Our client is a growing and well established multi-family office located in center city, Philadelphia. The office offers its expertise in international and United States tax, compliance, trust and estate planning and administration and related family office services for high and ultra-high-net-worth private clients and private investors.
This main purpose of the role is to provide direct support to assigned family relationships.
DAY-TO-DAY RESPONSIBLITIES
- Initiate and work through to completion, with Senior Associate, the intake and on-boarding of all relationships and related services.
- Maintain internal project and client management system and all related informational and document files for all relationships.
- Establish banking, brokerage, private equity and various other types of accounts/investments for relationships.
- Initiate and monitor large domestic and international transactions both in USD and foreign currency on an ad hoc and reoccurring basis.
- Establish companies/entities, obtain employer identification numbers and file required annual state/otherjurisdictional reports.
- Perform annual internal audit of all relevant relationships with a formal report of the same to Senior Associate and Partner for review and sign-off.
- Attend to all disbursements, receipts and other transactions through to completion.
- Compile, assemble and process all relevant tax return and/or other compliance information for use inpreparing and filing required returns and other disclosures at the direction of the tax department.
- Review and issue financial reports for assigned relationships.
- Actively communicate with clients and client advisors, systematically coordinating no less than twice annually a review with each and the Partner.
- Prepare related notes and reports and execute on follow-up systematically complete annual fiduciary reviews of all relationships.
- Complete ad hoc relationship special projects
QUALIFICATIONS & EXPERIENCE
- College degree and a minimum of 3 years' experience within asset/wealth management.
- Experience doing analysis
- Tax/accounting exposure desired; a CPA a plus
- Experience working in a client services oriented environment.
- Experience in using Microsoft Office; intermediate to advanced Excel.
- A second language would be an advantage, but not a requirement.