What are the responsibilities and job description for the Wealth Management Associate position at MJP Wealth Advisors?
Company Description:
Founded in 1981, MJP Wealth Advisors is a leading registered investment advisory firm providing comprehensive wealth management solutions and investment strategies to high-net-worth individuals, families, and businesses. We are committed to delivering exceptional client service and fostering long-term relationships built on trust and expertise. The firm has offices in Westport, CT and Farmington, CT.
Role Description:
As a Wealth Management Associate, you play a crucial role in providing exceptional support and ongoing service to our clients. You will work closely with the firm's senior advisors, providing essential support as they focus on new business development initiatives. You will act as a point of contact for an assigned book of clients, building strong relationships and proactively addressing their needs. This role requires a proactive individual with strong communication, organizational, and technical skills, coupled with a genuine commitment to exceptional client service.
Qualifications
- 3 years of experience in a financial advisor role or equivalent financial services experience
- Bachelor's degree required
- Series 7, Series 63 and 65, or Series 66 registration required
- Strong knowledge of all areas of wealth management, including investment management, financial planning, retirement planning, alternative investing, insurance, and estate/tax planning
- Demonstrated presentation, analytical, interpersonal and relationship management skills
- Excellent written and verbal communication skills
- Proficiency in financial planning software and CRM systems.
- A self-starter with an entrepreneurial spirit and excellent organizational and time management skills
- Must demonstrate a commitment to extraordinary client service and a genuine interest in serving and caring for clients
Responsibilities
- Support senior advisors by servicing clients and helping to manage existing book of business
- Assist senior advisors in the development and implementation of financial plans for clients.
- Conduct research and analysis on investment products, market trends, and financial planning strategies.
- Prepare client meeting materials, including financial summaries, performance reports, and planning projections.
- Attend and participate in client meetings alongside senior advisors, taking notes and assisting with follow-up tasks.
- Provide excellent client service by responding to inquiries, processing requests, and resolving issues in a timely and professional manner.
- Assist with the onboarding of new clients, including gathering necessary documentation and setting up accounts.
- Support senior advisors in the preparation of investment proposals and recommendations.
- Collaborate with client service team to ensure efficient client service and operational processes.
- Develop a strong understanding of the firm's investment philosophy and wealth management services.
- Contribute to team projects and initiatives aimed at improving client experience and operational efficiency.
Compensation
-Competitive salary, bonus, and benefits package
-401(k)/profit sharing plan with safe-harbor
-Medical and dental insurance, group life and short-term disability insurance