Associate Wealth Manager

I.     MISSION

The Associate Wealth Manager at Transformational Advisory Group is an integral part of our team serving as the true connection between our clients, support team, and Wealth Mangers. This great communicator, influencer and enthusiastic person will support Transformational Advisory Group’s culture, vision, and team spirit are built upon our values which are:

• Grace & Empathy
• Generosity & Gratitude
• Innovation & Collaboration
• Passion & Pride

 
We focus on these values in how we act, what we do, and who we serve our clients.

The Associate Wealth Manager supports the Advisory Department by building financial plans, working on client related requests, and supporting the Transformational Advisory Group client experience. This individual is responsible for building and maintaining clients’ financial plans as directed.  

This position requires a pro-active approach and ability to independently carry out the duties of the position. The ideal candidate should exhibit high standards, excellent communication skills, good judgment, and ability to take initiative. The ability to effectively manage time and multi-task with attention to detail is critical to this role.

II.   ESSENTIAL RESPONSIBILITIES


Client and Advisory Engagement

• Analyzes financial information and evaluate results to choose the best solution build out financial plans, investment proposals, and client
• Actively participate in all assigned Wealth Manager client meetings.
• Demonstrate the ability to escalate potential client issues to Wealth Adviser as appropriate.
• Actively document all notes and action items during client meetings and ensure all commitments made by the Wealth Manager are being completed in a timely manner.
• Accountable for client relationships managed and client process within the Associate Wealth Manager responsibilities including delivery of the TAG Client Experience.
• Review task assignments for each client and work directly with team members to ensure all follow-up and action items as a result of client meetings are documented in CRM and completed within the specified time frame.
• Under the direct oversight of the Managing Director, actively engage in Client Case Prep meetings, providing recommendations and feedback relative to the client’s financial plan as appropriate.
• Ensures client data is captured in the meeting and compiled in the firm’s financial planning software, CRM, and other related software applications.
• Identifies gaps and opportunities within client plans and works closely with the Managing Director, VP, and Wealth Managers to present solutions to the client.
• Develop financial planning expertise to support the firm’s clients by building and understanding of time value of money:  present value, future value, annuity payments, internal rate of return, as well other financial planning modeling scenarios.
• Supports the client onboarding process by completing financial plan and investment proposal within the appropriate software applications utilizing the Family Wealth Advantage Process.
• Works with-in a team structure that is designed for growth and supports the success of the team and overall organization

 

Compliance

• Complies with all regulatory requirements
• Brings any compliance or ethics concerns to management’s attention and completes all Firm and FINRA educational requirements on time.

 
III. POSITION SPECIFICATIONS


Experience and Education

• Pursuit of SIE License, Series 7, Series 66
• College Degree preferred
• 0-2 years direct advisory focus
• Learn core financial planning and development of core client cases

 
Skills and Knowledge

• Excellent communication skills (verbal, written and listening)
• Proficient in Microsoft Office Suite required
• Proficient with CRM systems
• Knowledge of investment advisory regulations a plus
• Demonstrates personal integrity, honesty, and can deal with confidential information
• Ability to deal with stress in an ever-changing investment market and financial services industry
• Excellent time management and organizational skills, and the ability to prioritize multiple tasks and anticipate potential problems

 
Compensation

• $65,000 - $105,000 base salary plus bonuses and benefits