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Wealth Planning Advisor- Quality

The Wealth Planning Support Team, part of BMO Wealth Planning & Advisory Services, provides planning guidance, solutions and subject matter expertise to BMO Wealth Professionals throughout the wealth planning process.

The Wealth Planning Advisor (WPA) reviews financial plans for quality, accuracy and consistency; provides coaching to front-line Wealth Professionals and internal planning partners; and advises on investment, retirement, transition, estate, tax, insurance and corporate planning strategies. The role promotes sound financial planning practices, effective use of WealthPath, risk mitigation and a consistent client experience while identifying development needs through quality review findings.

Quality Review Oversight and Coaching (50%)

• Review financial plans prepared by Wealth Professionals and internal planning specialists for accuracy, effectiveness and quality in a high-volume environment, including:

o Confirming client objectives and analyzing current circumstances.

o Assessing advice, strategies, recommendations and alternative scenarios.

o Identifying coaching and development opportunities.

o Consulting tax, legal and insurance specialists as needed.

• Provide clear, tailored feedback against standardized quality benchmarks, including verbal debriefs and coaching.

• Maintain oversight reporting and communicate timely updates.

• Analyze review results to identify trends, common errors, risks and targeted training needs.

• Guide users on financial planning principles, concepts and WealthPath inputs.

• Stay current on wealth planning developments, share knowledge and recommend process improvements.

Subject Matter Expertise (40%)

• Provide financial planning expertise to Wealth Professionals and enterprise initiatives.

• Deliver technical support to front-line planners through phone, email and Microsoft Teams.

• Monitor legislative and industry developments affecting financial planning.

• Develop tools and support materials that promote financial planning adoption, including reference guides, FAQs and quick tips.

• Perform quality review and audit activities in accordance with established standards to mitigate organizational risk.

Business Processes and Operational Effectiveness (10%)

• Maintain and improve the Quality Review Front-Line Handbook.

• Identify WealthPath business requirements and support user acceptance testing for system upgrades.

• Identify software limitations, assumption issues and calculation errors, and submit formal change requests.

• Support the central planning team as required.

Knowledge & Skills:

• Three or more years of financial planning experience in a client-facing or advisor-support role, with strong investment industry knowledge.

• Strong knowledge of financial planning concepts and proficiency with WealthPath or comparable planning software.

• PFP®, CFP™ or QAFP™ designation; IQPF designation required in Quebec.

• Consultative, collaborative and client-focused approach.

• Strong written and verbal communication, analytical thinking, influencing and teamwork skills.

• Proficiency with Word, PowerPoint, Excel, Microsoft Teams and Microsoft 365; comfortable using AI to enhance work.

• Results-oriented, with strong service skills and attention to quality.

• Hybrid role combining in-office and remote work.

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.