Senior Financial Planning Associate

Northwestern Mutual-Twin Cities; BLOOMINGTON (MN); On-site; USD 55,000 - 85,000; Full time

Job summary

Northwestern Mutual-Twin Cities is seeking a Senior FPS Associate to support investment paperwork and analysis for client accounts. The role collaborates with Financial Representative teams and FPS members to ensure accurate, timely processing and tracking of new accounts, trades, and policy statements.

You will maintain CRM records, onboard clients for advisor teams, monitor team volume, and assist with long-term planning to expand advisors’ practices.

Qualifications

• High school diploma or equivalent.
• Minimum of 2-year Associate’s degree and/or equivalent work experience.
• 3-5 years of industry experience preferred.
• Past brokerage/investment account opening experience.
• Active SIE, Series 7 and 63 registrations.
• Willing to obtain Life, Accident & Health license within first year of employment.

Responsibilities

• Complete, submit, and track new account investment paperwork.
• Partner with leadership in leading elite financial planning operations team.
• Maintain client contact, track changes, and update CRM details accordingly.
• Onboard clients for established advisor teams, maintain detailed notes and records in CRM.
• Monitor daily team volume to reassign resources as applicable.
• Assist in long term planning to help advisors expand/grow their practice.
• Execute securities trades and money movement requests.
• Assist with task management for the team.
• Create Investment Policy Statements for investment advisory accounts using Envestnet.
• Advanced knowledge of annuity applications and servicing of accounts.

Skills

Organizational skills

Attention to detail

Customer service

Team collaboration

Time management

Problem solving

Communication skills

Adaptability

Education

Associate's degree

Bachelor's degree (Business/Finance)

SIE license

Series 7

Series 63

Tools

Envestnet

Job description

The Senior FPS Associate interacts with Financial Representative teams and FPS team members to complete investment paperwork and analysis tasks for their clients.

Roles and Responsibilities

• Complete, submit, and track new account investment paperwork
• Partner with leadership in leading elite financial planning operations team
• Maintain client contact, track changes, and update CRM details accordingly
• Onboard clients for established advisor teams, maintain detailed notes and records in CRM and ensure the completion of tasks
• Monitor daily team volume to reassign resources as applicable
• Assist in long term planning to help advisors expand/grow their practice
• Execute securities trades and money movement requests
• Assist with task management for the team
• Create Investment Policy Statements for investment advisory accounts using Envestnet
• Advanced knowledge of annuity applications and servicing of accounts

Education Requirements and Qualifications

• High school diploma or equivalent required
• Minimum of 2-year Associate’s degree and/or equivalent work experience
• 3-5 years of industry experience preferred
• Past brokerage/investment account opening experiencePast customer service experience
• Active SIE, Series 7 and 63 registrations
• Willing to obtain Life, Accident & Health license within first year of employment

Ideal candidate would have:

• Bachelor’s Degree in Business, Finance and/or equivalent work experience

Competencies

• Strong organizational and time management skills with the ability to set priorities and meet deadlines
• Ability to embrace and adapt to changes in a dynamic environment
• Strong attention to detail, with accuracy and reliability
• Ability to thrive in a fast-paced environment
• Strong customer service and relationship building skills
• Ability to apply critical thinking skills for problem solving and analysis
• Excellent written and verbal communication skills
• Ability to work well within a team and individually
• Committed to professional development (e.g. licensing, registration, designations) and on-going training