Paraplanner growing into financial advisor

00001 Ameriprise Financial Inc; White Bear Lake (MN); On-site; USD 54,000 - 85,000; Full time

Job summary

Ameriprise Financial is seeking a paraplanner evolving into an independent financial advisor for an expanding practice in White Bear Lake, MN. You will support client data gathering, prepare preliminary financial plans, and assist with investment reporting while working under an independent advisor franchise.

The role emphasizes client meetings, hands-on use of Ameriprise technology, and ethical standards. A path to advisory independence offers growth within a collaborative team.

Qualifications

• Licensed with Series 7, Series 66, life, accident and health licenses or willingness to obtain licenses immediately.
• Undergraduate degree in business, economics, or finance.
• 2–5 years of experience in the financial planning industry.
• Experience with financial planning software and client data management.
• Ability to engage with clients through meetings, calls, and emails.

Responsibilities

• Prepare preliminary financial planning recommendations and initial product solutions for advisor review.
• Prepare and understand insurance for client meetings, including life, disability, and long-term care.
• Create charts and visuals for client meetings.
• Develop portfolio recommendations aligning with client risk tolerance.
• Manage and resolve client service issues.
• Maintain client contact during planning process.
• Process transactions for insurance, annuity, and brokerage products.
• Assist with asset allocation and tax planning strategies.
• Qualify new clients and gather data.
• Participate in regular client review meetings.

Skills

Client relationship management

Financial planning

Communication

Data analysis

Business acumen

Education

Undergraduate degree in business, economics, or finance

Tools

Thomson One

MoneyGuide Pro

Morningstar

Salesforce

MS Office 365

Microsoft Outlook

Job description

At Ameriprise Financial, we’re not just in the business of helping clients with their financial goals – we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you’re motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial. This position is with an Ameriprise Financial Franchise owner.

Job Description

Opportunity to grow from a paraplanner to an independent financial advisor with an expanding financial planning office, which is based in White Bear Lake and affiliated with Ameriprise Financial. This person will be an employee of an independent financial advisor franchise. Assist in daily business operations that support the role of financial advisor using Ameriprise Financial technology systems, including Thomson One, MoneyGuide Pro, Morningstar, Salesforce, Microsoft Outlook and MS Office 360. This role provides client relationship support through managing, gathering and analyzing client data; helping prepare preliminary financial plans, insurance illustrations, investment reports; and processing investment transactions. The successful candidate will work with clients to resolve issues and other practice management tasks as needed. Must be willing to engage with clients through meetings, events, by phone and email. Additionally, this person must follow consistently high standards of business ethics, legal and regulatory requirements when dealing with others and/or performing work activities.

• Prepare preliminary financial planning recommendations and initial product solutions for advisor review and use in client meetings.
• Prepare and understand insurance for client meetings, including life, disability, and long-term care.
• Prepare charts, graphs, tables, and other visual aids to be used in implementation meetings with clients.
• Develop portfolio/product solution recommendations that will fit the client’s risk tolerance and timeframe as well as develop appropriate product deliverables.
• Manage and resolve client service problems as needed.
• Maintain client contact during the financial planning process.
• Process transactions for insurance, annuity and brokerage products.
• Review and update client information as needed for client review meetings.
• Assist with asset allocation, investment and Monte Carlo models
• Assist with investment and retirement income tax planning strategies.
• Make calls to gather client data and qualify new clients.
• Discover growth opportunities within the client base by analyzing their financial data.
• Maintain ongoing compliance database.
• Participate in ongoing client review meetings.
• Respond to client questions by email or outgoing calls.
• Communicate with clients about asset allocation changes and rebalancing.
• Participate in regular team meetings.
• Integrate into the team’s organizational process, CRM system, Outlook, social media, and communication plan.
• Communicate the process and story of our firm to help develop the client base.

Key Traits

• Keen attention to detail and organization.
• Effective communication with clients and team.
• Effective and efficient time management.
• Willingness to serve clients and get to know them on a personal level.
• Have the heart of an entrepreneur and be willing to think outside of the box.
• Ability to adhere to rules and regulations as stated and required by advisors and Ameriprise Financial.
• Ability to support and provide guidance for compliance within the advisor’s practice.
• Positive attitude and sincere willingness to constantly learn and grow through education and other designations.

Qualifications

• Licensed with Series 7, Series 66, life, accident and health insurance licenses or willingness to get licenses immediately.
• Financial professional designations a plus.
• At least 2-5 years of experience in the financial planning industry preferred.
• Undergraduate degree in business, economics, or finance.
• An alternative degree would require additional experience in the industry.

Base Pay Salary

The salary will be $54,000 - $85,000 based on experience and licenses

Contract Type

Full-Time/Part-Time Full time

Equal Opportunity

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law. We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

Company Description

Since 1894, Ameriprise Financial has helped people feel more confident about their financial future. Guided by strong values and a deep commitment to clients, we've remained a trusted leader in financial planning and advice for more than 130 years. Through our businesses, Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance & Annuities, we deliver advice, investment and protection solutions designed for long-term success. While each business brings distinct capabilities and expertise, all are united by our unwavering focus on clients and a strong financial foundation. For you, that means the opportunity to build a meaningful career in a high-performing, collaborative culture where your expertise can grow, your contributions are valued and your work can make a real impact. As a global financial services company with three complementary businesses, the breadth of our capabilities sets us apart. It also creates unique opportunities for employees to learn, collaborate and grow their careers:

• Ameriprise Financial: Financial planning, advice and wealth management.
• Columbia Threadneedle Investments: Global asset management serving individual, institutional and corporate clients.
• RiverSource Insurance & Annuities: Products and solutions designed to help clients protect and grow their wealth.