand both basic estate planning documents as well as documents implementing more complex estate planning strategies, such as irrevocable trusts, grantor retained annuity trusts (GRATs), qualified personal residence trusts (QPRTs), sales to intentionally defective grantor trusts and split-interest charitable trusts
active Series 7 and 66 licenses (or are required to obtain them upon hire)
ability to understand and assimilate complex personal financial information (tax returns, investment statements, incentive benefits, employee benefits and compensation, life insurance policies, business interests, qualified and nonqualified retirement plan information, deferred compensation information, related retirement and benefits data, incentive and nonqualified stock option and restricted stock information)
experience with the following areas, techniques and strategies: estate; gift; GST and trust tax disciplines; advanced wealth transfer planning techniques such as Grantor Retained Annuity Trusts, Qualified Personal Residence Trusts, Family Limited Partnerships, Defective Grantor Trusts, Irrevocable Life Insurance Trusts, Charitable Remainder Trusts, Charitable Lead Trusts, Private Foundations, Generation-Skipping Transfer Tax, planning with concentrated stock positions, incentive benefits, non-qualified stock options, incentive stock options, and restricted stock
About us
UBS is the world's largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors..
We have a presence in all major financial centers in more than 50 countries.
Your Career Comeback
We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.
Salary information
US Only: The expected salary range for this role is $200000 to $250000 based on factors including, but not limited to, experience, qualifications, education, location and skill level. Please see "Your role" section for detailed salary information.