Tax Planning Advisor

$110,000 - $130,000/Yr

Transcend Practice Management - Cedar Rapids, IA

Full-time - Senior

Cedar Rapids, IA

About the position

The Tax Planning Advisor at Transcend Practice Management is a senior-level role focused on providing integrated tax and wealth management services to clients. This position emphasizes a client-centric approach, combining investment management, retirement planning, and legacy wealth strategies to create personalized financial plans. The advisor will work collaboratively within a team to enhance client relationships and uphold the firm's values of integrity and accountability.

Responsibilities

• Assist in the integrated tax and wealth management of clients' assets, including investment, estate, financial, tax, and philanthropic needs.
• Oversee tax planning for a designated client base.
• Understand and apply the benefits of integrated tax planning software with the SFS client service model.
• Enhance the integration of various disciplines within the wealth management platform (tax, estate, charitable, investment, risk mitigation, and financial).
• Comprehend the philosophy and mechanics of the investment strategy.
• Review cases and set up, prepare, and implement action steps for client reviews in conjunction with colleagues.
• Maintain and enhance client service levels as part of a larger service team.
• Participate in designing new prospective cases.
• Monitor tax, philanthropic, and planning issues as they arise.
• Provide candid feedback for firm growth decisions, drawing from your experience.
• Engage in business development, identifying and onboarding new wealth management clients.
• Serve as a primary tax resource for a specific segment of clients, providing individual and collaborative client service.
• Review estate plan documents, tax situations, and other financial planning topics.
• Engage in year-round tax compliance reviews and planning.
• Oversee and partner with targeted clients to review and evaluate tax returns and compliance for assigned clients.
• Ensure timely completion of tax-related research, data gathering, and presentation materials.
• Present components of comprehensive financial plans to clients.
• Manage scheduled client contact, including preparation, agenda setting, and follow-up.
• Collaborate with the investment team to manage tax issues in client portfolios.
• Act as an internal expert on tax planning, compliance, and administration.
• Monitor and review client quarterly tax estimates and provide custom recommendations.

Requirements

• Bachelor's degree in math, finance, accounting, or business preferred.
• 5 years of experience in the industry.
• 3+ years of experience in financial or accounting services.
• Series 7, 66 and Life and Health license are preferred (or to be obtained within 12 months).
• CPA designation preferred.
• Holistiplan experience preferred.
• Experience in client-focused planning activities in the high-net-worth space is desirable.
• Professionalism and the ability to thrive under pressure.
• Excellent oral and written communication skills.
• Attention to detail.
• Strong problem-solving and critical-thinking skills.
• Positive attitude and enthusiasm.
• Confidence and adaptability.
• Flexible in embracing change.
• Drive to help clients and co-workers.
• Willingness to learn.

Nice-to-haves

• Experience in client-focused planning activities in the high-net-worth space is desirable.
• Holistiplan experience preferred.

Benefits

• Competitive salary ranging from $110,000 to $130,000 based on experience.