Greater opportunities to build the life you want
Greater Peoria, IL
Greater Peoria, IL

Private Client Advisor

Commerce Bank

Commerce Bank

Peoria, IL, USA
Posted on Saturday, September 16, 2023

About Working at Commerce

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.

Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after more than 155 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk.

Since 1906, Commerce Trust Company, a division of Commerce Bank, has been a leading provider of investment management, financial planning, trust and private banking services. Commerce Trust Company provides a full range of wealth and investment planning services to individuals and institutions. We build a comprehensive team around our client’s unique personal and financial situation, managing their wealth and helping them achieve their long-term goals. Commerce Trust Company received the 2019 Highly Commended Private Wealth Manager Award (Over $5 Billion) by Private Asset Management and 2021 Global Finance’s Best Private Banking Award for the Midwest Region. The Commerce Trust Company administers over $70 billion in total client assets.

About This Job

The main purpose of this job is to develop an in depth understanding of the client’s wealth related and personal goals, help protect client’s wealth, and navigate the process of setting up a trust. Our team works with clients to recognize potential risks, identify ways to minimize exposure and keep clients in control of their financial future through trusts, probate administration, charitable trusts, and more.

Essential Functions

  • Deliver comprehensive advice and customized wealth management solutions for high net worth clients and families

  • Effectively manage a portfolio of relationships comprised of fiduciary, IRA and investment management clients

  • Maintain a client centric focus and desire to exceed client expectations

  • Develop comprehensive plans with the client’s professional advisors and Commerce Trust Company (CTC) partners

  • Collaborate proactively with internal partners to identify and service unique client needs while managing the overall client experience

  • Leverage the expertise of internal partners and expert resources to ensure integrated delivery of investment, fiduciary, tax, estate planning, insurance, lending, credit and banking services to meet the client’s goals and objectives

  • Identify opportunities for the sale of investment management products and trust services

  • Take on informal leadership roles as needed

  • Perform other duties as assigned

Knowledge, Skills & Abilities Required

  • Strong knowledge of relationship management services, such as wealth transfer planning, taxation, estate planning and wealth management products and services acquired through extensive work-related experience and continuing education

  • Strong relationship management, networking and business development skills

  • Demonstrated ability to expand revenue, assets and client base

  • Strong analytical, problem solving and critical thinking skills

  • Ability to maintain a valid driver’s license and meet Commerce Bank’s driving record criteria; ongoing employment may be contingent upon meeting all driving requirements

  • Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

  • Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills

  • Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

  • Advanced level proficiency with Microsoft Word, Excel and Outlook

Education & Experience

  • Bachelor’s degree or equivalent combination of education and experience required

  • 6+ years of trust and estate experience required

  • Previous with related legal experience preferred

  • Certified Financial Planner (CFP) and/or Certified Trust Fiduciary Advisory (CTFA) designation preferred

For this position, Commerce Bank will review your motor vehicle driving record. If you express interest in and are considered for this position, you’ll be asked to authorize our review of that record.

**Level of role is determined by knowledge, experience, skills, abilities, and education

Location: 401 Main Street, PEORIA, Illinois 61602

Time Type:

Full time