Family Office Advisor - Goldman Sachs Private Family Office - San Francisco

Description

ABOUT THIS JOB

The Goldman Sachs Private Family Office provides financial counseling and full-service implementation to address the financial complexities of CEOs, founders, private equity principals and ultra-high net worth individuals and their families. Our clients value having a single point of contact to address their specific planning needs and manage their financial affairs. 

Our holistic approach incorporates financial planning in several areas such as: consolidated investment review, income tax preparation and planning, estate planning and wealth transfer, employee benefits, risk management, philanthropic planning and cash management.

We are seeking an experienced and skilled Family Office Advisor to join our team. The ideal candidate will have extensive experience in a single or multi-family office providing comprehensive financial planning and advisory services.

IMPACT AND RESPONSIBILITIES

Our Impact:

The Goldman Sachs Private Family Office is designed to service the firm’s most strategic clients. Our trusted Advisor teams have worked with sophisticated ultra-high net worth clients for more than thirty years. We target a client ratio of 8-12 families per advisor. This ratio allows our teams to dedicate the needed time and resources to each client’s unique financial circumstances to deliver an exceptional client experience.   

Principal Responsibilities:

Manage client relationships and a team of financial planners and analysts in providing high quality white-glove financial planning and implementation across the following areas:

Advisory Coordinate and Administration

• Advise, coordinate and manage relationships across multiple client advisers, including attorneys, accountants and bankers to ensure seamless communication and integration of planning.

Financial Statement Preparation

• Prepare and review financial statements, including balance sheets, income statements, and cash flow statements to identify trends and planning opportunities or challenges. 

Tax Planning and Administration

• Develop and implement tax efficiency planning strategies and ensure compliance with tax laws and regulation. 
• Prepare and review client tax returns. 

Estate and Trust Planning

• Collaborate with client T&E attorney to develop, illustrate, and implement estate plans. 
• Ensure efficient transfer of wealth and the minimization of estate taxes. 

Risk Management and Insurance Planning

• Assess and manage risk exposure through insurance planning; develop strategies to mitigate risk and protect assets.

Liquidity and Cash flow Planning and Management

• Analyze and manage client cash flow to ensure sufficient liquidity to meet all financial obligations. 

Philanthropic Support

• Collaborate with clients to develop and implement philanthropic strategies, including charitable giving and foundation planning to ensure tax-efficient giving and a maximized impact.

Investment Tracking and Monitoring

• Monitor and analyze investment portfolios to ensure alignment with client goals and objectives.
• Collaborate with internal and external investment managers to optimize investment strategies.
• Track and report on alternative investment portfolio.

SKILLS & EXPERIENCE WE’RE LOOKING FOR

Basic Qualifications:

• Bachelor's degree in Finance, Accounting, or related field.
• Advanced degree/designation required (e.g., MST, MBA, JD, CPA, CFP).
• Minimum 7 years of experience in financial planning, wealth management, tax, consulting, or a related field.
• Proven track record of working with ultra-high net worth clients.
• Strong knowledge of financial planning concepts, including tax planning, estate planning, and investment management.
• Excellent communication, interpersonal, and project management skills.
• Experience managing a team or acting in a leadership position.
• Ability to maintain confidentiality and handle sensitive client information.