Fiduciary Advisor

Why Work at Bremer?

Are we a bank? Absolutely. But when it comes to careers, you'll find that there's a lot more to our business than you might expect. We're passionate about helping customers throughout Minnesota, Wisconsin and North Dakota succeed and grow. We invite you to join our team!

Job Description

Bremer Wealth & Asset Management provides personalized guidance to affluent and high-net-worth individuals, helping them navigate the complexities of wealth. Our perspective goes beyond traditional wealth management by offering a tailored network of resources aligned with each client's unique values and needs.

We're distinguished among all wealth managers by our philanthropic spirit, boutique identity, and holistic approach. We serve our clients with a flexible process, sophisticated modeling, and cutting-edge open-architecture investment solutions. We know our people are our advantage. Our collaborative culture means each client is supported by a team of specialists aligned with a shared sense of purpose.

Bremer Wealth & Asset Management is a business unit of Bremer Bank, an 80-year-old, multi-award-winning financial institution with over 1,500 employees across 70 locations in 3 states and over $6.7 billion in assets under management.

Join us in pursuing excellence. Learn more at www.Bremer.com/Wealth

Our Approach to Wealth & Asset Management

In a world where many wealth managers seem indistinguishable, Bremer Wealth & Asset Management stands out by delivering an experience that transcends traditional investment outcomes. Our goal is to build long-term relationships, explore new opportunities for our clients, and craft innovative financial strategies. We help clients, their causes, and their communities envision and attain a more meaningful and prosperous future.

What Our Wealth & Asset Management Business Stands For

• Trustworthiness: We prioritize accountability, with transparency, integrity, and reliability as the foundation of our approach to wealth management.
• Teamwork: We believe in collective success. Our uniquely collaborative culture ensures that we provide exceptional, personalized service through a comprehensive wealth management platform.
• Equity: We are dedicated to fostering diversity and inclusion, where every employee is valued and treated with fairness.
• Community: We actively build networks of like-minded individuals, leveraging our resources to create stronger, more connected communities.
• Responsibility: We empower our team to positively impact not only our clients but also society and the world at large.

The Role of a Trust & Fiduciary Services Advisor

Our Trust & Fiduciary Services Advisors ("Fiduciary Advisors") play a crucial role in managing and administering trusts and estates for clients, providing them with expert guidance on fiduciary matters. They partner closely with all groups within Bremer's Wealth & Asset Management offering, and act as a trusted advisor, helping clients protect and transfer their wealth in accordance with their wishes while adhering to legal and regulatory standards. Fiduciary Advisors build strong, long-lasting relationships with clients, becoming deeply familiar with their family dynamics, financial goals, and estate planning needs. Fiduciary Advisors are part of each client's inner circle, enhancing their financial well-being, and distinguishing themselves in a competitive industry.

On a day-to-day basis, Fiduciary Advisors, together with a team of investing, complex planning and relationship experts, offer specialized advice and guidance to our clients on matters related to trust administration and fiduciary duties, including:

• Administration of trust accounts and related responsibilities in accordance with terms as specified in trust instruments.
• Investing, managing and distributing trust property, and giving due regard to the beneficiaries' respective interests.
• The formation of new trust accounts, providing advice concerning types of trusts and arrangements that may be best suited for clients' unique situation.
• Collaborating with clients' legal and tax advisors to ensure the proper planning and execution of fiduciary objectives is accomplished in an efficient manner.

The Ideal Candidate

The ideal Fiduciary Advisor is detail-oriented, highly organized, and skilled at navigating complex fiduciary responsibilities. They should have a deep understanding of trust and estate law, and experience working with affluent and high-net-worth clients. Excellent communication skills are essential, as you will need to explain complicated legal and financial concepts in a clear and approachable way. Strong problem-solving abilities and a passion for helping clients achieve their legacy goals are key to success in this role.

The most successful Fiduciary Advisors are experts in the world of trust, estates and fiduciary administration, and can seamlessly accomplish the following objectives:

• Manage, develop and oversee a diverse portfolio of trust accounts, estates and fiduciary relationships, ensuring our fiduciary obligations are paramount.
• Originating and reviewing distribution requests for content and appropriate supporting documentation, review of Power-to-Adjust Requests, etc., including coaching of internal client team members on appropriate submission content.
• Review and offer guidance on sophisticated inter-vivos and testamentary trust instruments for affluent and high-net-worth clients and prepare accurate abstract / synopsis of relevant provisions.
• Review and offer guidance on wills and estate plans, working to ensure the proper administration and compliance with the law.
• Issue spot newly accepted trusts to provide proper account setup guidance to internal colleagues.
• Prepare initial trust reviews for newly opened trust accounts to assist internal colleagues and ensure accurate administration from inception.
• Oversee the trust termination process when trusts terminate, including drafting of appropriate letters, receipts and file correspondence.
• Serve as a resource for internal colleagues in all aspects of the administration of trust accounts where Bremer serves as trustee, including specialized accounts and assets.

Qualifications:

• Working knowledge of trust and fiduciary law and investment management as it relates to trust and fiduciary responsibilities.
• Working knowledge of basic income tax, estate tax, gift tax and GST tax.
• Working knowledge and previous success interpreting trust and fiduciary instruments, and directing actions in accordance with those instruments
• At least 5+ years of experience in personal trust administration
• Comfortable interacting with individuals of significant wealth
• Trustworthiness and personal integrity that is beyond reproach
• Excellent analytical skills and attention to detail.
• Excellent oral and written communication skills, as well as the ability to deal effectively with a wide variety of people - a team player.
• Ability to handle multiple competing priorities and organize tasks effectively
• Ability to work independently and self- start projects.
• Willingness to travel occasionally
• College degree required; Law degree and/or CTFA designation preferred

#LI-hybrid, #LI-JT1

Pay Range

Pay Type: Exempt/Salaried

Minimum: $ 80,000.00

Midpoint: $114,400.00

Maximum: $148,700.00

The base pay offered will consider internal equity and may vary depending on the candidate's job-related knowledge, skills, and experience, among other factors.

A bonus and/or incentives may be provided as part of the compensation package, in addition to the full range of medical, financial, time-off, and/or other benefits, dependent on the level and position offered.

Bremer Values & Benefits

Our Values

Collaboration: We work elbow-to-elbow with our customers, making a difference for them in good times and bad. We share our skills, knowledge and experience to support each other every day.

Commitment: We're deeply invested in the places we live and work, and we're always ready to do whatever it takes to help our neighbors and communities thrive and grow.

Creativity: Imagination and innovation are essential to helping our customers and Bremer succeed. If there's a better way to do something, we'll find it or create it.

Our Benefits

Let's talk about benefits. Beyond our 401(k), pension plan, healthcare, 11 holidays, and vacation time, we offer everyday benefits that get you excited for what each day holds.

Equal Employment Opportunity

Bremer Bank is committed to a diverse and inclusive workforce. We've built an organization of experienced, intelligent and collaborative people from a range of all backgrounds, and all of them contribute something essential to helping our customers thrive and grow.

All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.

Miscellaneous Items to Note

• Must be currently legally authorized to work in the U.S. without sponsorship for employment visa status (e.g., H1B status, 0-1, TN, CPT, OPT, etc.). Unless specifically stated in the job posting, we are unable to sponsor or take over sponsorship of an employment Visa at this time.
• Posting End Date - We want to see you grow and succeed! Please apply today as our postings are up typically a minimum of 5 days. Once we have received a sufficient candidate pool, postings will be closed. Don't miss out on this opportunity to showcase your potential and take the next step in your career.
• Notice to California Applicants - for your awareness, please see Bremer Bank California Notice at Collection and Privacy Policy
• Accessibility Commitment - Bremer is committed to accessibility, diversity and inclusion for all our applicants. We believe everyone should be able to have equal and effective access to our websites and our services. We have worked very hard to ensure that our website and digital content meet the needs of our applicants and visitors. Click here for more information on our accessibility and how to get in touch with us.
• Notice to Third Party Recruiters - Bremer Bank, National Association, including its affiliates, does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed agreement for recruiting or placement services, Bremer will have no obligation and will not agree to pay any referral or recruiting fee. In the event a recruiter or agency submits a candidate for consideration, Bremer explicitly reserves the right to pursue and/or hire any such candidate(s) without any financial or other obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, will be deemed to be the property of Bremer.