Branch Manager - Ameriprise Financial Advisors - Downers Grove, IL

Ameriprise Financial Services, LLC • Downers Grove, IL

4d • $45,000 - $60,000 • Hybrid

About The Position

The Branch Manager leads one or more Ameriprise-owned branch offices, understands the local market, and executes a business plan to grow the branch profitably. The role focuses on growing advisor practices through coaching on key revenue drivers, recruiting and acquiring external practices, leading with integrity, and building a strong office culture that optimizes relationships and resources.

The manager implements recruiting and onboarding strategies, coaches advisors on business planning and client service, and drives branch performance. The role also provides front-line supervision to help ensure sales activity aligns with client objectives, goals, and risk tolerance, while anticipating and resolving risks. The Branch Manager is expected to develop a culture of peer learning, achievement, and continuous development, uphold Ameriprise core values, and maintain or build a personal wealth management practice serving clients through the Ameriprise Client Experience.

This is a full-time, exempt role. Employees work in the office at least four days per week, with flexibility to work from home one day per week; some roles may require additional or different in-office expectations. Estimated base salary is $45,000–$60,000 per year. Compensation may also include variable pay such as bonuses, commissions, and/or long-term incentives. Benefits include vacation time, sick time, 401(k), and health, dental, and life insurance.

Requirements

• Bachelor’s degree or equivalent.
• 3–5 years of relevant work experience.
• Obtain and maintain appropriate registrations to oversee broker/dealer operations and develop advisor training.
• Active FINRA Series 7 license or ability to obtain it within 150 days.
• Active FINRA Series 24, or Series 9/10, or ability to obtain it within 90 days.
• Active State Securities Agent Registration (Series 63 or Series 66) or ability to obtain it within 150 days.
• Active State IAR registration (Series 65 or Series 66) or ability to obtain it within 150 days.
• Active Life and Accident/Health insurance license or ability to obtain it within 150 days.
• Proven success driving business growth.
• Proven leadership skills and ability to drive and motivate an organization to achieve results.
• Demonstrated sales success, including the ability to acquire clients and close business.
• Self-driven and achievement-oriented.
• Ability to execute a playbook to drive results.
• Strong presentation skills.
• P&L expense management skills and ability to analyze data and reports to identify business opportunities.
• Knowledge of and ability to develop networks within the community.
• Excellent compliance record.
• Valid U.S. work authorization that does not now or in the future require visa sponsorship.

Nice To Haves

• Master’s degree.
• Relevant industry designation, such as CFP.

Responsibilities

• Implement the national recruiting strategy and recruit high-quality, experienced advisors to the branch.
• Generate leads in the local-area pipeline and manage the end-to-end candidate experience.
• Develop and communicate the branch’s unique value proposition to candidates.
• Execute onboarding and ramp-up plans that drive growth.
• Drive profitable organic growth through active leadership, coaching, and delivery of the Ameriprise Client Experience.
• Inspect results regularly and provide systematic coaching to advisors on ongoing business planning, client acquisition, advice, investment solutions, and external practice acquisition.
• Provide front-line supervision to help ensure sales activities are based appropriately on client objectives, goals, and risk tolerance.
• Anticipate, manage, and resolve risk items to protect client interests.
• Develop a strong local office culture that supports peer learning, achievement, growth, and continuous development.
• Ensure Ameriprise core values are upheld, including client focus, integrity, excellence, and giving back to local communities.
• Maintain or build a personal wealth management practice serving clients through the Ameriprise Client Experience.
• Lead by example in client service and practice management.

Benefits

• Vacation time
• Sick time
• 401(k)
• Health insurance
• Dental insurance
• Life insurance
• Variable compensation may include bonuses, commissions, and/or long-term incentives.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager