Associate Financial Advisor

Schmidt & Associates a private wealth advisory practice of Ameriprise Financial Services, Inc.
De Pere, Wisconsin
Apr 24, 2020
Jun 23, 2020
Employment Type
Full Time
Entry Level

Help conduct the smooth operation of a fast-paced—and friendly—financial advisor office. Work as an employee of an independent advisor franchisee with a financial advisory practice of Ameriprise Financial. 

The Associate Financial Advisor will primarily assist the Private Wealth Advisor in the financial planning workflow. This position will consistently follow high standards of business and professional ethics and legal and regulatory requirements when dealing with others and performing work activities. Assist financial advisor in working with clients to help them achieve their financial goals. 

This role provides client relationship support through managing, gathering and analyzing client data, helping prepare financial plans and other client deliverables, working with clients to resolve issues and other practice management tasks as needed. Responds to ad hoc requests, coordinates/tracks projects and/or manages business-as-usual projects. 

Responsibilities and Time Allocation – Will change over time to meet the needs of the practice and can include other duties as assigned by the advisor.

Position Functions:

30% Financial Planning

  • Prepare preliminary financial planning recommendations and initial product solutions for advisor review and use in client meetings
  • Identify clients to engage or re-engage in planning relationships
  • Prepare for client meetings focused on planning discussions
  • Gather and enter client data into Financial Planning Tool Suite
  • Work with paraplanner to create planning deliverables
  • Perform case analysis and develop recommendations
  • Conduct and/or participate in client meetings to present recommendations/deliver advice
  • Answer questions and provide readily available information to clients, if requested, as it relates to servicing their accounts

30% Client Care / Business Management

  • Review and update client information as needed for client review meetings. Attend and participate in client meetings
  • Manage and resolve client service problems

30% Product Solutions

  • Assess the client’s risk tolerance
  • Assess the client’s goals and time frame
  • Recommend portfolio/robust product solution that will fit the client’s risk tolerance, goals and time frame
  • Run illustrations and hypotheticals
  • Execute appropriate trades to align with proposed portfolio

10% Marketing and Client Acquisition

  • Implement key marketing activities including:

o Online client experience

o Client and prospect contact

o Referrals and Networking

o Seminars and Events 

Education and other designations:

  • Bachelors degree or higher
  • 4+ years of similar experience
  • Already have federal and state licenses and registrations for securities, including:
  • Series 7, Series 66, and State life, accident and health insurance licenses
  • CFP designation a plus 

Position is Salary plus bonus.

Key traits of a successful financial advisor

  • Ability to meet with clients and present planning strategies
  • High level of interpersonal skills
  • Entrepreneurial perspective and desire to grow the business
  • Ability to recommend suitable investment products and services
  • Ability to adhere to rules and regulations as stated and required by advisor and Ameriprise Financial
  • Current client database a plus