J.P. Morgan Private Bank provides customized financial advice to help wealthy clients and their families achieve their goals through an elevated experience. Clients of the Private Bank work with dedicated teams of specialists that bring their investments and financial assets together into one comprehensive strategy, leveraging the global resources of J.P. Morgan across planning, investing, banking, philanthropy, family office management, fiduciary services, special advisory services and more. The Private Bank oversees more than $2.1 trillion in client assets globally.
Job Summary:
As a Wealth Advisor - Associate, we are seeking an Advice Lab Trust and Wealth Specialist to join our team and play a crucial role in delivering high-quality advice on US tax law and marital law to our clients. This position involves reviewing sophisticated estate plans, premarital and post-marital agreements, and divorce settlement agreements, as well as researching and building internal materials. The ideal candidate will partner with subject matter experts to provide meaningful materials and presentations to clients and prospective clients.
Job Responsibilities:
- Review sophisticated estate plans, including wills and trusts, to obtain a thorough understanding of the plans and flow of assets, with the ultimate goal of providing insightful client materials summarizing the estate plans.
- Review sophisticated premarital and post-marital agreements, as well as divorce settlement agreements, with the ultimate goal of providing a summary of financial obligations, relevant terms, and highlighting applicable state laws.
- Research and building out internal materials (e.g., U.S. state matrix for matrimonial advisory practice, including state-specific answers to the top 5-10 questions).
- Partner with subject matter experts in US federal income tax, transfer tax, and matrimonial law to provide meaningful material and presentations to clients and prospective clients. Prepare or updating presentations and materials for client and prospective client meetings.
- Coordinate with stakeholders on client needs, meeting agendas, and managing client follow-up. Provide insights during pre-call meetings and contributing meaningfully.
- Research inquiries using various research tools and managing follow-up communication and materials. Partner with subject matter experts to service clients.
- Identify and summarize key language in legal agreements or investment offering documents. Willingness to help build out, maintain, and be instrumental in the intake process of estate plan reviews for complex UHNW clients.
- Able to summarize sophisticated estate planning documents, including wills and trusts, in a succinct format based on specific information needed as posed by the ATLAS team, potentially with the assistance of AI.
- Able to quickly organize estate planning documents received from internal partners and identify potential gaps, following up for missing key information. Assess differences between spouses’ wills and revisable trusts and other trusts that may seem identical.
Required qualifications, skills and capabilities:
We seek candidates with a unique blend of leadership, interpersonal, and analytical skills. In addition to functional responsibilities, the lead is expected to act as a key engagement point with the ATLAS team to help with efficiency in producing high-quality, complex analyses of client estate plans. Specific qualifications include:
- University degree holder (LLB / LLM or equivalent) and/or with 5+ years of professional experience in a similar capacity.
- Excellent attention to detail and understanding of nuances of US estate and trust legal terminology.
- Experience with US States’ estate planning documents and how they interact, including:
- Wills and will codicils,
- Revisable trusts and restatements and/or amendments,
- Irrevocable trusts (and any decanting documents, changes to Trustees, court-ordered amendments and/or non-judicial settlements, where applicable),
- Pre/anti and post-nuptial agreements.
- Experience with the US transfer tax system (e.g., federal and state gift, estate, and generation-skipping transfer (GST) tax), exclusion and exemption amounts, gift tax returns. Understanding of how different US States’ estate taxes intersect with US federal estate taxes.
- Ability to objectively review processes for optimal efficiency, risk control, and business integrity. Excellent stakeholder engagement skills.
- Strong team orientation: must be willing to partner with the ATLAS team, which supports the entire U.S. Private Bank. Strong understanding of the needs and sensitivities of client management.
- Absolute discretion when dealing with confidential matters. Able to work under minimal supervision; adaptable to work in a demanding environment.
- Detail-oriented and results-focused. Excellent interpersonal skills, both written and oral.
- Exceptional follow-up and follow-through skills. Experience presenting in one-on-one meetings with internal partners.
- Inclination to understand market dynamics and develop expertise. PowerPoint and Excel expertise required.
Preferred qualifications, skills and capabilities:
- Understanding of types of asset ownership in the US and US marital property law.
- Fluency in English and experience working in the US legal industry.
- Experience in the financial services industry, preferably in wealth management, or in related, specialized professional services firms.
If you are a detail-oriented professional with a passion for US tax law and marital law, and a strong understanding of legal and financial complexities, we encourage you to apply for this exciting opportunity.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
