Financial Advisor

Members Cooperative Credit Union

Duluth (MN)

On-site

USD 80,000 - 90,000

Full time

14 days+

Get more replies from employers

Send a job-specific resume in minutes.

Benefits offered by this job

Medical, dental and vision plan options

401(k) with competitive company match

Paid time off and holidays

Tuition reimbursement

Discretionary annual profit-sharing bonus

Job summary

Join a leading credit union as a Financial Advisor to deliver personalized investment guidance and retirement planning services to members. The role emphasizes cultivating long-term relationships while offering tailored financial solutions to satisfy diverse client needs. Ideal candidates will thrive in a dynamic environment, showcasing their expertise while empowering clients on their financial journeys.

Qualifications

2+ years of experience as a financial professional.
Current FINRA Series 7 and 66 (or 63 and 65) licenses required.
Proven success in client relationship management.

Responsibilities

Develop and manage relationships to offer investment solutions.
Assess and provide tailored retirement planning services.
Conduct financial needs analyses for clients.

Skills

Building and maintaining relationships

Problem solving

Financial consultancy

Client needs analysis

Investment strategy

Education

High School Diploma

Tools

Microsoft Office

CRM software

Job description

Join to apply for the Financial Advisor role at Members Cooperative Credit Union

2 months ago Be among the first 25 applicants

Join to apply for the Financial Advisor role at Members Cooperative Credit Union

Get AI-powered advice on this job and more exclusive features.

We have an exciting and NEW opportunity in the addition of a Financial Advisor to the credit union team. We are looking for someone to take on the role of delivering investment guidance and retirement planning for individuals and businesses by providing sound advice and analysis on individual equities and fixed income instruments, managed accounts, insurance products, among others portfolio options.

This role is highly entrepreneurial and involves extensive member management and development, new member prospecting and financial consultancy.

Our ideal candidate will understand and know how to build and maintain long-term relationships with a portfolio of financially successful clients/members.

Key Responsibilities

Develop and manage relationships with credit union members to understand their financial objectives and offer customized investment solutions.
Assess and provide tailored retirement planning and investment solutions, with the goal of growing and sustaining long-term returns as well as long-term client / member relationships.
Develop customized wealth management plan or retirement plan to address each member/ client's outlined goals and implement the plan with suitable products and services.
Meet with clients / members on a regular basis to review portfolio performance and to uncover unmet personal and business financial needs.
Work closely with third party relationship manager, shaping investment processes, making member/client-specific recommendations and developing new financial products and services.
Provide regular reporting and updates and information to members and senior management.
Take lead role in segmenting client book of business based on firm-specific criteria.
Conduct in-depth financial needs analysis and provide recommendations on investment products, retirement plans, insurance, and estate planning strategies.
Develop and sustain relationships within the community by regularly participating in local networks and events.
Deliver in-person assistance to members at multiple branches, either by scheduled appointments or during open office hours.

Qualifications

High School Diploma
2 or more years working as a financial professional
Proven success building and maintaining customer or client relationships
Highly skilled in Microsoft Office products, CRM usage and new account opening tools
Must hold current FINRA Series 7 and 66 (or 63 and 65) license and state and Insurance licenses as necessary.
Ability to travel to various branch locations based on client/member demand
Ability to work independently and use sound judgement and decision making skills
Must be willing and able to problem solve and train through the use of manuals and other resources

Schedule

Monday-Friday, 40 hours per week

Wage & Hour Details

Full-time
This is an exempt position
Starting pay range: $80,000-$90,000 annual, forgivable draw, variable compensation based on experience and performance

Benefits

Medical, dental and vision plan options
Health Saving Account and Flexible Spending Account options
401(k) with competitive company match
Paid time off, paid holidays, personal time and paid volunteer time
Development time and tuition reimbursement
Company provided life insurance, short-term and long-term disability insurance
Voluntary benefits including life, critical illness, accident and hospital indemnity coverage
Paid parental leave
Discretionary, annual profit-sharing bonus

Equal Opportunity Employer/Veterans/Disabled

Members Cooperative Credit Union (MCCU) is an Equal Employment Opportunity employer. We are committed to an inclusive organizational environment that encourages the full participation of all members of our diverse workforce and enables everyone to maximize their talents, skills, and abilities to serve our members. MCCU recruits, hires, employs, trains, promotes, and compensates individuals based on job-related qualifications and skills. We do not discriminate based on race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

For questions or, if you need assistance completing the application process, please contact recruiting@membersccu.com.

Seniority level