Dual relationship with Financial Advisor and Trust Administration officer to handle the investment assets of existing trust accounts for individual clients following fiduciary standards.
Review client's asset allocation and develops Investment Policy statements for the fiduciary account collaborating with the client's Ameriprise Financial Advisor to recommend investment strategies suitable to account objectives.
Monitor account investment performance and present to the Advisor and clients.
Review legacy positions and recommend investment models, position concentration mitigation strategies, and the management of special assets (real estate, MOG, closely held business) with reference to clients' tax situations and recommend financial advisor's interaction with clients on findings.
Works with Financial Advisors to facilitate and coordinate investment activity with co-trustees. Respond to client inquiries regarding investments and conduct periodic investment reviews.
Actively participate in the Investment Sub-Committee. Participate in other projects (e.g., investment management topics, ILIT and insurance assets in trusts, proxy voting, corporate actions, etc).
Contribute to the investment side of the sales process for personal trust; review and analyze portfolios, propose change, and monitor account establishment and funding of trusts.
Review asset statements, trust agreements and other supporting documentation to gain understanding of case; coach advisors through the portfolio implementation process; review all necessary supporting materials that are provided by advisor to prepare file for account acceptance.
Required Qualifications
Bachelor's degree or equivalent experience
5+ years' investment management experience
Requirements
Good written and oral communication skills
Effective presentation skills
Strong organizational skills and attention to detail
Experience in trust investment management
Good analytical and problem solving skills
Visa Sponsorship
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
In-Office Collaboration
Base Pay Salary
Benefits
Performance bonus
Additional Information
About Our Company
We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Job Description
This is a key role in the management of Personal Trust accounts at Ameriprise. Working together with the Trust Administration Officer, you will handle the investment process of trust accounts, including reviewing trust investments (including unique assets), developing investment strategies, communicating with Ameriprise Financial Advisor and clients and monitor and execute investment activities in the trust account.
The Trust Investment officer is also responsible for retention of client relationships and collaborating with the new business officers to attract additional assets.
Ameriprise · Minneapolis, MN