Principal Wealth Manager - Investment Advisory

Wealth Manager (25 Openings!!!)Remote

Wealth management is a massive industry in the US ($545 billion annual revenue) but remains an archaic and inefficient industry with low technology penetration. 75% of wealth managers do not offer any digital communication beyond email and 62% of them conduct financial planning manually (for example, in Excel). This results in poor client experience and a low ceiling on the number of clients a wealth manager can support.

We are a technology driven wealth management firm with an emphasis on building software to drive automation and efficiency for wealth managers so they can focus on what truly matters — quality time with clients. We can grow rapidly by hiring/acquiring wealth managers with existing books of business and supercharging them with our software to make them more efficient and provide a better digital experience for them and their clients.

We are a team of former founders and operators who have started and sold two companies and bring over two decades of experience from Brex, Facebook, Airbnb, Uber, DoorDash, and Square.

The RoleThe Principal Wealth Manager role is a critical role that will be foundational in shaping how the future of the wealth management industry looks from a fintech lens. In this high-impact role, you will operate in a very dynamic environment as an active wealth manager with clients where you will be responsible for developing and managing high net worth client relationships and portfolios as well as cultivating sources of qualified high net worth prospective clients. You will also work closely with the Product Development and M&A teams to shape the future roadmap of our advisor technology platform, vet and convince other top wealth managers to join us, and train new staff.

What You'll DoDevelop new client relationships and support Business Development efforts.Gather client data, both quantitative and qualitative, and work with clients in understanding and defining their financial planning and investment needs and objectives.Review and analyze a clientʼs current financial situation and be able to advise on investment strategy, tax planning, retirement planning, estate planning, stock options, charitable giving strategies, insurance and risk management, and more.Identify potential issues the client may have, explain financial planning concepts, clarify client goals, and prepare financial plans.Design long-term investment strategy and appropriate asset allocation with clients, as well as implement and monitor investment portfolios and asset allocations.Work with third-party service providers across tax, trust & estate, and insurance specialties and guide clients on leveraging each third-party effectively and at the right time.Advise the Product Development team on your or your clientsʼ pain points in effectively getting things done in order to build the best technology platform tailored to your needs.Support the Growth team in Business Development efforts when sourcing, pitching, and closing other prospective advisors on joining the Savvy platform.

What We're SeekingMust Have:10 years of investment advisory experienceAn existing client book of business that you actively advise todayCertified to work as an Investment Adviser Representative (Series 65, Series 7 + 66, or equivalent)Excited by more ownership and the opportunity to have a meaningful impactExcited to work in the Fintech industryThrive in a demanding, fast-paced environment while handling several deadlines simultaneouslyNice to have:Past professional experience at a technology companyBS or MS in an analytical or technical degreeExperience working with clients whose assets are in excess of $1 millionDepth of knowledge in at least one key area of financial planningExperience working with financial planning softwareExcellent organizational, analytical, critical thinking, communication and social skills, a proactive approach to problem solving, and take immediate ownership ofyour work allowing you to think big, adapt quickly, and act fast

Benefits We ProvideAccess to best in class medical, dental, and vision plansUnlimited PTO + paid company holidaysSolo 401(k)NYC office with breathtaking views in the heart of ManhattanCompetitive total compensation package comprised of Revenue Participation and EquityLunch, dinner, and snacks provided in the officeAccess to Teledoc ($0/visit telemedicine, 24/7 availability, family included)Discounts on Alternative Medicine, Chiropractic, Fertility Advocacy, Pet care, Prescriptions, Lab Testing, and Diabetic SuppliesAccess to Health Advocate (Answers questions about plans, claims, and bills, Coordinates care, Books appointments, Family included)