Private Wealth Advisor

Job Description

Job Description

Private Wealth Advisor 

Summary

The primary responsibility of a Private Wealth Advisors at Seleskie Financial is business development. Paired with a dedicated Private Wealth Service Advisor (Second Chair), their goal is to grow the business through onboarding new clients and households. While still responsible for servicing a curated book of business and attaining a 97% or higher client retention rate, they will primarily be measured on annual goals associated with significant firm growth. The Advisors will spend approximately 80% of their time dedicated to business development and 20% servicing their existing book, leaning heavily on their Second Chair for service support.

Essential Functions

• Identify and acquire new clients through networking, referrals, and proactive outreach
• Develop and implement strategies to grow and capitalize on opportunities from current clients to increase both insurance premium production and AUM
• Lead client meetings, presenting comprehensive financial planning including investment strategies and risk management for up to 150 client households
• Provide white-glove service to existing clients, striving for a 97% client retention rate
• Partner with their Second Chair to record case notes, document meeting outcomes, and follow-up on action items in a timely manner
• Collaborate with the Planning Team to create and implement personalized financial plans for top clients
• Leverage all Northwestern Mutual approved artificial intelligence (AI) regularly
• Deliver presentations and conduct meetings with prospects to assess their financial needs and propose suitable solutions

Required Education and Experience

• Bachelor’s degree in Business, Finance, or a similar field, or commensurate work experience required
• FINRA SIE, Series 7, and Series 63 or 66 required (or ability to obtain)
• MN Life & Health Insurance license required (or ability to obtain)
• MN Variable Life Insurance License required (or ability to obtain)
• CFP required (or ability to obtain)
• ChFC, CLU, and/or RICP preferred
• 5 years of experience as a Financial Advisor, Client Service Manager, Private Wealth Service Advisor, or a related discipline, with progressively elevated roles required
• Attention to detail and accuracy required
• Personable, with the ability to build rapport and trust quickly
• Self-motivated with the ability to work both independently and as part of a team
• High level of professionalism and client service orientation
• Excellent written and verbal communication and presentation skills
• Proficient in the utilization of Microsoft Office Suite