Wealth Advisor

This position is available to applicants anywhere in California and Florida, not just San Diego and Tampa. 

Benefits:

Autonomy:

Work from home (~90%). Sabbatical - every five years of employment accrues one month of paid leave. Parental leave – three months paid leave. 21 hours of paid volunteer time per year. Zero micro-management.

Security:

Health, Dental, Vision with 80% of cost covered by Farnam. Safe Harbor 401k with 4% employer matching. Base Pay – Range of $90,000 to $175,000 depending on qualifications, experience, and performance. Bonus – You’re eligible for incentive pay based on performance including your client promoter score feedback and asset retention. This role does not involve sales in any way.

Mastery:

You’ll have clearly defined roles and responsibilities. We will provide you with the tools, resources, coaching and support that you need to succeed in every area. We want to take your advisory skills to the next level and help you gain a sense of pride in your work.

Purpose:

Our mission is to accelerate society’s transition to indexed stock ownership and provide clients with peace of mind through any market. We’re excited about making a positive impact for our clients and on financial services broadly.

Career Progression:

You will have the opportunity, not the obligation, to move up in pay & benefits into a Team Leader position. In this position you would mentor and lead up to two other advisors and an associate advisor. We will gladly fund your ongoing development via additional professional designations. For example, if you want to earn the CPA or EA designation, we will pay for it.

Job Description:

Complete Wealth Management Strategy:

Develop, implement, and monitor an Investment Policy Statement that outlines client investment goals, objectives, preferences, risk tolerance, and client communication plan.

Craft personalized financial planning recommendations, written in plain-English, that help clients achieve their specific goals and adapt to their changing needs. Create and follow through on an appropriate action plan for yourself and for the clients that will deliver on the written recommendations.

Build customized portfolios that align with client goals while incorporating client preferences. Use Farnam’s investment philosophy which is passive on the stock side of a portfolio (we love index funds). Build bond portfolios to clients’ specific needs using ETFs, mutual funds, and corporate ladders. We keep expense ratios low and tax efficiency high. We avoid the folly of leveraged funds, ETNs, commodity funds, shorting, or options buying/selling. You can expect to sleep well at night.

Provide ongoing value add on the 13 wealth management topics, referring clients as appropriate to other professionals such as estate attorneys, CPAs, and insurance specialists.

Develop rapport and deserved-trust with your assigned practice of high-net-worth clients. Deepen your client relationships over time by delivering outstanding customer service.

Farnam generally markets to clients who prefer to work with us remotely. We’ve found that sometimes these clients want to meet their new advisor in person, even if only once. When applicable, you’ll be required to drive to an office location or client home for this type of introduction meeting or occasional review meeting. This is likely the only time you’ll be required to step foot in an office.

Job Type: Full-time

Base Pay: $115,000 - $200,000 per year

Annual Bonus opportunity worth additional ~30% of Base Pay

Credentials: Must hold one or more of the following: CFP, CFA, or CPWA

Experience: Minimum two years of experience as a client-facing wealth advisor / financial advisor. Time spent as an associate does not qualify.

To apply for this role, please submit an introductory video lasting less than 1 minute to jonathan@farnamfinancial.com. Simply introduce yourself and share what excites you about this role. You can film it on your phone or computer. Please do not worry about editing the video.

If you submit a video, we will respond promptly. If you don't submit a video, we won't respond at all.