Financial Advisor Assistant

Wealth Enhancement Group•Plymouth, MN

4d•$70,000 - $80,000•Onsite

About The Position

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 - and growing - 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. For more information, please visit www.wealthenhancement.com. Our Plymouth, MN office has an exciting opportunity for a Financial Advisor Assistant to play a critical role in supporting a team of two Financial Advisors by ensuring a high-quality, efficient, and compliant client experience throughout the entire client lifecycle. This role is responsible for coordinating new client onboarding, maintaining accurate financial documentation, and supporting ongoing client relationships through proactive service, reviews, and follow-up. The Financial Advisor Assistant assists in the preparation and delivery of financial plans, supports advisor recommendations with accurate data and reporting, and acts as a key liaison between clients, advisors, and internal and external partners. Success in this role requires strong attention to detail, effective communication, sound judgment, and a working knowledge of financial products, industry regulations, and company processes. This role is an on-site position. In the spirit of pay transparency, we are excited to share the base salary range for this position is $70,000.00 to $80,000.00, exclusive of bonuses and benefits. We encourage you to apply and provide us with your compensation expectations when you do. We're big on open conversations, so, let's have one.

Requirements

Bachelor’s degree (or equivalent experience) in finance or related field required
2 years previous experience in financial services preferred
Exposure to investment platforms
Solid communication skills (verbal & written)
Ability to organize and prioritize work to meet deadlines
Strong attention to detail
Good analytical and problem-solving skills
Able to work well with all levels of employees
High ethical standards
Proficient with Microsoft Office Suite or related software

Nice To Haves

Experience with Workday preferred
Experience with Salesforce preferred

Responsibilities

Ensure accurate completion and submission of prospect and new client paperwork, including account setup.
Track and follow up on asset transfers and funds from surrendering institutions.
Maintain and update client records within the CRM system, including data entry, filing, and document organization.
Organize and consolidate client financial documents into structured planning files.
Safeguard original client documents and ensure proper retention standards are followed.
Research, resolve, and follow up on operational issues with the Broker/Dealer, internal operations teams, and external vendors.
Record and track incoming assets using the appropriate asset-blotting tools.
Communicate with clients to understand their personal history, financial needs, and service requests.
Prepare and process account transactions, including trades, deposits, withdrawals, required minimum distributions (RMDs), and other service items.
Determine appropriate next steps for client requests and either resolve issues independently or escalate to the Financial Advisor as needed.
Support sensitive and complex service needs, including death claim processing.
Coordinate with clients’ tax and legal professionals, as appropriate, to address client-specific concerns.
Gather and verify client data used for reviews, including account, beneficiary, and RMD information.
Prepare review materials and ensure all information is current and accurate.
Schedule client review meetings and coordinate logistics.
Submit completed review materials to the Financial Advisor or Associate Financial Advisor for final review.
Complete post-review tasks, including updating account information, following up on outstanding paperwork, and documenting notes in the CRM system.
Support the development of financial plans by compiling and summarizing client personal and financial information.
Prepare summaries of clients’ financial positions, asset allocations, and planning assumptions.
Coordinate requests and information exchange with Investment and Insurance Departments.
Assist in generating financial reports and analyses using tools such as Morningstar, BRT (Kettley), and similar platforms.
Submit and track Roundtable cases as required.
Ensure final plans are complete, accurate, and ready for delivery to clients.
Document planning-related communications and actions in the CRM system and client planning files.
Demonstrate understanding of and compliance with Wealth Enhancement Group suitability guidelines, operational processes, and sales model.
Apply financial terminology and product knowledge to daily responsibilities.
Participate in Roundtable events and internal meetings to enhance professional knowledge.
Prepare for and pursue FINRA licensing, as applicable, and engage in ongoing professional development.

Benefits

Training and professional development
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)