What are the responsibilities and job description for the LPL Wealth Advisor position at MidWestOne Bank?
Overview
At MidWestOne, our people are number one in everything we do. We are a community bank with a culture based on integrity and customer care. The people on our team are the foundation of our success. If you're ready to work for an organization that values you, develops your talents and helps you grow personally and professionally, then look no further.
This role is responsible for driving all wealth business in a geographic market including overseeing client relationships, building financial plans, and delivering investment solutions. Identifies potential clients through building relationships with internal partners, external COIs, and marketing initiatives. Interviews clients to determine their financial position: assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. Analyzes client's financial status, develops a financial plan based on analysis of data, and discusses available financial options. Partners with additional wealth partners as needed depending on the complexity of the client relationship.
Responsibilities
- Selling financial products and services to clients for investment purposes including mutual funds, insurance, SMA’s, alternatives, and annuity products
- Building a pipeline of mass affluent and high net worth prospects
- Building financial plans for clients, analyzing potential outcomes, helping clients choose a path given their specific financial situation
- Develops prospects from current banking customers, referral leads and other sources
- Ability to work with complex, high net worth clients
- Performs other duties as assigned
The Perks!
- Competitive base compensation with additional performance-based incentives (incentives vary depending on role)
- Career development and continuous learning opportunities
- Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more
- 100% vested 401(k) Retirement Plan with company match
- Medical, Dental, and Vision insurance
- Flex spending plan & Health savings accounts with employer contribution
- Student Loan Debt Reduction Program
- Employee Stock Ownership Plan
- Employer provided group life insurance with option to purchase additional life insurance for you and your family members
- Employer provided long term and short term disability insurance
- Additional Insurance options to meet your personal needs: Critical Illness and Accident insurance, and Hospital Indemnity
- Wellness Program
- Free banking services and other financial services discounts
- Take Your Dog to Work Day in June
- Employee Rally Day- a day of celebration and recognition!
Qualifications
- Bachelor’s degree or equivalent combination of post high school education and related work experience.
- In addition to education, 5 years of direct sales experience in the financial services industry is preferred.
- Ability to source new business leads and follow-through to the sale is expected.
- Series 7 and 66 required.
We RISE by lifting others. RISE stands for Retention, Innovation, Support, and Empowerment. Through RISE we aspire to create and sustain a culture of diversity, inclusion and belonging at work and in our communities. Our commitment to RISE is reflected in our operating principles, people and culture. We pledge to continuously learn, so we can understand and support the differences of individuals, embrace each other's strengths, and provide opportunities for all of us to work toward and achieve our full potential.
Now that you know more about us and the position, next step is for you apply so we can learn about you!
Created By : Compensation Range
Compensation
The starting pay range for this position is commensurate with experience. The compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience, and location. MidWestOne Bank offers a competitive benefits package, including but not limited to medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurances, parental leave, and tuition reimbursement. This position is commission based.
