Scott Nicholas Sacchi Email & Phone Number

Pittsburgh, Pennsylvania, Us

Administered $400 million book on a local wealth management sales team. Partnered with internal and external advisors in servicing, retaining, and expanding client relationships through multiple generations. Navigated all bank services and coordinated all service deliveries to ensure a positive client expoerience.-Developed new business and centers of influence; partnered with client advisors in upstreaming clients from brokerage and retail bank.-Served as a trusted advisor, client advocate, technical subject matter expert, legal document reviewer, and fiduciary compliance specialist.-Intermediated between internal and external legal counsel in negotiating settlements and drafting releases.-Guided clients in engaging outside advisors, understanding advice in order to make proper decisions, and implementing estate and financial plans put in place.

Santa Rosa, Ca, Us

Managed $1 billion personal trust and estate department consisting of 4 trust officers and 4 support staff. Ran Discretionary Committee. -Steam-lined account opening and closing processes to improve accuracy, consistency, efficiency, and audit scores.-Led business development efforts, including bank branch trainings, profiling referred prospects, community volunteerism, and developing centers of influence (e.g., local estate planning attorneys).-Actively involved with local boards, charities, bar associations, and estate planning councils.

Boston, Ma, Us

Managed $1 billion personal trust department consisting of 10 trust officers and 3 support staff in mulltiple locataions (California and New Hampshire). Approved all department administrative decisions, particularly discretionary distributions. Covered legal supprt function often. Ran Annual Account Review Committee wherein the resolution of all administrative and investment compliance issues was tracked for audit purposes (brokerage trust offficers served as investment representatives of Fidelity's investment management affiliate).-Compliance duties included monitoring trust department calls, emails, correspondence, complaints, alerts, trades, etc.-Served as supervisory branch manager over satellite offices (included monthly and quarterly onsite supervisory reviews).-Oversaw over 100 executive deferred compensation secular trusts for Fortune 500 institutional clients.-Represented department in working through product offerings, operational obstacles, account conversions, and other projects.

Cleveland , Ohio, Us

Managed $1 billion personal trust team consisting of 10 trust officers and 3 support staff. Coached team on sales, relationship management, client service, problem solving, and wealth planning issues. -Approved team's discretionary distriutions, as well as resolved team's legal and compliance issues.-Oversaw all decisions around hiring, compensation, work assignments, and performance evaluations.-Improved client retention and referrals, recaptured fees, reduced concessions, negotiated legal settlements down to acceptable losses, and brought uniform best practices to documentation processes.-Partnered with relationship managers, private bankers, portfolio managers, and other advisors in delivering a team based approach to the sales and service efforts (e.g., sourcing new business, retaining business beyond grantor's death, deepening client overal relationship with the bank, and developing centers of influence.-Covered legal support role often.

San Diego, Ca, Us

Managed team administering almost $1 billion in new accounts produced through Linsco / Private Ledger's national advisory network. Ran Acceptance, Administration, and Account Review Committees.-Played an instrumental role in re-engineering a local family office into LPL's startup national trust offering.-Discussed template trust provisions with drafting attorneys; drafted documents to change trustee and governing state law.-Resolved administrative and investment account review issues (often by obtaining court orders and non-judicial settlement agreements).-Supported business development efforts, educated advisors, and managed client expectations.-Created policies, procedures, workflows and forms (including legal document review checklist still used).-Supervised and trained trust administrators, and tracked volumes to justify new hires.

New York, Ny, Us

Administered 300 accounts of all types. Helped kick off trusteed IRA. Discussed clients' goals and risk tolerances in determining appropriate investment platform and asset allocation. Traded proprietary mutual funds and invested assets promptly within prescribed models. Provided sales support. Resolved all legal, compliance, tax, investment, and operational issues. Covered and trained trust officers in field offices. Supervised trust assistants.

Advised actuaries, financial planners, and insurance sales staff on tax and legal ramifications with transactions involving IRA, ERISA, pension, insurance, annuity, and other retirement products.-Responded to plan participant inquities regarding investment options, eligibility requirements, vesting periods, penalties for prohibited transactions, etc.-Drafted pension plan documents and tax forms (5300/5500).-Represented clients in the insurance adjudication process.

Ll.M., Banking Law

J.D., Law

B.A., Politics, Economics And International Relations