Associate Wealth Management Advisor

John Calvert leads one of the largest practices within Northwestern Mutual, a Fortune 100 Company and manages an excess of $800M in client assets and company retirement plans. The team works with some of the most successful and influential families and businesses in California and across the United States. The advisors provide comprehensive financial planning and wealth management, requiring a high level of intellectual capital, strong leadership, and an unwavering commitment to the clients who place their trust in us.

About the Role:

This is a full-time position for the individual who is eager to work with a highly experienced and nationally recognized private wealth advisor (recognized by Forbes Best-In-State Wealth Advisors in 2022, 2023, & 2024), and work in a sophisticated wealth management firm.

The Associate Wealth Management Advisor will help oversee the design, creation, and implementation of financial plans for the firm’s clients and collaborate with team members to ensure the highest standard of client experience and firm operations. They are responsible for servicing clients, developing and overseeing financial plan generation, client meeting case prep, and financial plan implementation with a focus on premier client service, scalability, efficiency, accuracy, and timeliness.

This position requires up to four days a week in the physical offices (located Downtown Los Angeles and West Los Angeles) and the balance in the virtual office. The Associate Wealth Management Advisor will work with a dynamic team, meet extraordinary clients, and develop strong professional relationships. If you are aspirational, tenacious, willing to commit to exceeding our clients’ expectations, and growing within a dynamic team and industry, we want to hear from you!

What You Will Do:

Financial Planning Support

• Research and analyze client/prospect investment portfolios and risk management strategies to identify areas of optimization.

• Assess the client's overall financial picture, needs, and goals, and devise a customized plan with scenarios.

• Prepare meeting materials and case reviews in advance for advisor feedback, ensuring the team is prepped and clear on objectives, agenda, and approach for each client interaction.

• Process case notes, gather prospect/client information and prepare appropriate recommendations.

• Execute and/or delegate trade requests in a timely and compliant manner.

• Perform asset allocation analysis necessary for client onboarding and portfolio reviews.

• Work with third-party insurance brokers.

General Support & Client Service

• Commitment to continuously enhancing the client experience and firm operations.

• Attend client meetings with the advisor and take detailed notes.

• Draft post-meeting client summaries and emails.

• Assist with prospecting efforts on behalf of the team for new advisory clients.

• Serve as primary point-of-contact for clients who are onboarding and coordinate with insurance and investments on next steps and action items.

• Monitor and follow up on asset transfers and on initial and subsequent funding of advisory accounts.

• Maintain current industry and regulatory knowledge impacting financial operations, and update processes as needed to ensure compliance and best practices.

• Work directly with clients to answer questions and provide information in a timely manner to provide superior client experience.

• Document and retain appropriate client communication.

• Develop consistent, high-quality illustrations and proposals.

Project Management

• Maintain workflow dashboard to ensure client communications and tasks have appropriate follow-ups and are moving through the completion process efficiently.

• Support and maintain standard operating procedures for all elements of financial planning for the firm, including investments and insurance operations, to streamline process, develop efficiencies, and reduce error and processing time.

• Initiate end-of-day/week of work accountability.

What You Have:

• Bachelor’s degree.

• Sharp intellect with desire for growth and committed to professional development.

• Superior time management, attention to detail, and organization skills.

• High level of personal responsibility, resilient, responsible, and resourceful.

• Skilled at focusing on the urgent tasks of the day without losing oversight of the firm’s strategic and proactive objectives.

• Appreciation for optimizing workflow via adoption of new technology and/or SOP’s.

• Team player with the ability to work in a collaborative, fast-paced environment.

• Excellent analytical, written, and verbal communication skills with follow-up and follow-through mastery.

• Ability to maintain confidentiality, professionalism, and discretion.

• High ownership of responsibilities and resourceful problem-solver.

Requirements:

• Life, Accident & Health Insurance licenses.

• FINRA Series 6/63 and 7 registrations.

• Financial planning credential preferred (CFP, ChFC, etc.) including relevant planning software.

• Minimum of 1 year working in financial planning, or 2-3 years working in investments or insurance.

What We Offer:

• The opportunity to work with a top wealth management advisor’s team and gain invaluable experience.

• Fortune 100 equivalent benefits:
• Paid time off and holidays.
• Comprehensive medical, dental, vision, and long-term disability coverage.
• 401k with generous employer contributions.

Posted: May 2024

Successful candidates can expect multiple interviews and potential assessment(s). All offers of employment are contingent upon successful completion of a background check and fingerprinting.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.

Downtown LA Office | 515 S. South Flower Street, Floor 11 | Los Angeles, CA 90071

West LA Office | 11111 Santa Monica Boulevard, Floor 11 | Los Angeles, CA 90025

Job Type: Full-time

Pay: $80,000.00 - $120,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Compensation package:

• Bonus opportunities

Weekly schedule:

• Monday to Friday

Work setting:

• Hybrid work
• Office

Experience:

• Financial Planning: 1 year (Required)
• Investments or Insurance: 2 years (Required)

License/Certification:

• FINRA Series 6/63 (Required)
• FINRA Series 7 (Required)
• Life, Accident & Health Insurance Licenses (Required)

Ability to Relocate:

• Los Angeles, CA 90025: Relocate before starting work (Required)

Work Location: Hybrid remote in Los Angeles, CA 90025