Financial Planning Specialist

1 day ago


Chicago, Illinois, United States Robert W. Baird & Co. Full time
Associate Financial Advisor

Join our team of financial professionals at Robert W. Baird & Co. as an Associate Financial Advisor. In this role, you will provide specialized services to individual Financial Advisors and Baird Qualified Teams to assist in their ability to offer sophisticated wealth management solutions to individuals and families.

Key Responsibilities:
  • Operate within the team's client service and wealth management strategy to ensure high-quality client service.
  • Engage clients and prospects, frame discussions, and convey the mission to better position Advisors for additional business opportunities.
  • Perform due diligence on investment managers, analyze client portfolios, and recommend rebalancing and re-allocation as necessary.
  • Offer investment ideas based on team guidelines and asset allocation strategies tailored to the risk profile and investment objectives of clients.
  • Review, research, and analyze data to create customized annual financial plans for clients.
  • Deliver financial plans to clients in partnership with Financial Advisors/Teams.
  • Connect with next-generation clients through planning and provide financial education on topics such as long-term planning, social security, and tax returns.
  • Assist with marketing efforts, such as newsletters and LinkedIn presence, to solicit additional planning business with existing clients and establish the team as a planning team in front of prospects.
  • Document, follow up, and support the closing of opportunities identified from the financial planning process.
  • Serve as a Team specialist for queries on financial planning topics and consult with Financial Advisors/Teams on specific client scenarios.
  • Monitor and track client revenues related to financial planning work to ensure sales opportunities are maximized.
  • Participate in the investment decision process by analyzing existing and potential opportunities and aiding in performance analysis and reporting functions.
  • Create asset allocation studies utilizing data collected in the client profiling process.
  • Ensure knowledge of the entire investment solution suite and recommend investment solutions to Financial Advisors or for client use based on clients' needs and constraints.
  • Monitor portfolios and implement portfolio changes.
  • Prepare client reports for clients.
  • Prepare and maintain models and trade activity history.
  • Review account performance for accuracy and/or calculation adjustments.
  • Aggregate firm holdings for review and monitoring.
  • Preview incoming/existing client policy statements.
  • Trade review: cash variances, limit orders, security activity.
  • Assist in the investment of daily cash flows.
Requirements:
  • Undergraduate degree in Finance, Accounting, Economics, or equivalent.
  • Must have or be capable of and committed to pursuing and achieving specialized professional designations (i.e., CDFA, CFP, CPWA, CIMA, CFA, CPA) or higher-level education equivalent within one year of assuming the Associate Financial Advisor role.
  • Must hold SIE, Series 7/66 or Series 7/63/65 licenses.
  • Minimum of three years of investment experience in a client-facing role.
  • Excellent presentation skills, strong interpersonal and written communication skills.
  • Proven self-starter, highly motivated, with the ability to work independently.

Robert W. Baird & Co. is committed to diversity and provides employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, citizenship, national origin, age, disability, military service, veteran status, sexual orientation, gender identity or expression, genetic information, or any other status protected by law.



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