Benyamin Levy, CFM
Conshohocken
Summary
Enthusiastic about impacting financial goals through comprehensive planning and client engagement. A solid foundation in relationship-building and investment analysis has been established, catering to diverse client needs. A commitment to refining strategies and communicating effectively with clients has been demonstrated through extensive experience in financial services. Skills in risk assessment and tailored financial planning are well-aligned with the mission of empowering individuals and businesses to achieve their financial aspirations.
Overview
33
33
years of professional experience
1
1
Certification
Work History
Financial Planner
1847 Financial / HTK
02.2023 - Current
- Prepared comprehensive financial plan to offer recommendations and supporting data.
- Continuously updated industry knowledge through professional development opportunities and staying abreast of market trends.
- Implemented strategic asset allocation models to optimize portfolio performance while minimizing risk exposure.
- Increased client satisfaction by providing personalized financial planning services and investment recommendations.
- Established strong partnerships with external professionals such as attorneys or accountants, enabling comprehensive client support in all financial matters.
- Analyzed clients'' financial situations to develop customized strategies for debt management and wealth accumulation.
- Interviewed clients to determine current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance and other information needed to develop financial plan.
Financial Planner
Prudential Financial
12.2018 - 01.2023
- Established Relationships with individuals and small business owners, uncovering goals and risk tolerance.
- Developed and presented a detailed and personalized financial plan.
- Managed the implementation, monitoring and adjusting for outcome and maintaining frequent communication with clients.
- Researched investment options for clients, including Life Insurance, Annuities, Manage Money, Mutual Funds, Equities, ETFs, for suitability.
Client Relationship Associate (Contractor)
Randstad at Vanguard
10.2015 - 11.2018
- Developed relationships with clients to understand their unique investment needs and position appropriate products or solutions via telecommunications.
- Developed basic knowledge of Vanguard funds, products and services, and the overall financial services industry through classroom and on-the-job training.
- Responded to plan participant inquires pertaining to certain legal, regulatory, and tax-related issues through verbal and written communication.
- Initiated transactions for participants including loans and withdraws.
- Worked with the various areas of the Institutional Investor Group Division to enhance overall quality and workflow efficiencies.
Managed Accounts Specialist (Consultant)
Bank of New York Mellon
03.2011 - 01.2015
- Processed inception billing for newly opened accounts.
- Processed various maintenance requests on existing accounts and households.
- Maintained the advisor information billing database.
- Maintained & updated new manager and sponsor information database.
- Coordinated nightly transmission of billing files to various custodians.
- Processed systems generated billing corrections and provide details behind the need for the correction along with calculations used.
- Processed quarterly billing and monthly invoice creation.
- Performed monthly reconciliation of custodian transactions to ensure advisor and manager payments. are correct.
Financial Advisor
Merrill Lynch, Morgan Stanley
02.2005 - 03.2011
- Established relationships with high net worth clients, uncovering goals and risk tolerance.
- Developed and presented a detailed and personalized financial plan.
- Managed the implementation, monitoring and adjusting for outcome and maintaining frequent communication with clients.
- Researched investment options for clients, including Mutual Funds, Equities, ETFs, Bonds and Alternative investments for suitability.
- Provided exceptional support to advisors and internal employees in trading various types of equities, bonds and mutual funds.
Global Clearing Services
Bear, Stearns & CO. Inc.
06.2000 - 02.2005
- Worked in Global Clearing Services to develop and maintain reports requested by clients with special needs, such as: hedge funds, money managers, arbitrageurs, market makers, and specialists.
- Analyzed trade errors and corrected. Determined how the account was affected and implemented solutions.
- Team leader for dividends, interest and corporate action related reports.
- Investigated all issues regarding a client's reported accruals and security information; i.e cusip #, accrual period and rate of interest, corporate credit rating, and corporate announcements.
- Developed training materials and conducted training courses for special reports.
- Worked closely with client and programmers in the design and implementation of new reports.
- Developed solutions to a variety of reporting problems of moderate scope and complexity.
- Researched industry trends and specific accounting issues affecting clients and write a summary of my findings and plan of action for senior management and the team.
Senior Derivatives and Securities Accountant (Consultant)
Access -Investment Banking
04.1997 - 06.2000
- Prepared daily profit and loss statement to the traders and prepared month end financial statements.
- Handled various funds, such as: Arbitrage funds, Finance Desk, Emerging Markets and Matchbook.
- Funds included various money market and derivatives products, such as: Municipal swaps, options, spots, futures, buy/sell back, repurchase and reverse, U.S.
- Treasury, T-Bills, commercial paper and agencies.
- Banks include: Barclays Capital, Paribas Capital Markets, HypoVereinsbank, and CDC CAPITAL, INC.
- Produced reports for the market risk team and determined daily funding requirements.
- Developed policy and procedures to analyze the business processing areas; money market, foreign exchange, and derivatives.
- Calculated all finance cost incurred related to managing the fund, including remarketing, custody and commitment fees
- Performed month end mark audit on all positions to ensure that the marks in the system are reasonable
- Prepared month end adjusting entries for translation profit and loss, commission expenses, and interbranch elimination procedures
Associate Manager
Prudential
07.1996 - 03.1997
- Worked with operating managers across Prudential HealthCare Group in establishing and maintaining appropriate internal control practices.
- Analyzed business processing areas to identify, develop, and implement any appropriate risk assessment and control practices.
- Assisted operating management in preparing policies and procedures for internal controls and made recommendations for controls over high risk activities.
- Prepared reports to enterprise management related to the internal controls.
In-Charge Auditor
Deloitte & Touche LLP
02.1992 - 07.1996
- Industry Experience: Financial Services, Banking, Insurance, Health Care, and Non-Profit.
- Clients Include: Merrill Lynch, Kidder Peabody, Mitsubishi Trust & Banking Corp., Bank of New York, Bank Lemur, MetLife, MEETH, and American Heart Association.
- Planned, coordinated, and performed various financial and operational audits of high risk areas, such as: Capital markets and derivative products including government securities, futures, options, money market, foreign exchange, and swaps.
- Corporate finance loan portfolio of more than $2 Billion.
- Performed interim and year end audits of client financial statements.
- Documented and evaluated accounting systems, operating procedures, and related internal controls resulting in recommendations for improvement.
- Prepared detailed analytical reviews which were instrumental in identifying issues and focusing audit efforts in significant areas.
- Interfaced with client management regarding accounting and internal control issues.
- Supervised, trained, and evaluated staff accountants.
Education
Bachelor of Science - Accounting
Northeastern University
Boston, MassachusettsSkills
- Leadership qualities
- Teamwork orientation
- Client relationship development
- Cash flow management
- Report writing
- Insurance planning
- Strategic financial planning
- Market research
Certification
- CPA Status - Practice & Audit
- Series7,31,63,66 Life and Health Licensed, CFM
Timeline
Financial Planner
1847 Financial / HTK
02.2023 - Current
Financial Planner
Prudential Financial
12.2018 - 01.2023
Client Relationship Associate (Contractor)
Randstad at Vanguard
10.2015 - 11.2018
Managed Accounts Specialist (Consultant)
Bank of New York Mellon
03.2011 - 01.2015
Financial Advisor
Merrill Lynch, Morgan Stanley
02.2005 - 03.2011
Global Clearing Services
Bear, Stearns & CO. Inc.
06.2000 - 02.2005
Senior Derivatives and Securities Accountant (Consultant)
Access -Investment Banking
04.1997 - 06.2000
Associate Manager
Prudential
07.1996 - 03.1997
In-Charge Auditor
Deloitte & Touche LLP
02.1992 - 07.1996
Bachelor of Science - Accounting
Northeastern University
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