Financial Advisor

Northwestern Mutual; Downers Grove (IL); On-site; USD 70,000 - 120,000; Full time

Benefits offered by this job

Comprehensive medical, vision, and dental plans

Fully company-funded retirement package

Parental benefits at every stage of family planning

Job summary

Northwestern Mutual is seeking a Financial Advisor in Downers Grove, Illinois. You will build and manage client relationships, developing personalized financial plans. The ideal candidate possesses a Bachelor's degree, entrepreneurial spirit, and strong communication skills. Competitive compensation includes performance-based earnings ranging from $61K to $119K annually. The role offers extensive training and support for licensing to ensure your success as an advisor.

Qualifications

• Entrepreneurial ambitions to be a business owner.
• History of success in relationship-building or client-facing roles.
• Desire for continuous learning and collaboration.

Responsibilities

• Grow your client base by making new connections and maintaining a strong referral network.
• Build personalized, holistic financial plans tailored to clients' unique needs.
• Manage client's financial plans to help them achieve their goals.

Skills

Entrepreneurial ambitions

Relationship-building

Time-management

Strong communication

Motivation and drive

Education

Bachelor's degree

Tools

Financial planning software

Job description

Financial Advisor Opportunity At Northwestern Mutual

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. 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:

Planning Experience • Asset & Income Protection • Education • Funding • Investment & Advisory Services • Trust Services • Retirement Solutions • Business Needs Analysis

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, so you can 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.

Responsibilities

As a financial advisor, you will:

• 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

Training, licensing & designations

Northwestern Mutual has been recognized for maintaining one of the best‑trained sales forces in the country. We are committed to your continued training and development throughout your career. That starts with our award‑winning curriculum designed to support your first three years in the business. In the program, you'll hear from industry experts, learn the art of client acquisition to drive longevity in the career, and have access to our national network of tenured financial advisors to learn the business through first‑hand experience.

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 & Benefits

• Performance‑based earnings and revenue:
  • Average advisor annual earnings of $61K‑$119K (based on 2018‑2023 company average for representatives in the first 3 years)
  • Top 25% advisor annual earnings of $137K‑$250K (based on 2018‑2023 company data for top quartile advisors in the first 3 years)
• Additional income structure to support training and early development
• Renewal income earned for continued client support and policy management
• Bonus programs and expense allowances
• Support for insurance licensing, Securities Industry Essentials, Series 6, Series 7, Series 63, and more
• Certified Financial Planner licensing support
• Fully company‑funded retirement package and pension plan
• Competitive and comprehensive medical, vision, and dental plans
• Life Insurance and Disability Income Insurance
• Parental benefits at every stage of family planning

Qualifications

You could be right for this opportunity if you have:

• Bachelor's degree
• Entrepreneurial ambitions to be a business owner
• History of success in relationship‑building or client‑facing roles
• Excellent time‑management skills
• Desire for continuous learning and collaboration
• Proficient critical thinking skills
• Strong communicator
• Strong sense of motivation and drive
• Legal authorization to work in the U.S. without sponsorship

Pay Range

USD $70,000.00 – USD $120,000.00 /Yr.