Demo

Internal Sales Consultant

Morningstar Investment Management, LLC
Chicago, IL Full Time
POSTED ON 1/30/2024 CLOSED ON 2/27/2024

What are the responsibilities and job description for the Internal Sales Consultant position at Morningstar Investment Management, LLC?

The Group:

Morningstar Wealth is a core part of the broader Morningstar group, empowering investor success by delivering world-class investment products and technology solutions to advisors, individuals, and the businesses who serve them. As a global team, we build upon our renowned data, research, analytics and thought leadership to deliver intelligent, flexible, and scalable products into the hands of our clients. By bringing the best of Morningstar together, we remove friction, save time, and help clients achieve goals.

The Role: The Internal Sales Consultant will join our sales team for Morningstar Investment Services, Inc. (MIS), a registered investment advisor and wholly owned subsidiary of Morningstar, Inc. You will work with your regional sales director to increase managed account business within your assigned territory.

This position will be based in our Chicago office and requires a hybrid schedule, with 3 days in the office and 2 days remote.

Responsibilities:

  • Identify and develop relationships with new advisors within an assigned territory.
  • Be conversant in all aspects of our managed portfolios program.
  • Provide service to existing advisor clients within a territory.
  • Use the Salesforce CRM to document and manage prospecting efforts.
  • Interact with the service team and investment team as needed.
  • Work alongside Regional Sales Director to grow sales in assigned territory.

Qualifications:

  • A bachelor's degree is required.
  • Minimum of two years related industry experience.
  • Demonstrated ability to develop sales relationships with financial advisors over the phone.
  • Strong interest in and the ability to explain portfolio management concepts.
  • Excellent spoken and written communication skills.
  • The ability to work independently.
  • SIE or ability to obtain within 3 months of employment.
  • Series 65 or ability to obtain within 6 months of employment.

Nice to have:

  • Series 6 or Series 7
090_MstarInvSvcInc Morningstar Investment Services, Inc. Legal Entity


If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.

Morningstar's hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. While some positions are available as fully remote, we've found that we're at our best when we're purposely together on a regular basis, typically three days each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.


Morningstar and its subsidiaries are an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, national origin, age, disability, protected veteran status, marital status, sexual orientation, genetic information, citizenship, gender identity, parental status, or other legally protected characteristics or conduct.

 

Salary.com Estimation for Internal Sales Consultant in Chicago, IL
$147,050 to $207,398
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