Wealth Management Advisor II at Fifth Third Bank

Fort Lauderdale, Florida, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Demonstrates proficiency in consultative and advice-driven sales
Commands thorough knowledge of investment products, trading strategies, and market dynamics
Effectively utilizes Life360 Discovery process to profile clients and identify needs
Ability to develop and strategically execute personal business plan to achieve revenue and business objectives
Accountable for risk management, including identifying, assessing, monitoring, and reporting risks
Ability to coordinate and collaborate with teams, specialists, and third-party advisors (e.g., attorneys, accountants)
Ensures timely recording of process information in CRM
Addresses developmental needs and knowledge gaps as requested by manager

Responsibilities

Serves as trusted advisor and team coordinator to simplify complexity for Private Bank clients and help achieve wealth goals
Creates teams of credentialed specialists for wealth planning, investments, private banking, risk management, and trust services
Ensures delivery and execution of Private Bank experience and client service standards
Develops and prospects internal/external centers of influence to build pipeline of new client opportunities
Identifies opportunities for AUM, Loans, Deposits, Estate Planning, and Wealth Planning using Life360 process
Acts as Core Team Member for One Bank to identify opportunities with new/existing customers
Monitors and evaluates client needs to expand and deepen household relationships
Manages execution of client service standards to develop/retain lasting relationships
Institutes habits for team coordination in delivering Private Bank experience standards
Collaborates with customized team of specialists for high-quality client service
Ensures service standards/metrics met based on needs, segmentation, asset allocation, and risk management
Identifies/refers opportunities for advanced planning solutions
Coordinates with client third-party advisors for synergy with client goals
Partners with internal/external service providers for effectiveness/efficiency
Resolves problems as primary contact in timely/effective manner
Provides client information on current trends
Organizes, develops, and executes client reviews (e.g., annual reviews, quarterly updates) using Life360 process
Manages overall profitability of client relationships
Drives continuous improvement to deepen client relationships across Private Bank and Bancorp channels
Acts as primary point of contact for COI within Bank
Accountable for implementation of recommendations delivered to clients
Leads 90-day client onboarding process
Works with team members for alignment, information exchange, and shared objectives

Skills

Wealth Management

Client Relationship Management

Sales Prospecting

Wealth Planning

Investment Advisory

Estate Planning

Risk Management

Trust Services

Consultative Selling

Business Development

Fifth Third Bank

Provides banking, loans, and wealth management services

About Fifth Third Bank

Fifth Third Bank offers a variety of financial services, including personal and business banking, loans, mortgages, credit lines, and insurance products. Their services cater to individual consumers, small businesses, and commercial clients, providing comprehensive solutions for managing finances. The bank generates revenue through interest on loans, service fees, and commissions from insurance and investment products. Unlike many competitors, Fifth Third Bank emphasizes community engagement and financial education, providing resources to help clients improve their financial literacy. The goal of Fifth Third Bank is to support clients in achieving their financial objectives while fostering a strong connection with the communities they serve.

Cincinnati, OhioHeadquarters

1858Year Founded

IPOCompany Stage

Social Impact, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Paid Sick Leave

Paid Holidays

Performance Bonus

Flexible Work Hours

Risks

Rising interest rates may decrease demand for loans and mortgages.

Competition from fintechs like Robinhood threatens Fifth Third's wealth management sector.

Sophisticated cybersecurity threats pose risks to customer data and trust.

Differentiation

Fifth Third Bank offers comprehensive financial solutions for individuals and businesses.

The bank emphasizes community engagement and financial education for client empowerment.

It provides a wide range of insurance products, including life, health, and disability.

Upsides

Increased demand for digital banking boosts Fifth Third Bank's online service offerings.

Partnerships with fintech enhance technological capabilities and customer experience.

Growing interest in sustainable finance attracts environmentally conscious customers.

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