Trust Administrator
Our Story
Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their financial vision. Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).
Hightower Trust Company is a wholly owned subsidiary of Hightower and exclusively serves Hightower’s advisors and their clients. Hightower Trust Company provides fiduciary services and investment management oversight to help preserve clients’ wealth, giving them peace of mind that their trusted professionals will be there to support their families for years to come.
Your Future Team
Reporting to the Vice President, Investment Management, Trust Company, the Trust Administration team provides exceptional service to financial advisors and clients by accurately and efficiently managing all accounts and ensuring the terms of the governing document are followed, mitigating risk within accounts, and following all policies and procedures. The team maintains strong working relationships with Hightower’s registered investment advisors and provides superior customer service to trust beneficiaries. The Trust Administrator is responsible for assisting Trust Officers and directors in administering accounts, processing cashiering, and completing account maintenance.
What You’ll Do
Client Services
Respond to client inquiries in accordance with our service standards
Research various account-related matters for clients or Trust Officers
Account Administration
Assist with post-acceptance and annual administrative account reviews
Assist with account maintenance
Operations
Collaborate with Trust Operations to accurately and promptly set up distributions and other disbursements
Prepare and review daily custodial reports (Trust Company distributions, periodic payments, and overdrafts)
What You’ll Bring
Bachelor’s degree
3 years of trust administration and/or estate planning experience; fiduciary trust administration
Practical experience in the RIA and/or wealth management environments
CTFA or ATFA designation preferred
Ability to work in a fast-paced environment, including excellent time management skills and the ability to balance multiple competing priorities
Strong analytical skills, including the ability to research problems, determine root causes, and identify and implement solutions
Superior organizational skills and the ability to handle multiple priorities with grace without sacrificing quality, accuracy, or deadlines
Laser-focused attention to detail
Proficiency in Microsoft Office applications
Excellent interpersonal, written, and verbal communication skills and the ability to deal effectively with a variety of people
Ability to work independently and efficiently and also to work well in a group setting
Highly motivated self-starter
Knowledge of the principles of trust administration
What We Offer
Coverage on the first day of employment for medical, dental, and vision insurance
Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)
Mother’s lounge onsite
Flexible PTO plan
In-office Monday through Thursday and work from home on Fridays
Free brand-new gym in the Chicago office
401k matching plan
HSA employer contributions
Student loan assistance
Pet insurance
Base salary of $75,000- $85,000 plus discretionary bonus (exact base salary amount will be dependent on experience)
AN EQUAL OPPORTUNITY EMPLOYER: Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.
You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.