Financial Planning Associate

Mack & Associates, Ltd.; Elgin (IL); Hybrid; USD 75,000 - 80,000; Full time

Job summary

Mack & Associates, Ltd. in Elgin, IL is seeking a highly analytical Financial Planning Associate to support Financial Advisors and contribute to the firm’s comprehensive planning process.

The position offers a $75,000–$80,000 salary and a hybrid work arrangement, blending in-office and remote work with potential collaboration across the advisory team. The ideal candidate will assist with plan development, client analysis, research, and meeting preparation while coordinating planning-related

Qualifications

• Bachelor's degree in Finance, Financial Planning, Business, Economics, or a related field.
• 2+ years of experience in financial planning, wealth management, or a related financial services role.
• Experience using financial planning software.
• Series 6 and Series 63 licenses are a plus; CFP coursework or progress toward certification is highly desirable.
• Proactive, organized, and comfortable handling detailed financial information with multiple deadlines.
• Strong written and verbal communication with advisors and clients.

Responsibilities

• Support advisors in building and maintaining client financial plans based on goals and financial information.
• Review and interpret client data to identify planning needs, risks, and areas for further analysis.
• Assist with research and preparation related to investment, retirement, insurance, estate, tax, and cash flow planning.
• Organize and develop materials for client meetings, including reports and presentations.
• Assist with prospective client opportunities by preparing proposals and researching relevant financial planning information.
• Work with advisors to refine planning strategies and keep client plans updated as circumstances change.
• Communicate with clients regarding planning-related needs and monitor open items.

Skills

Analytical thinking

Attention to detail

Organizational skills

Communication skills

Project management

Education

Bachelor's degree in Finance/Financial Planning/Business/Economics

Job description

A growing wealth management and financial planning team in Elgin, IL is seeking a highly analytical and detail-oriented Financial Planning Associate to provide essential support to Financial Advisors and contribute to the firm's comprehensive planning process. This position offers a salary range of $75,000-$80,000 and provides an opportunity to work closely with advisors in developing personalized financial strategies and delivering a high-touch client experience. Reporting to the Chief Operating Officer, this individual will assist with financial plan development, client analysis, research, meeting preparation, and the coordination of planning-related activities. This is a hybrid position offering the flexibility of a combination of in-office and remote work. The ideal candidate is proactive, organized, and comfortable working with detailed financial information while managing multiple projects and deadlines. Prior experience in financial planning, wealth management, or a related financial services role is preferred, along with experience using financial planning software. A comprehensive benefits package is offered including but not limited to medical and dental insurance as well as generous PTO.

Responsibilities of the Financial Planning Associate:

• Support advisors in building and maintaining client financial plans based on individual goals, circumstances, and financial information.


• Review and interpret client data to assist with identifying planning needs, potential risks, and areas for further analysis.


• Assist with research and preparation related to investment, retirement, insurance, estate, tax, and cash flow planning.


• Organize and develop materials for client meetings, including reports, presentations, account information, and other supporting documents.


• Assist with prospective client opportunities by preparing proposals, conducting research, and compiling relevant financial planning information.


• Work alongside advisors to refine planning strategies, coordinate follow-up activities, and keep client plans updated as circumstances change.


• Communicate with clients regarding planning-related needs, monitor open items, and provide ongoing administrative and planning support.

Qualifications of the Financial Planning Associate:

• Exceptional attention to detail with a strong commitment to producing accurate financial information and client materials.


• Strong analytical and critical-thinking skills with the ability to evaluate information and recognize potential planning opportunities.


• Excellent organizational and project management abilities with the capacity to manage competing priorities and meet deadlines.


• Strong written and verbal communication skills with a professional approach to working with advisors and clients.


• Bachelor's degree in Finance, Financial Planning, Business, Economics, or a related field is preferred.


• 2+ years of experience in financial planning, wealth management, or a related financial services role is preferred, along with experience using financial planning software.


• Series 6 and Series 63 licenses are a plus; CFP coursework, certification, or progress toward certification is highly desirable.