General Function: The Wealth Management & Trust Advisor partners with high-net worth clients to identify their financial goals, analyze and develop recommendations that will help them work towards well defined financial objectives. Serve as a trusted advisor with clients, which allows the Wealth Management & Trust Advisor to provide strategic investment advice as well as recommend value-added products and services.
Supervisory Responsibility: Yes
Essential Duties & Tasks: • Seek new business opportunities to help grow the Wealth Management Department’s portfolio of clients. • Perform as investment agent or trustee or personal representative on behalf of existing and new clients. • Maintain existing Wealth Management Relationships by performing tasks required within the scope of that relationship. • Prospect and develop client relationships for new and additional business among existing and new account Wealth Management opportunities. • Maintain and foster communications with customers and employees. • Administering Wealth Management accounts, reviewing investments, and placing trades, and making distributions. • Prepare and gather documentation and reports for various committees • Performance of related clerical account administrative duties while maintaining compliance. • Maintain ongoing education to maintain certifications. • Research, develop and schedule sales calling schedule while searching for new business opportunities. • Ensuring compliance in BSA, OFCA, Privacy, Information Security and all other regulations as applicable to the position. Failure to ensure compliance can result in Civil and Criminal Penalties, as well as corrective actions up to and including termination. • Staying knowledgeable on the bank’s products and services and looking for opportunities to make recommendations to customers based on need. • Fostering the spirit of teamwork in supporting the bank’s goals and mission statement. • Attend weekly relationship manager meetings. • Displays the ability to be highly effective in a team-oriented environment and to build relationships based on added value, not title or authority. • Supports a proven track record of successfully collaborating with and influencing management and peers to support growth and financial results. • Actively participates within professional and community organizations. • Actively networks and effectively builds relationships internally and externally of the Bank • Additional duties as assigned
Minimum Knowledge, Skills and Abilities:
• Bachelor’s degree required • Graduate degree (JD, MBA) preferred • Professional designee (CTFA or similar) • 10 years of demonstrated fiduciary client service/sales • Advanced knowledge of trust administration, estate planning strategies, and income and estate tax matters
Working Environment: • Normal office environment with little exposure to dust, noise, temperature and the like. • Extended viewing of CRT screen. • Travel is required
We operate our bank for a fair return to our stockholders. Our plan is to deserve the profit, because we deliver a quality personal service our clients deserve and want.
From selling appliances to offering financial services; advising customers so they can make informed decisions is “The Bluegrass Way”.
January 1, 1936, Charles H. Jett, Jr. purchased the Servel Electrolux Gas Refrigerator franchise & business from his father, Charles H. Jett, Sr. and soon began offering financing options to customers.
Keeping it in the family, Mayme Bush Jett kept the business running when her husband, Mr. Jett, Jr. enlisted in the Army Air Corp., during World War II.
The historic Jett Building at 101 E. High Street, which was built in 1820, was purchased in 1945. The first two floors were used for the appliance business, while Charlie and Mayme made their home on the top floor for the first few years.
On January 31, 1947, the corporation Jett’s Inc. was formed. Since that date the corporate articles have been amended several times and as the business evolved, underwent several name changes.
•In 1956 The Jett’s Inc. name was amended to Preferred Credit Corpora...tion and an Industrial Loan Charter was obtained.
•In 1959 the name was amended to Preferred Thrift and Loan, Inc., as certificates of investment became the focus.
•By 1966 the corporation developed the basic financial structure of a bank.
•On April 10, 1972 the name was amended to Bank of the Bluegrass, Inc. and a commercial bank charter was obtained. Eight people were employed by the bank.
•When Trust Services were added in 1981, the name was amended to Bank of the Bluegrass & Trust Co.
•And, in 1982 Bluegrass Bancshares, Inc., a one bank holding company, was formed to hold 100% of the bank’s stock.
While attempting to maintain the historical features, the Downtown location has undergone many renovations. The bank has also added additional branches and an operations center. The staff has grown to over 60 employees, and the bank is invested in keeping technology best in class.
•The leadership of Charles H. Jett Jr. ended when he passed in 1983.
•Charles H. Jett III became Chairman of the Board and CEO, until he passed in 2000.
•Mark H. Herren was then elected as Chairman of the Board and CEO.
•In 2004 Bill Allen joined the leadership team as bank President.
The bank continues to be a locally owned, independent community bank committed to uncompromised financial strength, and unparalleled client and community service.