Financial Advisor

Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ: TCBK) headquartered in Chico, California. With corporate offices in Roseville, South San Francisco, and Bakersfield, the bank has assets of nearly $10 billion and 50 years of financial stability. Tri Counties Bank is dedicated to providing exceptional service for individuals and businesses throughout California with more than 75 locations, advanced mobile and online banking, and access to approximately 40,000 surcharge-free ATMs nationwide.

About the role

A Financial Advisor provides investment advice to current and prospective clients to help them achieve their financial and business goals. This advice includes recommending suitable financial products and services depending on each client’s particular financial status and objectives. The role involves gathering and analyzing confidential client information—such as objectives, income, assets, investments, debts, investment experience, time horizon, liquidity needs, risk tolerance, and other personal details—to determine which financial products best meet the client’s needs and circumstances.

Responsibilities

• Interview clients and conduct due diligence to obtain key financial information and investment goals, developing a client profile.
• Use financial planning as a tool to uncover client needs and suitable solutions.
• Compare and evaluate possible investment options, identifying strategies and potential investments based on market conditions and the client’s circumstances.
• Analyze each client’s financial situation to recommend only those investments that are suitable for their status and objectives.
• Advise clients about the risks, advantages, and disadvantages of various investment opportunities and strategies.
• Design, implement, and maintain investment plans to address client financial goals and business succession needs.
• Stay current on economic events and trends.
• Remain informed regarding NDIP Investment Services and Bank changes in services, products, and policies.
• Engage in promotion or business development activities, including marketing, servicing, and promoting financial services and products.
• Open client accounts, initiate and confirm client orders, maintain client files and records, and prepare required reports.
• Maintain confidentiality of all client account information and bank affairs.
• Comply with all rules and regulations prescribed by FINRA, the current broker/dealer, and all applicable State Insurance Commissions.
• Comply with FDIC regulations, including Bank Secrecy Act, Suspicious Activity Reporting, OFAC, Information Security Guidelines, Identity Theft Red Flags, and FDIC rules on Non-Deposit Investment Products (NDIP).
• Participate in continuing educational courses through the Bank, broker/dealer, FINRA, insurance carriers, and State Insurance Commissions.
• Maintain NDIP Investment center and display areas, and handle public relations within branch locations.
• Read and understand the current broker/dealer Compliance Manual and stay current on communications from the broker/dealer Compliance Department, FINRA, and State Insurance Commissioner Offices.
• Maintain a high level of professionalism, integrity, and compliance with the Bank’s standards of conduct.
• Maintain a current understanding of Bank policies and procedures in compliance with federal and state laws, including Bank Secrecy Act, Information Security (GLBA), Identity Theft Red Flags, Financial Elder Abuse Reporting, and other applicable regulations.
• Perform other work-related duties as assigned.

Requirements

• High school diploma or GED required.
• Undergraduate degree or commensurate business experience preferred.
• FINRA licenses required: Series 7, 63, and 65 or 66.
• State of California life, health, and disability insurance license.
• Previous securities industry experience and direct investment advice experience required.
• Previous securities investment advice experience in a banking environment preferred.

Pay

The hiring range for this position is $70,304 to $150,000 annually, along with incentive opportunities, creating a competitive total compensation package. Pay may be modified by location and is based on qualifications and experience.