Paraplanner growing into financial advisor

TalentAlly; White Bear Lake (MN); On-site; USD 54,000 - 85,000; Full time

Job summary

Ameriprise Financial in White Bear Lake is seeking a paraplanner to grow into an independent financial advisor within a franchised office. You will support daily operations, prepare preliminary financial plans, and manage client data using Ameriprise technology like MoneyGuide Pro and Salesforce.

You’ll engage with clients through meetings, calls, and email while upholding high ethical and regulatory standards.

Qualifications

• Licensed with Series 7, Series 66, life, accident and health licenses or willingness to obtain them immediately.
• Undergraduate degree in business, economics, or finance; experience in financial planning preferred.
• 2–5 years of experience in the financial planning industry preferred.

Responsibilities

• 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 for implementation meetings with clients.
• Develop portfolio/product solution recommendations that fit client risk tolerance and timeframe; develop 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.
• Assist with asset allocation, investment and Monte Carlo models.
• Assist with investment and retirement income tax planning strategies.

Skills

Attention to detail

Client communication

Time management

Entrepreneurial mindset

Compliance awareness

Team collaboration

Education

Bachelor’s degree in business or finance

Tools

CRM system

Outlook

MoneyGuide Pro

Thomson One

Salesforce

MS Office 365

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.

Position Functions

• 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.

Full-Time/Part-TimeFull time

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.

VEVRAA Federal Contractor.

We request Priority Protected Veteran & Disabled Referrals for all of our locations within the state.