Entry Level - Financial Advisor Development Program

Northwestern Mutual; New York (NY); On-site; USD 61,000 - 119,000; Full time

Benefits offered by this job

Training provided

No cap on earnings

Training stipends

Medical/dental/vision insurance

Retirement pension plan

Job summary

Northwestern Mutual in Midtown Manhattan is hiring Financial Advisors to build relationships with individuals, families, and businesses, offering financial planning, investments, insurance, and wealth management. Training is provided and you’ll work with an experienced team to support client delivery.

The role includes new business development, meeting clients, delivering customized financial plans, and ongoing relationship management.

Qualifications

• Experience in a client-facing role (sales, advisory, customer success, etc.).
• Excellent communication and interpersonal skills.
• Must live in/near the Tri-State Area and be commutable to Midtown Manhattan.
• Full-time, Monday–Friday, 9am–5pm commitment required.

Responsibilities

• New business development: build relationships with new clients from leads and referrals.
• Client financial advisory: discuss financial planning, insurance, and investments with clients.
• Deliver customized financial plans to help clients reach goals.
• Manage day-to-day client relationships and ongoing service.

Skills

Client-facing experience

Communication skills

Tools

Licensing sponsorship

Job description

Financial Advisor – Midtown Manhattan (Training Provided)

We are actively seeking candidates for Financial Advisor job opportunities in our Midtown Manhattan offices. This is a great opportunity open to experienced candidates and individuals seeking to begin a career in financial services.

As a Financial Advisor, you will work with new clients and maintain ongoing client relationships with individuals, families, and businesses to offer our diverse portfolio of financial products and services—including financial planning, investment management, insurance, as well as wealth management for high-net-worth clients. The Financial Advisor will be the primary contact for clients, and you will have available to you an experienced team of financial and investment specialists and office support to assist in delivery of services to your clients.

Training & Development

Prior financial services experience is not required – training is provided. The Training & Development Program includes a 3-week training at the start of the position, where you will be introduced to our portfolio of financial products and services and learn effective strategies and practices for early success. Then, once working in the role, you will be able to work alongside an experienced Director in the office who will serve as your mentor on an ongoing basis, allowing you to do your client work jointly with an experienced leader in the office.

Responsibilities

• New Business Development: establishing relationships with new clients through leads, referrals, and calls
• Client Financial Advisory: meeting with clients to discuss financial planning, insurance, investment management, and other services
• Delivery of customized financial plans to help clients achieve their financial goals
• Day-to-day client relationship management

Required Qualifications

• Experience in a client/customer-facing role (includes sales, client/investor relations, customer success, etc.)
• Excellent communication and interpersonal skills
• Must live in the Tri-State Area (commutable to Midtown Manhattan office)
• Must be able to commit to a full-time, Monday-Friday, 9am-5pm work schedule

Northwestern Mutual also sponsors licensing for Financial Advisors, including the SIE, Series 6, and Series 63, so this is an ideal role for candidates seeking entry into a financial services career with significant earning potential.

• Compensation is a combination of commissions, stipends, and bonuses. This a performance-based pay structure, with no cap on earnings, where pay directly reflects the success you have with your client sales.
• Average annual earnings of $61K-$119K (based on 2018-2023 company average for representatives in the first 3 years)
• Up to $2,000 in training stipends
• Renewable income beginning in second year
• Support for insurance licensing (Life, Accident, & Health license)
• Support for SIE, Series 6, Series 63 registrations
• Medical/dental/vision insurance; life and disability insurance; company-funded retirement pension plan.

About Northwestern Mutual:

Northwestern Mutual has been helping individuals, families and businesses achieve financial security for 170 years through a comprehensive approach that provides insurance, investments, and wealth management. A Fortune 500 (#109) company with over $627 billion in assets under management (AUM) and $41 billion in annual revenue, Northwestern Mutual delivers financial services to over 5 million clients nationwide.