Associate Financial Advisor

00001 Ameriprise Financial Inc; Vacaville (CA); On-site; USD 80,000 - 110,000; Full time

Job summary

Ameriprise Financial is hiring an Associate Financial Advisor to support a financial advisory practice within an independent franchise. You will help prepare financial plans, gather client data, and assist in delivering a high-quality client experience.

You will work under an advisor, adhere to regulatory standards, and participate in client meetings and business projects to grow the practice and develop your skills.

Qualifications

• College degree or higher.
• 2+ years of similar experience.
• Series 7, Series 66, and State life, accident and health insurance license.

Responsibilities

• Prepare planning deliverables and analyses for clients.
• Assist in managing client data and planning tools.
• Support advisor in client meetings and seminars.
• Coordinate projects and practice management tasks as needed.

Skills

Client meetings

Data gathering

Financial planning tools

Regulatory compliance

Education

College degree

2+ years experience

Series 7 license

Series 66 license

Life/Health Insurance license

Job description

At Ameriprise Financial, we're not just in the business of helping clients with their financial goals – we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial. This position is with an Ameriprise Financial Franchise owner.

Job Description

Step into an instrumental role. Help conduct the smooth operation of a fast-paced and friendly financial planning office. Work as an employee of an independent advisor franchisee with a financial advisory practice of Ameriprise Financial. Assist in daily business operations. The associate financial advisor will assist financial advisor(s) in working with clients to help them achieve their financial goals. The employing franchise owner will lead you as you hone your skills. As an associate financial advisor, you will be instrumental in creating and delivering a unique client experience that defines and differentiates the practice. This position will consistently follow high standards of business and professional ethics and legal and regulatory requirements when dealing with others and/or performing work activities. This role provides client relationship support through managing, gathering and analyzing client data, helping prepare financial plans and other client deliverables, working with clients to resolve issues and other practice management tasks as needed. Responds to ad hoc requests, coordinates/tracks projects and/or manages small business as usual projects such as organizing a client seminar.

Responsibilities and Time Allocation

Will change over time to meet the needs of the practice and can include other duties as assigned by the advisor.

• 40% Financial Planning and Advice
  • Identify clients to engage or re-engage in planning relationships
  • Prepare for client meetings focused on planning discussions
  • Gather and enter client data into Financial Planning Tool Suite
  • Create planning deliverables
  • Perform case analysis and develop recommendations
  • Conduct and/or participate in client meetings to present recommendations/deliver advice
  • Track/hold clients accountable to agreed upon actions
  • Answer questions and provide readily available information to clients, if requested, as it relates to servicing their accounts
• 20% Product Solutions
  • Assess the client’s risk tolerance
  • Assess the client’s goals and time frame
  • Recommend portfolio/robust product solution that will fit the client’s risk tolerance, goals and time frame
  • Run illustrations and hypotheticals
  • Develop appropriate product deliverables
  • Persuade clients to act upon suitable advice/recommendations
  • Execute appropriate trades to align with proposed portfolio
  • Monitor economy, markets, and world events to determine any required strategic rebalancing
  • Manage wholesaler relationships
  • Conduct transactions on behalf of clients
• 40% Business Management & Client Care
  • Business management
    • Review work methods and procedures for possible quality improvements and efficiencies and implement them when appropriate
    • Assign and delegate work and provide feedback, when appropriate, to other practice support staff
    • Participate in daily stand-up and weekly staff meetings
    • Act as a technical resource and provide training and support to other practice members
  • Client care
    • Set up and maintain client management system (i.e. Contact Manager)
    • Write notes or letters to clients on personal letterhead
    • Review and respond to emails as necessary
    • Maintain files and records in accordance with the records retention policy

Key Traits

• Ability to meet with clients and present planning strategies
• High level of interpersonal skills
• Initiative in business development
• Entrepreneurial perspective and desire to grow the business
• Ability to recommend suitable investment products and services
• Success at planning and managing resources (time, people, budget) to run optimal practice
• Ability to adhere to rules and regulations as stated and required by advisor, Ameriprise Financial
• Ability to support and provide guidance for compliance within the advisor’s practice

Education and Designations

• College degree or higher
• 2+ years of similar experience
• Already have successfully completed the following: Series 7, Series 66, and State life, accident and health insurance license

Base Pay Salary

The salary will be $80k - $110k (plus commission)

Employment Type

Full-Time/Part-Time Full time

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law. We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

About Ameriprise Financial

Since 1894, Ameriprise Financial has helped people feel more confident about their financial future. Guided by strong values and a deep commitment to clients, we've remained a trusted leader in financial planning and advice for more than 130 years. Through our businesses, Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance & Annuities, we deliver advice, investment and protection solutions designed for long-term success. While each business brings distinct capabilities and expertise, all are united by our unwavering focus on clients and a strong financial foundation. For you, that means the opportunity to build a meaningful career in a high-performing, collaborative culture where your expertise can grow, your contributions are valued and your work can make a real impact. As a global financial services company with three complementary businesses, the breadth of our capabilities sets us apart. It also creates unique opportunities for employees to learn, collaborate and grow their careers: Ameriprise Financial: Financial planning, advice and wealth management. Columbia Threadneedle Investments: Global asset management serving individual, institutional and corporate clients. RiverSource Insurance & Annuities: Products and solutions designed to help clients protect and grow their wealth.

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