Private Wealth Advisor

Seleskie Financial; Woodbury (MN); On-site; USD 120,000 - 180,000; Full time

Job summary

Seleskie Financial is seeking a Private Wealth Advisor in Minnesota to focus on business development while servicing a curated client book. You will lead meetings, present comprehensive financial plans, and drive growth with strong relationship-building skills.

You will collaborate with a Second Chair for service support and leverage planning teams to tailor strategies for top clients, aiming for exceptional retention and growth.

Qualifications

• Bachelor’s degree in Business, Finance or similar field (or commensurate experience)
• FINRA SIE, Series 7, and Series 63 or 66 required (or ability to obtain)
• MN Life & Health Insurance license required (or ability to obtain)
• MN Variable Life Insurance License required (or ability to obtain)
• CFP required (or ability to obtain)
• 5 years of experience in a related role with progressive responsibility
• ChFC, CLU, and/or RICP preferred

Responsibilities

• Identify and acquire new clients through networking, referrals, and proactive outreach
• Develop and implement strategies to grow opportunities from current clients to increase insurance premium production and AUM
• Lead client meetings, presenting comprehensive financial planning including investment strategies and risk management for up to 150 client households
• Provide white-glove service to existing clients, striving for a 97% client retention rate
• Partner with their Second Chair to record case notes, document meeting outcomes, and follow-up on action items
• Collaborate with the Planning Team to create and implement personalized financial plans for top clients
• Leverage all Northwestern Mutual approved AI regularly
• Deliver presentations and conduct meetings with prospects to assess their financial needs and propose suitable solutions

Skills

Networking

Client meetings

Financial planning

Presentation skills

Relationship building

Education

Bachelor’s degree in Business or Finance

FINRA SIE

Series 7

Series 63 or 66

MN Life & Health Insurance license

MN Variable Life Insurance License

CFP

ChFC/CLU/RICP preferred

5 years experience as Financial Advisor/Private Wealth

Tools

Microsoft Office Suite

Job description

Private Wealth Advisor

Summary

The primary responsibility of a Private Wealth Advisors at Seleskie Financial is business development. Paired with a dedicated Private Wealth Service Advisor (Second Chair), their goal is to grow the business through onboarding new clients and households. While still responsible for servicing a curated book of business and attaining a 97% or higher client retention rate, they will primarily be measured on annual goals associated with significant firm growth. The Advisors will spend approximately 80% of their time dedicated to business development and 20% servicing their existing book, leaning heavily on their Second Chair for service support.

Essential Functions

• Identify and acquire new clients through networking, referrals, and proactive outreach
• Develop and implement strategies to grow and capitalize on opportunities from current clients to increase both insurance premium production and AUM
• Lead client meetings, presenting comprehensive financial planning including investment strategies and risk management for up to 150 client households
• Provide white-glove service to existing clients, striving for a 97% client retention rate
• Partner with their Second Chair to record case notes, document meeting outcomes, and follow-up on action items in a timely manner
• Collaborate with the Planning Team to create and implement personalized financial plans for top clients
• Leverage all Northwestern Mutual approved artificial intelligence (AI) regularly
• Deliver presentations and conduct meetings with prospects to assess their financial needs and propose suitable solutions

Required Education and Experience

• Bachelor’s degree in Business, Finance, or a similar field, or commensurate work experience required
• FINRA SIE, Series 7, and Series 63 or 66 required (or ability to obtain)
• MN Life & Health Insurance license required (or ability to obtain)
• MN Variable Life Insurance License required (or ability to obtain)
• CFP required (or ability to obtain)
• ChFC, CLU, and/or RICP preferred
• 5 years of experience as a Financial Advisor, Client Service Manager, Private Wealth Service Advisor, or a related discipline, with progressively elevated roles required
• Attention to detail and accuracy required
• Personable, with the ability to build rapport and trust quickly
• Self-motivated with the ability to work both independently and as part of a team
• High level of professionalism and client service orientation
• Excellent written and verbal communication and presentation skills
• Proficient in the utilization of Microsoft Office Suite