Wealth Advisor - Mechanics Bank

LPL Financial; Vancouver (WA); On-site; USD 59,000 - 70,000; Full time

Job summary

Mechanics Bank seeks a Wealth Advisor affiliated with LPL Financial to deliver comprehensive advisory services at the branch level. You will work with NDIPs, serve existing clients, and attract new ones by delivering personalized financial solutions.

The position emphasizes sales and service excellence in a fast-paced bank environment, with on-site requirements at Portland, OR, Lake Oswego, OR or Vancouver, WA locations. Licenses and registrations are required per state regulations.

Qualifications

• Requires high school diploma or equivalent; Bachelor's degree preferred.
• Minimum of two years of investment sales experience, ideally in a financial institution.
• Active registrations: Series 7, Series 63; life insurance license as applicable by state.

Responsibilities

• Deliver NDIPs and services to branch customers and prospective client base.
• Provide advisory, needs-based financial solutions across brokerage, advisory, and insurance products.
• Build strong partnerships with Retail Branch Managers and Centers of Influence.
• Maintain compliance with regulatory and broker-dealer requirements.
• Deliver high-quality customer service and support cross-selling opportunities.
• Meet or exceed sales goals while adhering to policies and procedures.

Skills

Strong collaborators

Client experience

Team oriented

Creativity

Continuous improvement

Self-motivation

Verbal communication

Written communication

Interpersonal skills

Organization skills

Customer service focus

Research and analysis

Education

High school diploma or equivalent

Bachelor’s degree preferred

Tools

Microsoft Office

PowerPoint

Job description

LPL Financial collaborates with banks to provide a comprehensive suite of financial services tailored to their clients needs. This exciting opportunity at Mechanics Bank invites you to join our employee advisor model as a Wealth Advisor affiliated with LPL Financial. Rated in Forbes as one of America’s Best Banks in 2024, Mechanics Bank recently merged with HomeStreet Bank to unite two historic West Coast companies with strong values, dedicated about serving their local communities and committed to meeting the banking, lending and wealth management needs of its clients. Mechanics Bank now provides a broader, more convenient network of branches throughout California, the Pacific Northwest and Hawaii.

This role will require the employee to work on-site at the local bank branch located in Portland, OR, Lake Oswego, OR or Vancouver, WA.

Job Overview

A Wealth Advisor acts as a dedicated representative assigned to a specific branch (or multiple branches) to deliver Non-Deposit Investment Products (NDIPs) and services to the branch customers and prospective customer base. Serves as an advisor to provide an advice-based approach to financial solutions for an assigned book of business. Actively solicits new and existing investments and insurance solutions from retail client base designed to meet the individualized needs of each customer. Establish a strong partnership with Retail Branch Managers and Centers of Influence and maintain strong working relationships with all assigned Branches.

Responsibilities

• Utilizing a consultative, holistic approach, sales process, and assessment tools where appropriate.
• Providing comprehensive, needs-based financial solutions to clients by offering a range of investment/insurance solutions
• Delivering needs based, comprehensive financial solutions by offering a suitable and diversified set of brokerage, advisory, and insurance solutions to meet client needs and objectives.
• Employing ethical business practices to ensure full compliance of regulatory, broker dealer and institution requirements
• Delivering a high quality customer service experience during each customer interaction
• Building strong relationships with retail branch staff, supporting and motivating their referral efforts. Developing a complete understanding of the core institution products to support cross- selling opportunities and to generate referrals back to the institution where appropriate
• Meet or exceed established sales goals for assigned territory while ensuring compliance with policies, procedures and regulations governing products and services.

What are we looking for?

We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements

• High school diploma or equivalent (Bachelor’s Degree Preferred)
• Minimum of two (2) years investment sales experience (preferably in a financial institution)
• Must maintain Licenses and FINRA registrations: Active State Applicable Life Insurance License, Active Series 7 Registration, Active Series 63 Registration (if required by the state of hire), Active Series 65 or 66
• Registration (If required by the state of hire. If required by state of hire and not active, must acquire within the first six months of hire)
• Computer literate with proficiency in Microsoft Office product suite, including Power Point and applications specific to the broker dealer

Preferences

• Demonstrated ability to sell products and services to investment clients; evidence of strong sales results
• Broad knowledge of characteristics and needs of clients and partners within the bank- based investment market space
• Excellent knowledge of investment/insurance products and financial planning

Core Competencies

• Strong self-motivation and ability to work independently
• Excellent verbal, written and interpersonal communication skills
• Possess strong organization skills
• Excellent customer service and business focus with a great attention to detail
• Effective research and analysis skills

Pay Range

Pay Range:58500 - 70000

The salary range is dependent on a number of factors, including the applicant’s skill, experience, and work location. This position is also eligible to earn sales incentive compensation.