Associate Financial Advisor

Ameriprise•Vacaville, CA

About The Position

This position is with an independent Ameriprise Financial franchise owner. The Associate Financial Advisor helps operate a financial planning practice and supports financial advisors in working with clients to help them achieve their financial goals. The franchise owner will lead the employee as they develop their skills. The role helps create and deliver a distinctive client experience and requires adherence to high standards of business and professional ethics, as well as legal and regulatory requirements. The role provides client relationship support by managing, gathering, and analyzing client data; helping prepare financial plans and other client deliverables; assisting clients with issues; and completing practice-management tasks. It also responds to ad hoc requests and coordinates or tracks projects, including small business-as-usual projects such as organizing a client seminar. Responsibilities and time allocation may change to meet the needs of the practice, and other duties may be assigned by the advisor.

Requirements

College degree or higher.
At least 2 years of similar experience.
Successfully completed Series 7 and Series 66.
State life, accident, and health insurance license.
Ability to meet with clients and present planning strategies.
High level of interpersonal skills.
Initiative in business development.
Entrepreneurial perspective and desire to grow the business.
Ability to recommend suitable investment products and services.
Ability to plan and manage resources, including 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.

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 follow-through on 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.
Persuade clients to act on suitable advice and recommendations.
Execute appropriate trades to align with proposed portfolios.
Monitor the economy, markets, and world events to determine whether strategic rebalancing is required.
Manage wholesaler relationships and conduct transactions on behalf of clients.
Review work methods and procedures for quality improvements and efficiencies and implement improvements when appropriate.
Assign and delegate work and provide feedback to other practice support staff when appropriate.
Participate in daily stand-up and weekly staff meetings.
Serve 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 organizing client seminars.
Support and provide guidance for compliance within the advisor’s practice.