Financial Advisor Associate - Midtown, NY

Janney Montgomery Scott; New York (NY); On-site; USD 60,000 - 75,000; Full time

Job summary

An established industry player is seeking a dedicated financial advisor to cultivate new client relationships and manage existing ones. This role involves developing tailored investment strategies, profiling clients to understand their financial goals, and collaborating with senior advisors to enhance service offerings. The ideal candidate will possess strong communication skills and critical thinking abilities, ensuring compliance with industry regulations while delivering exceptional client service. This position offers a competitive salary and a comprehensive benefits package, making it a great opportunity for those looking to grow in the financial services sector.

Benefits

Health Insurance

Dental Insurance

401(k) Plan

Paid Time Off

Life Insurance

Disability Income Protection

Qualifications

• Must hold Series 7, 63, and 65 or 66 licenses.
• Ability to thrive in a fast-paced, deadline-driven environment.

Responsibilities

• Develop and manage client relationships and investment strategies.
• Profile clients to identify investment objectives and risk tolerance.

Skills

Client Relationship Management

Investment Strategies

Financial Analysis

Communication Skills

Critical Thinking

Education

Undergraduate Degree in Business or Communications

Job description

Responsible for developing new client relationships through independent prospecting efforts, managing existing client relationships, and assisting senior FAs with management of their client relationships. The training period generally lasts a total of four years. This individual must be knowledgeable of and comply with all rules and regulations of the firm as well as the various regulatory agencies.

MAJOR RESPONSIBILITIES

• Develop client list for which he/she will be the primary relationship officer
• Work collaboratively with management, an FA or FA team to further industry knowledge and to identify financial options and formulate investment strategies for clients
• Meet with current or prospective clients to collect and discuss financial information and objectives
• Profile clients to identify investment objectives and risk tolerance and use knowledge of investments, taxes, and insurance to recommend financial options to individuals in accordance with each individual’s short-term and long-term goals (e.g., retirement and estate planning, funding for college, and general investment options)
• Offer investment ideas based on firm research and asset allocation strategies tailored to the risk profile and investment objectives of his/her clients
• Provide asset allocation advice and build an investment plan to meet clients’ investment objectives that includes fee-based/managed products as well as individual equities and bonds
• Work with Janney Wealth Management to develop new investment solutions in response to client demands and industry trends
• Participate in client meetings with senior FAs to assist in bringing additional assets and strengthening relationships
• Continue to develop knowledge of financial products and markets and the regulatory landscape
• Develop business plans focusing on asset growth and increased revenue
• Coordinate the purchase and delivery of investment products that are consistent with clients’ financial goals

REQUIREMENTS AND QUALIFICATIONS

• Series 7, 63 and 65, or 66, Insurance License
• Undergraduate Degree with an emphasis on business and communications preferred
• Ability to work in a fast-paced, deadline driven environment
• Strong written and oral communication skills required
• Critical thinking skills

• High ethical standards

The compensation package for this position consists of a base salary, (with eligibility for an annual bonus/commissions if applicable) as well as eligibility to participate in all company benefits offered by Janney to full-time employees including health, dental, medical coverage, disability income protection, life insurance, PTO/vacation, holidays, and 401(k). The salary range for this position will be $60,000 to $75,000. Total compensation packages at Janney are based on experience, skills, credentials, and geographical location, of each specific candidate.