Wealth Advisor - Peabody/Beverly, MA

Citizens Bank; Peabody (MA); On-site; USD 105,000 - 250,000; Full time

Job summary

Citizens Bank seeks a Wealth Advisor to build and manage a personalized wealth management practice for clients and families in a branch setting. The role collaborates with partners to identify opportunities, reach out to prospects, and strengthen client relationships through referrals.

The advisor will tailor financial plans, and coordinate with specialists for planning, investments, insurance, and estate considerations, supporting client growth and satisfaction.

Qualifications

• Active FINRA licenses (Series 7, 63, 65 or 66).
• Life/Health/Variable insurance licenses required or to be obtained within 60 days.
• Minimum 2 years in a Financial Advisor role or equivalent.
• Experience in a team-oriented consumer banking setting.
• Familiarity with servicing high-net-worth individuals.
• Comfortable in a dynamic, entrepreneurial environment.

Responsibilities

• Develop a high-quality wealth management practice with personalized planning.
• Enhance relationships with partners to boost client engagement.
• Proactively reach out to clients and prospects about Citizens Wealth Management.
• Grow existing relationships through referrals and collaboration.
• Tailor wealth strategies to meet client needs.
• Leverage internal resources for financial planning, investment management, insurance, and estate planning.

Skills

Financial advisory experience

New business development

Client book management

Team-oriented environment

High-net-worth servicing

Entrepreneurial mindset

Education

Series 7, 63, 65 (or 66) active and valid

Insurance Life/Health/Variable licenses (or obtain within 60 days)

Bachelor’s degree preferred

Job description

Description

Citizens employs a group of experienced advisors that help individuals and families attain their financial goals. Our Wealth Advisors conduct thorough discoveries to understand a client’s short- and long-term goals, then construct a tailored financial plan that meets the client’s goals.

The Citizens Wealth Advisor is a branch-based advisor who excels in a collaborative environment that emphasizes the paramount importance of client interests, as well as the personal and professional growth of team members. Wealth Advisors work directly with a variety of business partners and centers of influence to uncover and identify prospective opportunities.

Primary responsibilities include:

• Develop a high-quality wealth management practice that provides a personalized wealth management strategy.
• Enhance and preserve relationships with key partners to boost client introductions and engagement.
• Proactive client and prospect outreach promoting Citizens Wealth Management capabilities.
• Grow existing relationships through partnership referrals.
• Tailor wealth management planning to meet client needs.
• Utilize the knowledge of internal stakeholders and specialists in delivering a variety of services, including financial planning, investment management, insurance, and estate planning.

Qualifications, Education, Certifications and/or Other Professional Credentials

• Series 7, 63, 65 (or 66) active and valid.
• A valid, active Insurance Life/Health/Variable licenses is required or must be obtained within 60 days of starting the role as a condition of employment.
• A minimum of 2 years in a Financial Advisor role or equivalent experience in financial services.
• Demonstrated track record in new business development and client book management.
• Proven experience in a team-oriented consumer bank setting.
• Familiarity with servicing high-net-worth individuals.
• Comfortable operating in a dynamic, entrepreneurial environment.
• Bachelor’s degree is preferred.

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: M-F (Branch Hours)

Pay Transparency

Commissioned based. Individuals in this role have historically earned between $105,000 and $250,000 per year based on performance and productivity against commission plan parameters. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.