Entry-Level Wealth Manager - Midtown East

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

Benefits offered by this job

Performance-based earnings

Fully company-funded retirement package

Competitive medical, vision, and dental plans

Bonus programs

Support for licensing and exams

Job summary

A leading financial services firm in New York is seeking an Entry-Level Wealth Manager. This role allows you to build personalized financial plans and grow client relationships. Ideal candidates are entrepreneurial, motivated, and have a background in client-facing roles. The position offers performance-based earnings and comprehensive benefits including retirement plans and medical insurance.

Qualifications

• Legal authorization to work in the US without sponsorship.
• History of success in client-facing roles.

Responsibilities

• Grow your client base and maintain a strong referral network.
• Build personalized financial plans tailored to clients.
• Manage clients' financial plans to achieve their goals.
• Support clients through every stage of life.

Skills

Entrepreneurial ambitions

Relationship-building

Desire for continuous learning

Critical thinking skills

Strong motivation and drive

Job description

Overview

Entry-Level Wealth Manager - Midtown East

Becoming a financial advisor at Northwestern Mutual is a unique opportunity to start a business where you can help your clients achieve their goals through financial planning.

Responsibilities

• Grow your client base by making new connections, maintaining a strong referral network, and providing a great client experience
• Build personalized, holistic financial plans tailored to every client’s unique needs
• Manage your client’s financial plans to help them achieve their goals
• Grow relationships with clients to support them through every stage of life

Path and Training

On your path to becoming a financial advisor, you start as a financial representative focused on client-building and obtaining licenses. Our award-winning training programs equip you with the education, skill-building, and development strategies you need to be successful in building a financial planning practice that focuses on:

Northwestern Mutual’s proprietary planning software helps you educate your clients and deliver holistic financial plans—including investments for growth, insurance for protection, and annuities for guaranteed income in retirement—that helps you have a bigger impact on your clients and community. Becoming a business owner allows you to shape your workday around your life and achieve uncapped earning potential through a performance-based compensation structure.

We believe there’s more than one way to start, build, and grow your practice. As an entrepreneur, you can build your business in a way that aligns with your long-term vision and goals like opening an office, joining a sophisticated team, or becoming an advanced advisor.

Licensing

To become a financial advisor, you must obtain the following licenses: Life/Accident & Health Certifications, Securities Industry Essentials (SIE), and Series 6, 7, and 63. Northwestern Mutual provides pre-payment/reimbursement for course tuition fees and books.

Compensation and Benefits

• Performance-based earnings and revenue: Average advisor annual earnings of $61K-$119K; top quartile advisors may earn $137K-$250K in the first 3 years; additional income to support training and early development
• Renewal income for continued client support and policy management
• Bonus programs and expense allowances
• Support for licensing and exams
• Fully company-funded retirement package and pension plan
• Competitive medical, vision, and dental plans
• Life Insurance and Disability Income Insurance
• Parental benefits at every stage of family planning

Your candidacy

You could be right for this opportunity if you have:

• Entrepreneurial ambitions to be a business owner
• History of success in relationship-building or client-facing roles
• Desire for continuous learning and collaboration
• Proficient critical thinking skills
• Strong sense of motivation and drive
• Legal authorization to work in the US without sponsorship

About Northwestern Mutual

For over 165 years, we have helped our clients spend their lives living through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with a personalized digital experience and industry-leading products to give our clients the ability to successfully navigate their financial lives.

Our tailored, integrated approach includes multiple financial strategies—insurance, investments, and annuities—built to reinforce each other, keeping our clients consistently on track to meet goal after goal. We lead with unmatched financial strength and access to the best products and services for our clients.

Our Financial Advisors are valued partners and proud business owners. As such, they are considered independent contractors for income tax purposes, and a statutory employee for FICA tax purposes.

As a company, we value an inclusive and belonging workplace where everyone’s unique viewpoints bring new successes. We strive to create teams that reflect our customers and communities, fostering an environment where all employees are welcomed, valued, and heard.

Company Recognition

• Unsurpassed financial strength with total company assets of $366 billion
• Recognized for Financial Soundness, Quality of Products/Services, Social Responsibility, and Quality of Management
• Forbes’ Best Employers for Diversity (2023)
• Best Place to Work for LGBTQ+ Equality - Human Rights Campaign Corporate Equality Index (2023)
• 2024 Training APEX Award winner

Referral notes: Referrals increase your chances of interviewing at Northwestern Mutual.

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