Wealth Management Trainee-skokie
2 weeks ago
Our client, a wealth management firm in Chicago is looking for a talented professional with high capacity to build a financial planning practice as an advisor.
This is an entrepreneurial opportunity to build a business while having access to support. If you are looking for the traditional employee role, this may not be the right role for you
The role of an advisor:
- Build relationships with prospective clients
- Help clients think about future financial planning and personal goals
- Constructing comprehensive plans
- Educating clients on recommendations and sharing financial advice
- Follow up with clientele to update their plans while their life and markets/economy change
- Manage your practice with support from a major firm
- Marketing and networking
Training will teach planning and business building fundamentals.
Comprehensive planning could include;
- Savings, debt reduction and cash flow planning
- Investment strategies and portfolio management
- Retirement Planning and Retirement Income Planning for retirees
- Insurance Planning: Life, Disability, Long Term Care
- Estate Planning for charitable giving and passing down assets
- Major purchase planning such as a house, business or education funding
- Tax implications
The average revenue for advisors in their first four years is $82,000+ with top quartile being over $150,000. (More tenured advisors have higher averages)There is not a base salary or hourly wage as this is an opportunity to build a supported practice. There will be access to benefits, retirement funding, support staff and mentorship/professional development plans.
Qualifications:
- Bachelors Degree
- Being coachable
- Desire to learn the planning profession
- Desire to be in a client facing role open to networking and sales
Pay: $82,414.00 per year
**Benefits**:
- 401(k)
- Health insurance
Compensation package:
- Bonus opportunities
Weekly schedule:
- Monday to Friday
Work setting:
- In-person
- Office
**Education**:
- Bachelor's (required)
**Experience**:
- Financial concepts: 1 year (preferred)
- Sales: 1 year (preferred)
Work Location: In person
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