The Business Transition Planning Strategist is responsible for supporting and enhancing client relationships through the development, of business transition planning analysis and strategies, often involving complex financial, tax and estate planning issues.
Position Competencies
Support and expand wealth management business by providing consultative and advisory services through sophisticated analysis and delivering analysis and client deliverables on business transition planning engagements with Comerica clients and prospects.
Assists in developing and implementing business transition alternatives plans for businesses owners utilizing knowledge of business valuation, cash flow planning, transition alternatives, tax strategies, and transaction structures.
Analyzes clients' and business' financial status and develops business transition plan based on analysis of data and discusses transition options with client.
Prepares and submits documents to implement plan selected by client. Maintains contact with client to revise plan based on modified needs of client or changes in market.
Position Responsibilities
Assist Sr. Strategists with developing and managing book of business transition planning business consisting of complex and high net worth business-owning clients.
Prepare financial models and client deliverables for engagements. Develop "cutting edge" financial and transition strategies- create means to communicate them to our client.
Provide subject matter expertise to all internal partners across the entire organization related to Business Transition Planning and alternatives.
Create and disseminate content related to Business Transition Planning for educational, marketing, and sales purposes.
Work with other members of Wealth Planning Team to train and mentor in Business Transition Planning subject matter.
Meet with existing clients on ongoing basis to further engagements.
Resource to other colleagues including Financial Consultants, Trust and Estate Advisors, Portfolio Managers, Private Bankers, Wealth Advisors, and Commercial Banking Relationship Managers.
Demonstrate leadership in, Sales Teams, and Financial Planning. Continually looking for new planning opportunities.
Position Qualifications
Bachelor's degree from an accredited University
Preferred master's degree in MBA, Finance, Accounting
8 years of experience in advising business owners on financial, accounting, valuation, succession, transition, or M & A
Preferred certifications in CFP, ASA, ABV, CVA
Work Best Category
Category C - Days in the office will either be designated days or will vary week to week from 2-5 days
Hours
8:00am - 5:00pm Monday - Friday
Salary
To Be Determined Based on Individual Experience
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Business Development and Sales
Industries
Banking
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