Senior Wealth Management Fiduciary Advisor

Job Description

Job Description

SUMMARY: The Senior Wealth Management Fiduciary Advisor will serve as a senior relationship and fiduciary professional responsible for managing complex high-net-worth and ultra-high-net-worth client relationships, delivering sophisticated trust and estate administration services, and supporting continued business growth. This position requires strong fiduciary judgment, technical expertise, client-facing presence, and the ability to collaborate with attorneys, accountants, investment professionals, beneficiaries, co-fiduciaries, and other advisors. The successful candidate will help strengthen Grove Bank & Trust’s fiduciary platform by providing high-quality administration, proactive client service, thoughtful advice, and leadership on complex matters. Performs other related duties as necessary.

• Manage complex wealth management relationships for high-net-worth and ultra-high-net-worth clients, with primary responsibility for overall client satisfaction, service quality, issue resolution, and coordination of client needs.
• Work closely with the client service team, clients, and their professional advisors to develop a thorough understanding of each client’s objectives, family dynamics, governing documents, account agreements, and long-term planning goals.
• Apply deep knowledge of fiduciary duties, applicable trust and estate laws, tax considerations, estate planning techniques, financial planning, asset management, and prudent investment principles.
• Lead client conversations regarding life-driven wealth management needs, emerging issues, regulatory and tax changes, and appropriate advisory solutions.
• Explain complex fiduciary, estate, tax, and investment concepts in clear, practical language that clients and beneficiaries can understand.
• Provide proactive, responsive, diplomatic, and tactful client service through written and verbal communication at an appropriate frequency.
• Recognize fiduciary risk issues, exercise sound judgment, and seek appropriate resolution in accordance with internal policies, processes, and procedures.
• Collaborate with internal partners and external professional advisors to identify client needs, develop advice-driven solutions, and deliver exceptional service.
• Cultivate relationships with referral sources, attorneys, accountants, family offices, and other centers of influence to support business development and identify new opportunities.
• Represent Grove Bank & Trust in community and professional organizations and identify opportunities to showcase the Bank’s fiduciary expertise and thought leadership.
• Travel to meet with clients and advisors when appropriate based on revenue, new business opportunity, complexity, or servicing requirements.
• Teach and mentor less experienced team members, provide leadership on fiduciary projects and committees, and support initiatives involving multiple disciplines or ambiguous issues.

The Senior Wealth Management Fiduciary Advisor may also support complex and sensitive probate estates and taxable trusts involving sophisticated estate plans, sensitive family situations, and complex investment, tax, legal, or administrative issues. In this capacity, the role is responsible for helping implement a decedent’s estate plan in areas where the Bank has fiduciary or administrative responsibility and for coordinating relationships among internal support teams, outside counsel, co-fiduciaries, beneficiaries, and advisors.

• Marshal and administer assets in complex estates and taxable trusts, ensuring fiduciary responsibilities are fulfilled throughout the administration and settlement process.
• Address substantive estate administration questions, including tax elections, tax reserves, asset disposition, valuation and collection of assets, cash management, liability resolution, audits, and litigation matters.
• Manage accounts involving sophisticated estate plans, unusual assets, complicated will or trust provisions, intricate tax matters, significant investment decisions, and sensitive beneficiary or family situations.
• Coordinate administration of unusual assets, including closely held stock, concentrated investments, significant real estate holdings, qualified plans, deferred compensation arrangements, business interests, and other special assets.
• Support preparation of estate, gift, generation-skipping transfer, fiduciary income, and personal income tax returns by locating and marshaling assets, arranging valuations, quantifying expenses, and securing financial records.
• Work with internal partners, outside counsel, co-fiduciaries, and advisors to evaluate tax elections and determine appropriate tax reporting strategies.
• Advise investment partners regarding estate liquidity needs, cash requirements, beneficiary objectives, and fiduciary considerations affecting investment decisions.
• Coordinate beneficiary needs during the estate settlement period and ensure clear communication of decisions with internal teams and external parties.
• Review and implement fundings and distributions, review accounting documentation, and oversee preparation and filing of required court documents.
• Oversee special tasks such as the sale of real estate or family business interests, disposition of qualified plan assets, estate tax audit coordination, and beneficiary credit requests.
• Coordinate or initiate litigation when appropriate, working with outside counsel, internal legal and tax partners, and senior administrators on technical matters.
• Serve as a resource to the Wealth Management team by providing training, consultation, and guidance on estate administration matters.

• Develop and maintain strong relationships with existing clients, beneficiaries, professional advisors, referral sources, and community partners.
• Identify opportunities to expand relationships through personal trust, estate settlement, investment management, private banking, and related wealth management services.
• Participate in prospect meetings, client presentations, educational events, and professional forums to support the growth of Grove Bank & Trust’s Wealth Management business.
• Strengthen Grove Bank & Trust’s reputation as a relationship-focused, locally administered fiduciary platform serving sophisticated South Florida families.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

EDUCATION AND EXPERIENCE

• Bachelor’s degree in business, finance, economics, accounting, or a related field.
• Seven to ten years of experience as a relationship manager, trust administrator, estate administrator, estate planning professional, or in a related fiduciary advisory role.
• Five to eight years of experience working in financial planning, accounting, legal, trust administration, or another organization that provides relevant experience, or an equivalent combination of education and experience in a proactive, successful sales and service role within the financial services industry.
• Experience working with high-net-worth and ultra-high-net-worth clients, complex family structures, sophisticated estate plans, and significant fiduciary relationships.
• Demonstrated ability to manage a complex portfolio involving substantial assets under management, including multimillion-dollar and larger client relationships.
• Strong knowledge of fiduciary and financial products and services needed to manage client accounts and deliver comprehensive advisory solutions.
• Solid knowledge of trust principles and regulatory and tax matters relating to the administration of trust accounts.
• Demonstrated knowledge of fiduciary products and services, including legal, tax, and regulatory requirements applicable to fiduciary relationships and the administration of trust accounts.
• Knowledge of investments, tax, legal, trust operations, estate settlement, and fiduciary administration, acquired through formal education, professional training, or related experience.
• Knowledge of fiduciary standards, principles, applicable laws, and regulatory requirements affecting trust, estate, and wealth management relationships.
• Strong skills in negotiation, problem solving, delegation, leadership, client communication, and business development.
• Professional credentials are strongly preferred, including attorney licensure, Certified Public Accountant designation, Certified Financial Planner, Certified Private Wealth Advisor, Certified Trust and Fiduciary Advisor, or other related professional designations.
• Leadership and organizational skills necessary to support department goals, assess resource needs, mentor staff, and help develop the skills of team members.

SKILLS AND COMPETENCIES

• Advanced fiduciary judgment and risk awareness.
• Strong client relationship management and executive presence.
• Ability to simplify complex concepts and communicate with clarity.
• Sound knowledge of trust administration, estate settlement, estate planning, tax, investments, and fiduciary operations.
• High degree of discretion, professionalism, diplomacy, and responsiveness.
• Ability to work collaboratively with internal teams and external advisors.
• Business development orientation and ability to cultivate centers of influence.
• Leadership, mentoring, and project management capability.
• Strong organizational skills and ability to manage competing priorities in complex matters.

All candidates for hire will undergo a credit and criminal background check. Only qualified candidates will be contacted.