Wealth & Fiduciary Advisor

WHO ARE WE : Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth, we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets.

CORE VALUES: Passion for Excellence :: Success is Never Final :: Do the Right Thing :: One Alerus

ABOUT THE ROLE:

The Wealth & Fiduciary Advisor serves as a trusted relationship manager and fiduciary expert for affluent and highnetworth individuals, families, and related entities. This role is responsible for the administration of trusts, estates, and other fiduciary relationships, while coordinating closely with clients, internal partners, and external professional advisors to ensure exceptional service, regulatory compliance, and longterm client satisfaction. The advisor combines deep fiduciary and estate administration expertise with strong relationship management and business development skills, supporting both ongoing fiduciary administration and legacy-focused planning across generations.

WHAT YOU'LL BE DOING:

• Administer investment management agencies, IRAs, personal trusts, estates, conservatorships, and other fiduciary accounts in accordance with governing documents, fiduciary law, investment policy statements and internal policies.
• Interpret trust agreements, wills, estate plans, court orders, and related documents to ensure accurate and compliant administration.
• Manage trust funding, distributions, terminations, and estate settlement activities, including probate and postdeath administration.
• Ensure compliance with applicable state and federal fiduciary, tax, and regulatory requirements.
• Review and coordinate income, estate, gift, and generationskipping transfer tax considerations with internal and external partners. Serve as the primary relationship manager and fiduciary advisor for assigned client relationships.
• Provide proactive, clear, and timely communication to clients and beneficiaries.
• Participate in client meetings and discussions related to estate planning, wealth transfer, fiduciary structures, and legacy objectives.
• Deliver a hightouch client experience focused on trust, accountability, and longterm relationships.
• Partner with internal wealth advisors, investment teams, portfolio managers, and operations colleagues to deliver integrated solutions.
• Coordinate closely with external attorneys, CPAs, trust officers, and other professional advisors.
• Act as a fiduciary subjectmatter resource for colleagues and crossfunctional teams.
• Support the onboarding of new fiduciary relationships.
• Participate in business development efforts, client introductions, and professional networking activities.
• Contribute to the growth and retention of fiduciary and wealth management relationships consistent with the organization's values and culture.

WHAT YOU SHOULD HAVE:

• Bachelor's degree required.
• CTFA designation strongly preferred or required; candidates without designation may be expected to obtain within a defined timeframe.
• CPA, JD, or CFP preferred but not required.
• 10+ years of experience in trust administration, estate settlement, fiduciary services, or a closely related field.
• Demonstrated working knowledge of trust and fiduciary law, estate planning concepts, and fiduciary taxation.
• Experience working with affluent or highnetworth clients.
• Strong analytical skills, sound judgment, and high attention to detail.
• Excellent communication, relationship management, and collaboration skills.
• High degree of personal integrity and fiduciary accountability.

WHAT WE BRING TO THE TABLE:

• Competitive compensation including base salary, bonus and/or incentive opportunities.
• Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance; and 401(k) and ESOP for retirement savings.
• Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave.
• Learning and development resources for personal and professional career development, and advancement opportunities.
• Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services.
• Support for the communities we live in through paid volunteer time and a company donation match opportunity.

WORK ENVIRONMENT: Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally, the employee must occasionally lift or move supplies and materials up to 20 pounds.

The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties, and qualifications required of employees assigned to this job.

Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.