LifeARC Financial Adviser, ARC Specialist

Job Description

Job Description

Abacus Global is a pioneering alternative asset manager specializing in uncorrelated financial products that leverage proprietary longevity data and actuarial technology. With ~$3.6 billion in assets under management, we provide investors with access to innovative solutions that redefine wealth management and financial planning. As the only publicly traded firm focused on lifespan-based financial products, Abacus Global is at the forefront of policy origination, wealth management, and technology-driven investment strategies.

 

LifeARC is a proprietary, AI-powered lifespan-modeling platform designed for personalized retirement and financial planning.

LifeARC Advisers LLC, is a newly established investment advisory firm registered with the Florida Office of Financial Regulation. The Firm is a subsidiary of Abacus Global Management Inc., a publicly held corporation. The Firm provides investment advice to retail investors through an internet-based Artificial intelligence (AI) supported financial planning tool. The tool provides users with a potential life span, LifeARC, that can be used to establish a uniquely individualized financial plan. The firm provides investment management services based on an individual’s LifeARC through individualized investment programs.

LifeARC Financial Advisers, ARC Specialists engage in:

• Developing a book of business to meet and exceed established performance hurdles
• Effectively prioritizes capitalizing on referrals, assessing customer needs, referring customers to the appropriate referral partners, and executing individualized LifeARC solutions to meet client needs
• Balancing investment growth, referral activities, customer follow up, prospect building, administrative compliance, and personal growth and development according to both day-to-day and longer-term planning
• Organizing and managing resources (time, people, budget) to run productive relationship management
• Seeking the expertise of specialists, where appropriate, to identify planning and investment strategies for a client
• Completing mandated training, assessments, performance goals and continuing education requirements

We’ll help you:

• Grow your business knowledge by using a defined consultative approach to systematically identify client needs and appropriate solutions.
• Provide end-to-end comprehensive advice, deliver client reviews/presentations with confidence and recommend strategies to help achieve their financial goals and life priorities.
• Collaborate with investment partners. Connect to all the solutions we provide through LifeARC and our Abacus Affiliates to meet virtually all their financial needs.

Responsibilities:

• Handle inbound inquiries from leads generated by the LifeARC website
• Position the extensive capabilities of LifeARC and Abacus Affiliates
• Collect the necessary client profile data, following standard KYC procedures to open account(s) as appropriate
• Serve as interim Financial Adviser, providing recommendations of investment products and services that are suitable for prospects and clients based on their LifeARC as well as servicing client relationships
• Document all client interactions and opportunities within Salesforce accurately

Required Qualifications:

• Currently holds Series 65 license or willing to obtain within 90 days
• Minimum of one year experience working in the financial service industry and/or a sales environment where goals were met or exceeded
• Minimum of one year’s experience in the investments industry, including investment training and in-depth knowledge of investment products and services
• Proven ability to engage with and influence others
• Exceptional interpersonal and relationship building skills
• Effective communication skills (written and verbal) - Proven ability to quickly build trust and credibility
• Proven ability to assess needs and recommend appropriate solutions/interventions
• Proven ability to work collaboratively on a team and with key partners
• Proven ability to listen and probe for clarity and understanding
• Goal and results oriented
• Entrepreneurial mindset 
• Strong follow-through skills
• Computer/technical literacy and proficiency in Microsoft Word, PowerPoint, Excel

Desired Qualifications:

• Bachelor’s degree and/or a minimum of one year of financial services industry or sales experience
• Learns and adapts to new technology or applications
• Executes multiple tasks simultaneously

Skills:

• Business Acumen
• Business Development
• Oral Communications
• Prospecting
• Wealth Planning
• Analytical Thinking
• Client Experience Branding
• Client Investments Management
• Portfolio Analysis
• Risk Management
• Active Listening
• Client Solutions Advisory
• Emotional Intelligence
• Referral Management

Compensation:

For candidates without a book of business:

• Base: $65,000-$75,000 
• Variable Compensation: 25% of advisory fees attributable to new client accounts opened in any calendar quarter. 
• Retention bonus 1-3% of revenue generated

For candidates with a book of business:

• Base: $95,000-$120,000 
• Variable Compensation: 25% of advisory fees attributable to new client accounts opened in any calendar quarter. 
• Retention bonus 1-3% of revenue generated

Benefits: 

• 401(k) and 401(k) matching 
• Health, Dental, and Vision insurance 
• Short-Term and Long-Term Disability 
• Life insurance 
• Paid time off