What are the responsibilities and job description for the Financial Practice Manager position at Commonwealth Financial Group?
Practice & Administrative Manager
At Commonwealth Financial Group, our mission is to educate and empower both our team and the clients we serve. We take pride in providing top-notch financial planning, investment strategies, protection products based around industry-leading education through our process & our team, ensuring that our clients receive the white glove service and the best possible outcomes.
About Us
As the Generational Planning Team, we’re dedicated to fostering relationships, promoting education, and delivering innovative solutions tailored to our clients' needs as families evolve and the financial landscape around us changes. We guide our clients through a distinctive process that equips them with the right strategies and tools to achieve their financial objectives and prepare for the unexpected. Our workplace culture emphasizes a positive, collaborative team-based environment for both our staff and clients.
Key Responsibilities
This role will be responsible for the primary administrative oversight of the Generational Planning Team, duties regarding the two books of business of its current advisors, its clientele from an administrative standpoint, new business management and aid in the direction of the Team acting as a cornerstone for growth and service together.
Main tasks will include:
• Schedule management for advisors
• CRM management for advisors
• New business management for investment, insurance and financial plans
• Client contact where necessary to facilitate transactions and resolve issues
• Ongoing service for existing clients
• Tracking of key metrics & reporting
• Leading of twice weekly team meetings
• Engaging with our parent firm for periodic training & collaboration
Desired Qualities in Team Members
• A positive attitude and a genuine desire to assist others
• A growth mindset to build Team revenue and attract new business
• Strong ability to manage and prioritize multiple projects independently
• Detail-oriented with a desire to learn and grow
• Exceptional written and verbal communication skills
• Commitment to meeting deadlines
Compensation and Benefits
• Hourly Wage: $25/hour periodic bonus incentive plan
• Weekly Hours: ~40 (full time, more or less depending on seasonal workload)
• Paid Holidays: New Year’s Day, Memorial Day, 4th of July, Thanksgiving Day, Christmas Day, etc.
• Benefits through our parent firm, Commonwealth Financial Group, including health insurance, matching 401k, long-term disability
• Flexibility to work from home and prioritize personal commitments where necessary
Ideal Work Experience
• 3 years in administrative management, ideally in a finance role
• Bachelor’s degree preferred
• Experience working with professional clientele
• Proficient in Microsoft suite & ability to learn proprietary systems
• Investment and/or insurance experience and professional licensing a plus
Salary : $50,000 - $55,000
