Total Wealth Planner - Scotiabank, Kingston, ON

AI Summary

This Total Wealth Planner role at Scotiabank in Kingston, ON, involves creating and delivering comprehensive Total Wealth Plans for high-net-worth clients. The successful candidate will work closely with Scotiabank advisors and specialists to provide in-depth financial planning advice. Key duties include conducting the full wealth planning process from discovery to presentation. Top requirements include a university degree, an accredited financial planning designation such as CFP or CPA, and a minimum of five years of experience as a high-net-worth financial planner.

About the Total Wealth Planner Role at Scotiabank

As a Total Wealth Planner within Scotiabank's Global Wealth Solutions and Canadian Wealth Management division, you will be instrumental in contributing to the overall success of the team's business strategies and objectives. This vital role focuses on ensuring individual goals and plans are executed effectively, always in compliance with governing regulations and internal policies. Total Wealth Planners are the dedicated in-field resource responsible for developing and presenting comprehensive Total Wealth Plans for Scotiabank's high-net-worth clients. You will collaborate directly with Scotia Wealth Management advisors and their clients, working alongside a local team of specialists to formulate strategic financial plans that address complex client needs. This position is central to delivering Scotiabank's value proposition of trusted advice and customized solutions, helping clients accumulate, preserve, and transfer their wealth across generations.

Driving Client Success and Collaboration

A core accountability of this position is championing a customer-focused culture to deepen client relationships and leverage the broader Bank's resources and knowledge. You will provide in-depth, quality wealth planning advice tailored for all life stages, guiding clients through intergenerational wealth transfer processes and consulting on Advisor-led Total Wealth Plans. The role involves conducting the full total wealth planning process, from initial discovery to final plan presentation, for clients with investable assets typically exceeding $750,000, including business owners, professionals, and individuals with complex family dynamics. Increasing the breadth of the client base by completing plans for previously unengaged advisors is a key performance indicator. You will champion an integrated approach to planning by collaborating with internal specialists in taxation, insurance, estate and trust, and philanthropy, ensuring advisors leverage the right planning resources for their clients. Building and managing relationships is crucial for a seamless client experience, requiring effective work with external professional advisors such as CPAs and lawyers to provide optimal service on intricate planning matters. Understanding Scotiabank’s risk appetite and culture is paramount in all day-to-day activities and decisions, ensuring adherence to the Bank’s values and conduct principles.

Essential Qualifications for this Financial Planning Opportunity

To excel as a Total Wealth Planner, candidates must possess a university degree along with an accredited financial planning designation, such as a Certified Financial Planner (CFP) or Chartered Professional Accountant (CPA). A minimum of five years of experience specifically as a high-net-worth financial planner is required, demonstrating a proven ability to manage complex financial situations and client expectations. Desirable qualifications that would further enhance a candidate's profile include a life insurance license, completion of the Canadian Securities Course, and additional estate and/or tax courses. This highly visible position supports advisors and their teams across Scotia Wealth Management, including ScotiaMcLeod, Private Banking, Private Investment Counsel, and Scotiatrust, playing a cornerstone role in the offerings of Scotia Wealth Management by building and delivering personal financial plans for high-net-worth clients with significant investable assets.