Jeffrey N. Cole, JD, CTFA
Cary,NC
Summary
Seeking the following position: Wealth Strategies Advisor
Senior trust officer and licensed attorney with technical expertise in all aspects of wealth planning including; estate, gift and income taxes, incapacity, probate and trust settlement, complex trusts, split-interest trusts and charitable giving strategies, retirement planning, real estate and insurance, business succession planning, and fiduciary risk and administration. Active listing skills with ability to explain complex concepts to clients in an easy to understand manner. Proven ability to deliver impactful strategies, aligning with client goals and market conditions. Strong collaborator known for adaptability and results-driven approach within team environments.
Overview
32
32
years of professional experience
1
1
Certification
Work History
Senior Trust Officer
Bank of America, NA
01.2022 - Current
- Lead wealth planning meetings for internal teams high and ultra-high net worth clients.
- Collaborated with internal teams to create customized wealth management solutions for each client's unique goals and circumstances.
- Educated clients on various types of trusts available, helping them make informed decisions about which structures were most appropriate for their needs.
- Enhanced client trust by consistently delivering accurate and timely trust services.
- Streamlined estate planning process by working closely with attorneys, accountants, and other professionals to meet client objectives effectively.
- Assisted in business development efforts by showcasing superior trust management capabilities during presentations or pitches.
- Contributed to the overall success of the trust department by participating in cross-functional projects and initiatives.
- Supported continuous improvement initiatives within the organization, sharing best practices among fellow Trust Officers.
- Kept abreast of industry trends, regulatory changes, and best practices through continuous professional development, ensuring ongoing excellence in wealth planning and trust management services.
Attorney
Envisage Law (f/k/a Pinna, Johnston & Burwell)
06.2012 - 01.2022
- Over last 18 months updated wealth plans for 9 clients with combined net worth of over $400M.
- Skilled in sophisticated estate planning techniques including use of Grantor Trusts, QTIP and Reverse QTIP's for GST protection, IDGT's and sales to IDGT's, Charitable Trusts, ILIT's, SLAT's and Domestic Asset Protection Trusts.
- Excellent knowledge in use of business entities for income-shifting, business succession planning, gifting and liability protection.
- Sound understanding of impact of market forces including, equity, debt and alternative investments as related to client expectations, constraints and asset allocations.
- Advanced knowledge in use of insurance products to enhance wealth plans and provide liability protection.
- Preparation of gift, trust and estate tax returns and strong competence with individual income, charitable and partnership tax concepts.
- Expert knowledge of trustee duties, responsibilities, ethics, distributions, and regulatory compliance including bank secrecy and securities laws.
- Actively serving in several co-Trusteeship and Trust Protector roles for clients.
Attorney
Law Offices Of Jeffrey N. Cole
01.2011 - 06.2012
- Worked with high-earning professionals to create and draft sophisticated estate plans.
- Provided strategies to minimize income tax implications and maximize tax deferment.
- Utilized complex trusts, insurance products and business entities to provide for asset and liability protection and effective gifting strategies.
- Advised executors and trustees on estate probate administration and trust administration issues.
- Provided counsel on business formation, operation and business tax matters.
- Prepared and filed 706, 709 and 1041 tax returns relevant to clients tax planning.
General Counsel
Antelope Technologies, Inc.
08.2003 - 03.2010
- Risk management and corporate fiduciary compliance.
- Contract negotiation and drafting.
- Strategic planning.
- Management and oversight of outside counsel.
Attorney
King, Peterson & Brown, LLC
01.1993 - 06.2003
- Drafting advanced level estate plans for high net worth clients.
- Wealth preservation and asset protection.
- Tax planning strategies.
- Estate Probate and trust settlement.
- Business law counsel including formation, operational matters, tax counsel and succession plans.
Education
Juris Doctorate -
Southwestern Law School
Los Angeles, CA1992
Bachelor of Arts - Communications
University of California, Santa Barbara
Santa Barbara, CA1988
Skills
- Estate planning and fiduciary expertise
- Complex trust strategies
- Charitable giving strategies
- Business succession planning
- Business entities
- Retirement planning
- Proactive problem-solving
- Gift, estate, & income tax planning
- Teamwork and collaboration
- Real estate and insurance strategies
- Active listening and excellent communication
- Self-starter
Certification
Certified Trust and Fiduciary Advisor (CTFA) - August 31, 2021
Timeline
Senior Trust Officer
Bank of America, NA
01.2022 - Current
Attorney
Envisage Law (f/k/a Pinna, Johnston & Burwell)
06.2012 - 01.2022
Attorney
Law Offices Of Jeffrey N. Cole
01.2011 - 06.2012
General Counsel
Antelope Technologies, Inc.
08.2003 - 03.2010
Attorney
King, Peterson & Brown, LLC
01.1993 - 06.2003
Certified Trust and Fiduciary Advisor (CTFA) - August 31, 2021
Juris Doctorate -
Southwestern Law School
Bachelor of Arts - Communications
University of California, Santa Barbara
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