Financial Advisor

New York Life - Uniondale; Uniondale (NY); On-site; USD 108,000 - 132,000; Full time

Job summary

New York Life - Uniondale is seeking an entry-level Financial Advisor to learn wealth management and help clients achieve their monetary goals. The role emphasizes strong communication, mathematical and analytical skills, and sound decision-making.

Responsibilities include gathering client information, recommending plans, creating customized financial strategies, and developing long-term client relationships with support from senior advisors. Training and exam costs are covered by New York Life.

Qualifications

• Requires a Bachelor's degree in business administration, finance, or related field.
• FINRA Series 7 & 63/66 license is preferred.
• Strong communication, math, and analytical skills are essential.

Responsibilities

• Gather and assess clients' financial information to determine goals and wealth planning needs.
• Provide strategic product, plan, and investment recommendations.
• Create customized financial plans based on life stage and circumstances.
• Develop client relationships and onboard new clients.
• Meet sales targets on a monthly basis.

Skills

Communication

Relationship building

Mathematics

Interpersonal skills

Presentation skills

Education

Bachelor's degree in business administration, finance, or related field

Tools

CRM systems

Financial planning software

Microsoft Office

Google Suite

Job description

Our firm is rapidly expanding and we are currently looking for a new financial advisor to join our entry-level ranks. The ideal candidate will be eager to learn the financial services ropes needed for effective wealth management to help our clients achieve their monetary goals. Successful financial planning is rooted in excellent communication, superb math and analytical skills, and smart decision-making.

Responsibilities

• Gather and assess each client’s financial information to accurately determine factors including financial status, cash flow, monetary expectations, financial goals, retirement plans, and additional factors related to wealth management
• Support clients’ progress toward their financial goals through strategic product, plan, and investment recommendations
• Create customized financial plans for each client based on his or her life stage, professional circumstances, and fluctuating financial needs
• Serve as a trusted advisor for new clients acquired through proactive measures to seek, identify, and establish prospects
• Serve as a collaborative team player willing to further development through continued training opportunities
• Network with and qualify with prospective clients and explain the features and merits of insurance, investments, and other planning needs.
• Develop investment portfolios, disability, life insurance, and long-term life strategies, high-level professional sales presentations, and client acquisitions.
• Anticipates future needs of all clients and works with senior-level advisors to call on established clients to renew and upgrade accounts.
• Develops long-term relationships with clients and underwriters.
• Assist clients with concerns and service issues as needed.
• Reach agreed-upon sales targets monthly.

Qualifications

• Though not required, a valid FINRA Series 7 & 63/66 license is considered a plus
• Computer proficiency in Microsoft Office, CRM systems, financial planning software, Google Suite, and other tools strongly preferred
• Superior communication, relationship building, and math skills to establish a strong foundation of customer service for all clients
• Basic understanding of the role of a financial advisor or financial consultant, as well interest in the financial industry and financial products is necessary
• Requires a Bachelor’s degree in business administration, finance, or other related field
• Interpersonal, communication, and presentation skills.
• Driven, motivated, and coachable.
• Be willing to help others.
• New York Life will pay and cover all expenses for training and the exam.
• Sales: 1 year (preferred). Compensation: $120,000

• Network with and qualify with prospective clients and explain the features and merits of insurance, investments, and other planning needs.
• Develop investment portfolios, disability, life insurance, and long-term life strategies, high-level professional sales presentations, and client acquisitions.
• Anticipates future needs of all clients and works with senior-level advisors to call on established clients to renew and upgrade accounts.
• Develops long-term relationships with clients and underwriters.
• Assist clients with concerns and service issues as needed.
• Reach agreed-upon sales targets monthly.

Compensation: $120,000 per year