Associate Financial Advisor

Ameriprise Financial Services, LLC•Vacaville, CA

10d•$80,000 - $110,000

About The Position

The Associate Financial Advisor assists financial advisor(s) in helping clients achieve their financial goals and supports the daily operations of an independent Ameriprise Financial franchise practice. The role helps create and deliver a distinctive client experience while following high standards of professional ethics and applicable legal and regulatory requirements. The franchise owner leads the associate as they develop their skills. The position provides client relationship support by gathering and analyzing client data, preparing financial plans and client deliverables, helping resolve client issues, and supporting practice management. It also responds to ad hoc requests, coordinates and tracks projects, and may manage small business-as-usual projects such as organizing a client seminar. Responsibilities and time allocation may change to meet the practice’s needs, and other duties may be assigned by the advisor. Work is allocated across financial planning and advice (40%), product solutions (20%), and business management and client care (40%).

Requirements

College degree or higher.
At least 2 years of similar experience.
Successfully completed the Series 7 and Series 66 examinations and obtained a state life, accident, and health insurance license.
Ability to meet with clients and present planning strategies.
High level of interpersonal skills.
Ability to recommend suitable investment products and services.
Ability to plan and manage time, people, and budget to run an optimal practice.
Ability to adhere to rules and regulations required by the advisor and Ameriprise Financial.
Ability to support and provide guidance for compliance within the advisor’s practice.

Nice To Haves

Initiative in business development.
Entrepreneurial perspective and desire to grow the business.

Responsibilities

Identify clients to engage or re-engage in planning relationships.
Prepare for client meetings focused on planning discussions.
Gather and enter client data into the Financial Planning Tool Suite.
Create planning deliverables; perform case analysis and develop recommendations.
Conduct or participate in client meetings to present recommendations and deliver advice.
Track client progress and hold clients accountable to agreed-upon actions.
Answer client questions and provide readily available account-servicing information when requested.
Assess clients’ risk tolerance, goals, and time frames.
Recommend portfolio or product solutions suited to clients’ risk tolerance, goals, and time frames.
Run illustrations and hypotheticals and develop appropriate product deliverables.
Encourage clients to act on suitable advice and recommendations.
Execute appropriate trades to align with proposed portfolios and conduct transactions on behalf of clients.
Monitor the economy, markets, and world events to determine whether strategic rebalancing is required.
Manage wholesaler relationships.
Review work methods and procedures, implement appropriate quality improvements and efficiencies, and help manage business operations.
Assign and delegate work, provide feedback to practice support staff when appropriate, and participate in daily stand-ups and weekly staff meetings.
Act as a technical resource and provide training and support to other practice members.
Set up and maintain the client management system, such as Contact Manager.
Write notes or letters to clients on personal letterhead; review and respond to emails as necessary.
Maintain files and records in accordance with the records retention policy.
Respond to ad hoc requests and coordinate or track projects, including small projects such as organizing a client seminar.
Support and provide guidance for compliance within the advisor’s practice.