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Associate Financial Advisor

Wealth Enhancement Group
Hyannis, MA Full Time
POSTED ON 8/24/2024 CLOSED ON 10/12/2024

What are the responsibilities and job description for the Associate Financial Advisor position at Wealth Enhancement Group?

About Wealth Enhancement Group

Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 61,000 households from our over 100 offices - and growing - nationwide.

Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.

The Associate Financial Advisor will work to support the senior advisors and the team to provide financial plans, financial advice and reviews for clients to achieve their financial goals. This person will assist the lead advisors so that advice and services are provided in a manner that meets the expectations communicated to the client.

The AFA will develop the skills to perform all basic functions within the lead advisors and has the ability to step-in to perform these duties when the workload for the team requires it. They will support and help create a team-based environment that builds trust in clients, generates referrals and supports the growth of our business.

The salary target for this role is $65,000 - $95,000 depending on experience.

We select our initial compensation target using national compensation survey data. When we make an offer, we then factor in things like tenure, performance, and geographic location to come up with the most accurate numbers. We encourage you to apply and provide us with your compensation expectations when you do. We’re big on open conversations, so, let’s have one.

Primary Job Functions:

Client Relationship Management

  • Dialogues with client to understand their personal history and current financial needs.
  • Prepares account transactions, trades, deposits, withdrawals, RMDs, etc.
  • Communicates to understand client requests, determines what needs to be done; communicates to the advisor or handles issue resolution, includes death claim processing
  • May work with client’s tax or legal counsel on client concerns

Client Reviews and Follow Up

  • Gather client data, prepare reviews, and maintain accurate account, beneficiary information & RMD tracking
  • Schedule reviews
  • Submit reviews to FA or AFA for a final review
  • Post review-tasks; update account information, follow-up on paperwork, and record notes in CRM

Assist with Financial Plans

  • Assist in plan development
  • Provide summary of client’s personal info, financial position, and asset allocation
  • Coordinate requests to Investment and/or Insurance Department
  • Assist in the creation of reports/analyses from Morningstar, BRT (Kettley), etc.
  • Submit Roundtable cases
  • Finalize plan for delivery
  • Records notes in CRM and planning file regarding client communication, and planning actions

Industry / Product / Company Knowledge

  • Demonstrates knowledge and can accurately execute against WEG’s Suitability Guidelines, operational processes and sales model
  • Understands financial terminology and products
  • Attends Roundtable events
  • Obtain and maintain relevant professional credentials (i.e., CFP and additional specialized certifications); continued learning

Education | Qualifications

  • Requires a 4-year degree; business, finance, economics preferred
  • Advanced designation or working toward obtaining (CFP, CPA, MBA, etc.)
  • Series 65 (RIA Only) - Preferred
  • Series 7, 66 (BD/RIA) - Accepted
  • Insurance Licenses - Optional
  • 2 years of experience within the wealth management industry
  • Ability to prepare client reviews and assist in meetings with senior advisors
  • Must possess excellent analytical, organizational, and communication skills (both oral & written)
  • Must be able to manage multiple projects at once
  • Engagement in the community

Comprehensive Benefits Offerings

Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. You may participate in the following benefits & development opportunities:

  • Training and professional development
  • Medical and dental coverage
  • 401k – with match and profit sharing
  • Health care spending and savings accounts
  • Dependent care spending account
  • Vision coverage
  • Wellness programs and resources
  • Life insurance – employer paid
  • Short-term and long-term disability – employer paid
  • Paid Time Off
  • 10 paid holidays each year
  • Paid parental leave
  • Tuition reimbursement

Should you need reasonable accommodation when completing the application form or during the selection process, contact the Human Resources Department at 763-417-1700

Information provided on this application will be kept confidential and only be shared with those involved in the selection process.

Equal Opportunity Employer, including disabled and veterans. This organization participates in E-Verify.

Click the following link to view Federal and E-Verify posters: Link

OSHA Requirements: This position requires the ability to stand or sit for long periods of time, file documents in high or low cabinets, to use the telephone and to use the computer systems.

Salary : $65,000 - $95,000

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Job openings at Wealth Enhancement Group

  • Wealth Enhancement Group Rochester, MN
  • About Wealth Enhancement Group Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. ... more
  • 8 Months Ago


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