Wealth Advisor

DUCA Financial Services Credit Union Ltd.; Toronto; On-site; CAD 80,000 - 145,000; Full time

Job summary

Join a vibrant and rapidly growing credit union as a Wealth Advisor, where you will provide comprehensive financial and investment planning advice to clients. This role involves building a portfolio of high-value clients, collaborating with branch staff, and utilizing your expertise to help members achieve their financial goals. As part of a dedicated team, you'll enjoy a supportive environment that fosters growth and community impact. This is a unique opportunity to make a difference in the lives of clients while advancing your career in a rewarding and dynamic setting.

Qualifications

• Minimum 5 years of experience in Financial Planning / Investment Sales.
• Expert knowledge of investment industry and financial planning principles.

Responsibilities

• Build a portfolio of high-value Wealth clients and drive sales targets.
• Provide investment and financial planning advice to clients.

Skills

Financial Planning

Investment Advice

Sales Abilities

Networking Skills

Customer Service

Education

Canadian Securities Course (CSC)

Personal Financial Planner (PFP)

Certified Financial Planner (CFP)

Post-secondary diploma/degree in Commerce or Business Administration

Tools

Financial Planning Tools/Software

Job description

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We’re a vibrant, exciting credit union that lives its "profits with a purpose" philosophy in every financial transaction, product, interest rate, and community initiative we offer. Founded in 1954, DUCA has grown from a single branch credit union in Toronto to 19 branches across Southern Ontario with over 85,000 Members we are proud to serve.

We exist to help People, Businesses and Communities Do More, Be More, and Achieve More.

DUCA (www.duca.com) is the fastest organically growing large Credit Union in Canada distinguished for the following:

• Positive, un-big bank like service experience delivered through Member-facing staff in branch, on the phone (Member-Connect) and via our Mobile mortgage specialists, Wealth Management advisors and Commercial and Business Banking Account Managers.
• Competitive rates.
• Personalized financial solutions, guidance, and service with the lowest possible fees for both Personal and Business Members.
• Profit sharing among Members.
• Multiple ways to bank—online, mobile app, phone/full-service Member Connect Contact Centre, and, of course, in-branch—DUCA is accessible 24/7
• A community philosophy of “profits with a purpose” culminating in the creation of the DUCA Impact Lab (www.ducaimpactlab.com), a charitable foundation committed to helping the credit challenged and underbanked. This led to DUCA's designation as a B-Corp certified organization, the first ever credit union to receive this global recognition.

A career with one of Canada’s fastest growing credit unions means you’ll find endless opportunities to make a difference with your unique abilities and perspectives. Our people live their purpose while helping others Do more, Be more and Achieve more with their money and their lives. At DUCA, you’ll be part of a vibrant and collaborative team where you’ll be supported to excel and make an impact, no matter what role you play.

DUCA is looking for Wealth Advisor to join our growing team!

Job Purpose & Summary

Along with our third-party Wealth Management partner, DUCA provides a fully comprehensive wealth management offering that encompasses a holistic Member-centric experience delivered through a network of leading financial and investment professionals.

Reporting to the VP, Wealth Management, the Wealth Advisor provides investment and financial planning advice, and consolidation of investment assets through two broad groups of activity. Firstly, the Wealth Advisor is directly responsible for gathering investment assets through investment and financial planning advice to clients/Members. Secondly, the Wealth Advisor will regularly meet with Wealth clients to review portfolios and assist with retirement plans and financial plans. The Wealth Advisor will work in close collaboration with the retail branch network to ensure Members are receiving the necessary advice and ongoing service.

The Wealth Advisor will provide wealth management solutions and support to two DUCA branches within their region.

Key Accountabilities & Duties

• Build a portfolio of high-value Wealth clients across territory, driving net sales targets annually through branch referrals, as well as internal and external prospecting activities
• Build collaborative working relationships and teamwork with branch staff to identify current and potential clients with investment and financial planning needs
• Make pro-active calls to existing DUCA clients to offer investment & financial planning services
• Draw on external networks to attract new Wealth clients
• Use financial planning & life insurance needs analysis tools to develop plans and recommendations
• Drive asset consolidation among existing clients by attracting portfolios currently managed at other financial institutions
• Actively build investment and product knowledge as well as advisory capability among branch colleagues to support achievement of their own sales and client acquisition targets
• Become an integral member of the Branch sales team, conducting regular information sessions/seminars
• Identify and assist in developing opportunities for retail banking products and services with Credit Union branch partners

Occupational Experience & Education Requirements

• Completion of the Canadian Securities Course (CSC)
• Currently registered with an IIROC firm as a Registered Representative or an Investment Representative considered an asset
• Advisors with MFDA registrations may also be considered
• Personal Financial Planner (PFP) or Certified Financial Planner (CFP) designation, or working towards completion of PFP or CFP
• Expert knowledge of the investment industry, products, and the principles of investment advice / financial planning
• Minimum 5 years of experience in Financial Planning / Investment Sales
• Post-secondary diploma/degree, ideally in Commerce, Business Administration or related experience

Knowledge, Skills & Attributes

• Familiarity with passion for Responsible Investing solutions
• A successful track record in asset gathering through advising retail investors
• Superior sales abilities (active listening, identifying business opportunities, influencing & negotiating, asking for the business)
• Teamwork, relationship builder
• Customer service / community involvement
• Proven networking and client acquisition skills
• Ability to build and develop strong partner relationships
• A passion for putting members/clients first
• Ability to work with minimal supervision
• Commitment to continuous learning
• Strong familiarity with financial planning tools / software

Working Conditions

Regular travel will be required between assigned branches and/or offsite to meet Members.

Some work-at-home activity will be required.

Department: Wealth Management

Primary Location: GTA West

Employment Status: Full-Time

Number of Vacancies: 1

DUCA is committed to employment equity and encourages applications from all qualified candidates. Recruitment related accommodations will be provided upon request.

Qualified applicants are encouraged to submit their application. Applications must include a resume.

We thank all applicants but only those considered for an interview will be contacted.

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Customer Service, Administrative, and Finance

• Industries

  Banking

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