Wealth Specialist

Ultipro; Highland Park (IL); On-site; USD 75,000 - 95,000; Full time

Job summary

Mesirow is seeking a Wealth Specialist in Highland Park, IL to deliver financial planning and technical support to high net worth clients. You will analyze financial data, collaborate with advisors, and implement comprehensive solutions including asset management and estate planning.

Qualifications include a Finance degree, FINRA licensing or plan to obtain, CFP in progress, and proficiency with tools like Black Diamond, Salesforce, and Wealthscape.

Qualifications

• Bachelor’s degree in Finance or related field required.
• Interest in Wealth Management and financial planning.
• FINRA Series 7 and 66 (or 63/65) licensed or able to obtain within six months.
• CFP certification pursued with completion within 12 months.

Responsibilities

• Understand wealth strategy and underlying investments in portfolios.
• Analyze client financial information to meet objectives.
• Work with advisors to implement planning solutions including estate and risk management.
• Prepare cash flow and retirement planning reports for Wealth Management teams.
• Assist with onboarding, money movement, and account maintenance.
• Support business development and expand client networks.
• Maintain due diligence on securities and client files.

Skills

Networking

Time management

Attention to detail

Communication skills

Teamwork

Education

Bachelor’s degree in Finance

CFP certification within 12 months

Tools

Black Diamond

Salesforce

Microsoft Excel

Wealthscape

eMoney

Morningstar

Job description

Highland Park
Highland Park, IL 60035, USA

Description

The Company:

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Private Capital & Currency, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture. We are proud of our employee-owned culture, built on collaboration and shared success, empowering our professionals to develop meaningful relationships, pursue growth opportunities and make a lasting impact for our clients and communities. Mesirow has been named one of the Best Places to Work in Chicago by Crain’s Chicago Business multiple times and is one of Barron’s Top 100 RIA firms.

Our advisors provide investment and fiduciary services to individuals, families, corporations, and non-profit organizations. With roughly $14B in assets under management, we have earned a reputation for effectively managing our clients’ needs and goals. Wealth Management has been Mesirow’s flagship business for over 85 years, built around our trusted advisors, with an average tenure of over 20 years.

The Opportunity:

We are seeking a highly motivated Wealth Specialist to work out of our Highland Park office, to provide financial planning and technical support to high net worth clientele.

Responsibilities:

• Develop a thorough understanding of Mesirow’s wealth strategy and the underlying investments used to construct portfolios
• Help analyze client financial information to determine strategies for meeting financial objectives
• Working closely with advisors, implement comprehensive financial planning solutions (including asset management, estate planning and risk management)
• Prepare cash flow, retirement planning and other financial planning reports that are consistent amongst the Mesirow Wealth Management teams
• Prepare for client meetings and conduct the necessary follow-up to client meetings
• Perform securities transactions upon obtaining appropriate licensing
• Address client needs through incoming phone calls and emails; determining when it is appropriate to elevate any issue or request to an advisor or team leaders
• Maintain and update appropriate due diligence files on securities
• Assist the Client Relationship Specialist with administrative tasks in order to learn all aspects of the client experience, beginning with onboarding, paperwork, money movement, account maintenance, etc.
• Meet with existing professional network to expand capabilities
• Perform other responsibilities and special projects as assigned

Requirements:

• Strong academic background with a bachelor’s degree in Finance or similar major
• Demonstrated interest in Wealth Management and financial planning
• Desire for business development; has contacts and networking capability
• Minimum of two years relevant experience preferred
• FINRA Series 7 and 66 (or 63/65) Licensed or able to obtain within six months
• CFP® certified or successfully complete CFP® certification within 12 months of start date
• Become fully proficient in using Black Diamond performance reporting, Salesforce, Microsoft Office Suite, Wealthscape, eMoney, Morningstar, and additional software tools as needed
• Mid/advanced skill level of Microsoft Excel (data entry, formula manipulation, layout/design)
• Exceptional organization, research and time management skills, and attention to detail
• Strong professional communication skills, both written and verbal
• Highly motivated self-starter with a strong work ethic, positive “can-do” attitude who is energized by the process of identifying prospective clients and closing new business
• Ability to work in a team environment

In accordance with the Illinois Pay Transparency Law, the anticipated hiring base salary for the role will be between $75,000 and $95,000 per year. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, also provides the opportunity for a performance based bonus and the Mesirow benefit program .

EOE

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.