{"id":16,"date":"2025-10-23T08:01:45","date_gmt":"2025-10-23T12:01:45","guid":{"rendered":"https:\/\/pro.ksom.scranton.edu\/dfinan\/blog\/points\/wealth-management-summer-analyst\/"},"modified":"2025-10-23T08:01:45","modified_gmt":"2025-10-23T12:01:45","slug":"wealth-management-summer-analyst","status":"publish","type":"points","link":"https:\/\/pro.ksom.scranton.edu\/dfinan\/points\/wealth-management-summer-analyst\/","title":{"rendered":"Wealth Management Summer Analyst"},"content":{"rendered":"<p><strong>Job function (e.g., overall role, assigned tasks)<\/strong><\/p>\n<p>I supported three advisors and their teams, serving 200+ corporate executives with assets totaling over $5 billion. I was assigned tasks depending on the needs of the advisor, but generally included preparing for client meetings, tax projections, performance reports, ensuring continuity between internal systems, and more.<\/p>\n<p><strong>Examples of projects (e.g., list the projects you worked on and what you accomplished)<\/strong><\/p>\n<p>A few examples of projects include but are not limited to:<\/p>\n<ul>\n<li>I prepared for client meetings by preparing agendas, generating exhibits of a client&#8217;s current financial picture, completing income tax projections in Bloomberg&#8217;s BNA, and doing performance reports on client accounts.<\/li>\n<li>I backfilled and confirmed 1000+ tax payment estimates and extensions within the company&#8217;s internal tax center.<\/li>\n<li>I ensured beneficiary continuity between systems, filing beneficiary change forms for 100+ IRAs, annuities, and life policies.<\/li>\n<li>I completed several TACS transitional analyses for clients looking to transfer assets into Goldman Sach&#8217;s tax advantaged strategic funds.<\/li>\n<\/ul>\n<p><strong>What you learned and how it relates to your major (e.g., describe what you learned from this experience in the context of specific courses)<\/strong><\/p>\n<p>I learned about different investment vehicles, managing numerous types of client accounts and allocating assets accordingly to achieve their goals. I learned about estate planning strategies to pass down assets in a tax-efficient manner, all while avoiding probate. I learned directly how to interact with clients and manage professional relationships in a competitive industry. I learned how macroeconomic, geopolitical, and other events can impact different financial markets and a client&#8217;s financial position. I reinforced all I&#8217;ve learned about finance, markets, accounting, and economics through over 100 hours of firm sponsored training between Financial Edge, Training The Street, and Goldman University.<\/p>\n","protected":false},"author":70,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-16","points","type-points","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/pro.ksom.scranton.edu\/dfinan\/wp-json\/wp\/v2\/points\/16","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pro.ksom.scranton.edu\/dfinan\/wp-json\/wp\/v2\/points"}],"about":[{"href":"https:\/\/pro.ksom.scranton.edu\/dfinan\/wp-json\/wp\/v2\/types\/points"}],"author":[{"embeddable":true,"href":"https:\/\/pro.ksom.scranton.edu\/dfinan\/wp-json\/wp\/v2\/users\/70"}],"replies":[{"embeddable":true,"href":"https:\/\/pro.ksom.scranton.edu\/dfinan\/wp-json\/wp\/v2\/comments?post=16"}],"version-history":[{"count":0,"href":"https:\/\/pro.ksom.scranton.edu\/dfinan\/wp-json\/wp\/v2\/points\/16\/revisions"}],"wp:attachment":[{"href":"https:\/\/pro.ksom.scranton.edu\/dfinan\/wp-json\/wp\/v2\/media?parent=16"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}