Wealth Planning Advisor

525 8th Ave SW East Tower Calgary Alberta,T2P 1G1

**Wealth Planning Advisor**

The Wealth Planning Support Team is a business unit within BMO Wealth Distribution and Advisory Services, a dedicated team of knowledgeable professionals with diverse expertise in wealth planning. We leverage a team approach to deliver innovative and customized wealth planning solutions designed to assess overall wealth management needs and recommend strategies to help clients preserve, enhance, transfer and protect their wealth.

**Centralized Planning and Coaching Support** 50%
- Support BMO Wealth Planning and Advisory Team’s Centralized planning platform. Prepare, model and update financial planning requests sent by frontline planners. Provide Subject matter expertise to all wealth planning professionals through the enterprise. Provide technical expertise around BMO WealthPath and positive coaching around wealth planning.
- Respond/Refer escalated inquiries from WPST team and cases that require more complex product, technical and taxation and estate planning knowledge.
- Work in partnership with the HNW Wealth Planning Consultants, providing technical software support where required.
- Provide Financial Planning expertise where required on enterprise-wide working teams and programs
- Maintain awareness of latest legislative changes around wealth planning and other financial industry changes that may affect team processes and/or impact financial planning delivery in LOBs
- Continually evolve wealth planning skills to include complex planning techniques, example Executive compensation, Trusts, complex corporate structures, and insurance.

**Provide Subject matter expertise **(40%)
- Maintain awareness of latest legislative and other financial industry changes that may affect Financial Planning
- Assist/contribute to development of tools that encourage adoption of Financial Planning
- Assist/ develop support materials related to financial planning, such as reference guides, FAQ’s, Weekly Quick Tips and other relevant documentation
- Perform quality review and audit functions - Check accuracy and quality of Financial Plans created by users to mitigate risk to the organization (in accordance to process and standards set).

**Business Processes/Operational effectiveness** (10%)
- Assist in the maintenance of the quality review front line handbook for errors, improvements or additions.
- Assist in identifying business requirements for WealthPath and participate in user-acceptance testing of upgrades to WealthPath
- Identify limitations and issues with WealthPath software design based on Planning knowledge (i.e. assumptions errors or calculation errors) and communicate through formal Change Request process

**Knowledge & Skills**:

- At least 5-7 years of financial planning experience gained through client contact or in a technical advisory supportive role to advisors, coupled with investment industry knowledge.
- Strong understanding of advanced financial planning concepts and how to model in planning software
- Professional Planning Designation (CFP or PFP or QAFP) or IQFP (required for Quebec)
- Strong Technical Knowledge of WealthPath
- Strong customer services skills and focus
- Excellent computer skills (Word, PowerPoint, Excel, MS teams, Microsoft 365.
- Etc.)
- Deep knowledge and technical proficiency gained through extensive education and business experience.
- Verbal & written communication skills - In-depth.
- Collaboration & team skills - In-depth.
- Analytical and problem-solving skills - In-depth.
- Influence skills - In-depth.
- Results oriented and client focused

At our company, we have been helping our customers and communities for over 195 years. Working with us means being part of a team of talented and passionate individuals with a shared focus on working together to deliver great customer experiences. We stand behind your success with the support you need to turn your potential into performance.

BMO Financial Group is committed to an inclusive, equitable and accessible workplace. By embracing diversity, we gain strength through our people and our perspectives.
- Recommends and implements solutions based on analysis of issues and implications for the business.
- Works closely with wealth and high net worth consultants to coordinate workflow, identify efficiencies and issues, and to refer clients.
- Provides support to frontline professionals to include, but is not limited to, full development of financial advisors, identification and summary of financial/revenue opportunities, conducting debriefs to in preparation for client presentations.
- Participates in the design, implementation and management of core business/group processes.
- Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences.
- Supports users on the effective use of financial planning tools, provides guidance and responds to inquiries.
- Conducts user acceptance testing for financi