Private Wealth Manager

Position Summary

Cardinal Point Capital Management, ULC dba Cardinal Point ("Cardinal Point"), a subsidiary of Focus Financial Partners, LLC and an affiliate of Focus Partners Wealth, LLC, is a wealth management firm that delivers personalized advice through a collaborative alliance of client-centric advisors.

Cardinal Point is seeking a Private Wealth Manager to support Cardinal Point's team in Ontario. This is an excellent opportunity for candidate who is interested in progressing in cross-border tax planning and tax plan implementation, for individuals, trusts, estates, and business structures. 

Primary responsibilities

• Client relationship management responsibility for assigned clients to meet or exceed the clients' expectations in accordance with each client's contract and all promises, and expectations set for the relationship, on behalf of both the clients and Cardinal Point.
•  Coordinate the initial client relationship procedures, plan writing and development, all client meetings, and correspondence in all phases of the relationship.
• Serve as the clients' liaison, team leader, and advocate within the organization and with outside providers to ensure that the clients' financial plans are implemented in accordance with the firm’s client relationship standards, each plan's recommendations and remain on track throughout all relationship phases with an emphasis on helping achieve the clients' goals and objectives.
• Coordinate the ongoing relationship procedures which include annual or semi-annual reviews for assigned clients and preparing review modules (annual or periodic plan reviews of individual pieces of the financial plan).
• Coordination of the tax and investment processes with the clients’ tax professionals, both internal and external, and the investment professionals, both internal and external, in accordance with the client contract and the firm’s relationship standard.
• Seek to coordinate and follow the firm’s financial planning standards and expectations for the clients when providing financial planning advice.
• Coordination with a Client Relationship Specialist on the onboarding of clients and in the administration of the clients’ investment paperwork.
• Peer reviews for financial plans, particularly with tax planning.

Tax Compliance Responsibilities

• Prepares and reviews U.S. Federal, State Canadian Federal and Provincial Income and Estate Tax returns including personal, trust, and entity returns.
• Prepares and reviews tax projections and tax planning reports for clients
•  Researches tax issues related to client issues and supporting the client needs for tax planning and compliance.
• Ensures that client tax delivery is efficient, on time, and complete.
• Prints, signs, and oversees the delivery of client tax documents to the clients.
• Prepares and reviews personal financial statements for tax preparation using QuickBooks or Excel, and reconciling tax data on financial statements as needed.
• Preparing responses to IRS audits and CRA reviews, letters, and notices, coordinating the responses, managing the process, and monitoring the end results.
• Enlisting taxpayer advocate services when needed and monitor results.
• Identify and effectively communicates and documents tax issues and opportunities
• Maintains high proficiency with Canadian and US tax preparation software, tax research software, QuickBooks
• Excel, and related technologies and firm process applications to facilitate efficient and timely workflow the tax projects, projects under supervision as well as client workflow and assignments.
• Coordinating the tax function, oversight of the tax administration for clients, coordination with outside outsourced resources for tax compliance, project management for tax compliance.

Qualifications

• Bachelor’s Degree;
• CPA, CA, or LLM required, CFP in Canada and/or the US.
• 5+ years experience in tax planning or tax compliance in both the US and Canada.
• An understanding of matters related to income, gift, and estate taxes, investments, employee benefits, insurance, and personal and philanthropic wealth transfer strategies;
• Great interpersonal and process management skills; and
• Analytical expertise, notable attention to detail, and self-initiated follow-through.

Focus Partners Wealth is an organization of wealth, asset, and business management resources that brings strength, innovation, and partnership to client relationships. Through a comprehensive range of services, we work with clients at every stage, helping them control their financial future — whether that’s planning for retirement, preparing the next generation, or growing their business. We are dedicated to fostering meaningful growth for our clients. Our team of advisors works collectively to deliver personalized wealth planning strategies across local communities, placing our clients’ values, goals, motivations, and priorities at the heart of everything we do.

Focus Partners Wealth is a registered investment advisor with the Securities and Exchange Commission. Registration does not imply any level of skill or training. Additional information about Focus Partners Wealth is also available on the SEC's website at www.advisorinfo.sec.gov.

This is an Exempt role. The annualized base pay for this role is CA$ 200,000 .  Actual base pay could vary based on factors including but not limited to experience, subject matter expertise, geographic location where work will be performed and the applicant's skill set.  The base pay is just one component of the total compensation package for employees. 

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For Montana Applicants: If hired, the employment relationship is governed by the Wrongful Discharge from Employment Act. Mont. Code Ann. Section 39-2-901.

For Rhode Island Applicants: Focus is subject to Chapters 29-38 of Title 28 of the General Laws of Rhode Island and is therefore covered by the state’s workers’ compensation law. If you willfully provide false information about your ability to perform the essential functions of the job, with or without reasonable accommodations, you may be barred from filing a claim under the provisions of the Workers’ Compensation Act of the State of Rhode Island if the false information is directly related to the personal injury that is the basis for the new claim for compensation.  The Company complies fully with the Americans with Disabilities Act.