Financial Advisor

The Bank of Elk River; Andover (MN); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Health Insurance

401(k) match

ESOP

Employee Assistance Program

Gym membership

Job summary

The Bank of Elk River seeks an experienced Financial Advisor to grow a personal client base and provide comprehensive financial guidance. Working through Realize Financial Advisors, you’ll expand into the northwest metro while leveraging the bank’s established Elk River presence.

The role is highly entrepreneurial, focusing on relationship-building, new client prospecting and strategic wealth planning, with leadership opportunities over time.

Qualifications

• Track record researching investment opportunities to meet client wealth goals.
• Strong technical financial planning expertise with ability to translate to client terms.
• Analytical skills and communication, plus proficiency in financial software/tools.
• Experience in financial planning or investment advising preferred.
• Regular, reliable attendance is required.

Responsibilities

• Nurture and maintain strong client relationships.
• Provide training and seminars for staff development.
• Deliver regular updates and portfolio performance reports to clients and management.
• Attend investment-related conventions, meetings and seminars.
• Collaborate with bank staff to encourage referrals and growth.
• Generate new clients through events, seminars and personal networks.
• Assess client needs and tailor wealth management solutions.
• Meet clients regularly to review portfolios and uncover unmet needs.

Skills

Investment research

Financial planning

Analytical skills

Experience in financial planning

Reliability

Education

Bachelor’s degree or equivalent

Tools

Life Insurance license

Series 7 & 66 licenses

Professional designation

Job description

The Bank of Elk River is an award-winning community bank built on strong relationships, a collaborative culture, and a commitment to making a positive difference. As we continue to grow in the Andover and northwest metro area, we are looking to add an experienced Financial Advisor to support the expanding needs of our customers.

This role offers the opportunity to build and grow a book of businesses through Realize Financial Advisors, our in-house investment office. With an established presence in Elk River, this is a rare opportunity to help expand Realize Financial Advisors into the northwest metro while building your own book of business.

This is a highly entrepreneurial role for someone who thrives on developing relationships, growing a client base, and delivering thoughtful financial guidance.

Over time, the position may provide opportunities for progressively broader leadership responsibilities within Realize Financial Advisors, including possible consideration for department leadership as part of the bank’s long-term succession planning. Any such opportunity would be based on demonstrated performance, leadership readiness, organizational needs, and the timing of future transitions.

At The Bank of Elk River, we believe in the following core values:

• We put people first: Our customers, co-workers, and communities inspire us every day. We are dedicated to your success and believe that by building strong relationships, empowering our team to make decisions, and developing genuine connections, we all succeed.
• We build trust: Since 1885, trust has been the foundation of our business. Our unwavering commitment to integrity, honesty, and respect guides us today. You can count on us now and in the future.
• We pursue excellence: We embrace a culture of innovative thinking and continuous learning. We leverage diverse perspectives through communication and collaboration to deliver relevant progressive solutions that exceed expectations.
• We strengthen communities: We are driven to make a positive and lasting impact. By investing financial resources, sharing our expertise, and devoting our time, we strengthen the communities we serve.

SUMMARY

The financial advisor is responsible for providing financial advice, guidance and exceptional customer service to current and potential customers through comprehensive planning and investment strategies. The candidate must have a strong understanding of the financial markets and alternative investments products including mutual funds, retirement plans, annuities, life insurance and other investments. The role of The Bank of Elk River’s Financial Advisor is highly entrepreneurial and involves extensive client management and development, new client prospecting and financial consultancy.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Nurtures and maintains strong relationships with clients.
• Creates learning opportunities for staff through training and seminars.
• Provides regular reporting, updates and information to clients and senior management.
• Attend investment-related conventions, meetings and seminars.
• Works with bank staff to encourage referrals.
• Generates new clients through a range of business building programs including conducting seminars, using personal contacts and leveraging public events.
• Assesses financial and wealth management needs of clients and then provides individuals with tailored solutions.
• Meets with clients on a regular basis to review portfolio performance and to uncover unmet personal and business financial needs.

QUALIFICATIONS

• Demonstrates a successful track record in researching investment opportunities to identify the right strategies to meet client wealth goals.
• Very strong technical financial planning expertise balanced by the ability to translate into terms that are clear to clients with varying degrees of investment knowledge.
• Strong analytical skills, excellent communication abilities, and proficiency in financial software and tools.
• Previous experience in financial planning, investment advising, or a related field is preferred.
• Regular, reliable attendance is required.

EDUCATION/EXPERIENCE

Bachelor’s degree (BA) from a 4-year college or university preferred and/or 3-5 years related experience and/or training or equivalent combination of education and experience.

CERTIFICATES AND LICENSES

• Life Insurance license
• Series 7 and Series 66 licenses
• Ideally at least one professional designation

PHYSICAL DEMANDS

While performing the duties of this job, the employee is regularly required to sit and use computer for extended periods. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

COMPENSATION

Starting Salary Range: $60,000-$80,000 base + commission

Potential to earn up to $30,000 in a production bonus plan that runs through 2028

• High-Deductible Health Plan on the 1st of the month following hire date
• Health Savings Account on the 1st of the month following hire
• Flexible Spending Accounts on the 1st of the month following hire
• Dental Insurance on the 1st of the month following hire date
• Vision Insurance on the 1st of the month following hire
• Company paid life insurance on your date of hire
• Supplemental life and AD&D insurance available on your date of hire
• Short-term disability insurance paid for by TBER
• Long-term disability insurance paid for by TBER
• Employee Assistance Program
• Pet Insurance
• Employee Stock Ownership Plan (ESOP) after 6 months of service
• 401(k) Safe Harbor match up to 4% on the 1st of the month after 6 months of service
• Account fees waived and discounts on loans at The Bank of Elk River
• Discounts through Wellmark Blue365, LifeMart, Carhartt, and Microsoft Office
• Gym Membership/Fitness quarterly reimbursement up to $25 each month
• Company picnic, Christmas party, and employee appreciation events

WHY JOIN US

The Bank of Elk River is recognized as a Top 200 Star Tribune Top Workplace. Our team values collaboration, professionalism, and purpose-driven work. You will be supported, trusted, and encouraged to grow while making a meaningful impact on the communities we serve.

DISCLOSURE

Realize Financial Advisors delivers investment products and services through Cetera Advisor Networks LLC, a registered broker-dealer and investment adviser. Insurance products are offered through Cetera and affiliated carriers.