VP Financial Advisor

About the Company

Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 90,000 households from our over 175 offices nationwide. Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future.

About the Role

This role is a key member of the advisory team and will help UHNW clients achieve their financial goals while providing service that exceeds client expectations. Our team members work together to meet company objectives for customer service quality, client retention, and sales growth.

Responsibilities

• Manage existing client relationships to WEG’s planning-based standard of identity
• Facilitate the financial planning process:
  • Discover a prospect or client’s values, goals, and objectives
  • Understand their current financial situation
  • Engage them in the financial planning process
• Prepare and conduct annual reviews, including both planning and investment topics
• Ensure ongoing client support and communication
• Source and close prospects:
  • Proactively follow up with clients who have not implemented financial plan
  • Close leads provided by various WEG channels (Marketing, CRP, etc.)
  • Create opportunities within your network
  • Drive referrals from existing clients
• Mentor and train individuals on the team in technical areas of financial planning and client service:
  • Educate on the Wealth Enhancement Group planning process
  • Educate on overall financial planning matters
• Participate in Wealth Enhancement Group trainings, educational events, coaching programs, and proficient in advisor/client-facing technology
• Adhere to the Wealth Enhancement Group’s Corporate Communication Strategy and maintain good compliance standing

Requirements

• 4-year degree; business, finance, economics preferred
• Advanced designation required (CFP, CPA, MBA, etc.)
• Series 65 (RIA Only)
• Insurance Licenses
• Substantial experience within the wealth management industry
• Ability to source and convert prospects to clients and provide high-level planning-oriented service
• Excellent analytical, organizational, and communication skills (both oral & written)
• Ability to manage multiple projects at once
• Engagement in WEG, broader community, and active participation in financial planning community

Pay

The expected pay range for this VP Financial Advisor position is $150,000 to $170,000 annually. This range may include a base salary plus variable compensation. Actual compensation within this range will depend on your qualifications, skills, credentials, educational and professional experience, productivity, and sales numbers and can be below or exceed the range.

Benefits

• Medical, dental, and vision coverage (available to full-time employees and their families)
• Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses
• Life and AD&D insurance – employer-paid and voluntary options
• Short-term and long-term disability, workers compensation – employer paid
• 401k with match and profit sharing
• Wellness programs and resources
• Voluntary benefits, including pet insurance
• 18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)
• 12 paid holidays each year (10 pre-determined and 2 floating days)
• Paid parental leave and paid caregiver leave (caregiver leave available after 6 months of tenure)
• Reimbursement for tuition, licensing, and other credentials (available after meeting service requirements)