Private Wealth Advisor II

Old National Bank•Gurnee, IL

21h

About The Position

Old National Bank is seeking a Private Wealth Advisor to develop client relationships and provide financial and investment guidance to existing and prospective Wealth clients. The advisor works within a team of Wealth specialists and engages colleagues—including Private Bankers, Trust Officers, the Fixed Income Team, RPS Administrators, and Philanthropy Officers—as appropriate. The position may be filled at the Private Wealth Advisor II or Senior level depending on the candidate’s skills, qualifications, and experience. The advisor manages a portfolio of client relationships, reviews client goals and financial information, assesses risk tolerance and return objectives, and constructs and maintains investment portfolios. The role also provides financial-planning advice, develops new business through internal referrals and external relationships, and maintains knowledge of economic, financial, and industry developments to advise clients throughout the business cycle. The stated salary range is $60,000 plus commission. Compensation depends on location, skills, experience, qualifications, and the career level at which the position is filled.

Requirements

Bachelor’s degree in Finance, Business, or a related field.
At least 3 years of retail or institutional wealth/investment experience.
Strong relationship-building skills, including verbal and written communication skills.
Working knowledge of investment markets, products, and services, and ability to implement investment strategies that meet client needs and goals.
Excellent sales and closing skills.
Series 6 or Series 7 license to sell brokerage products.
State Life and Health Insurance Licenses.
Ability to build and develop a robust sales pipeline.

Nice To Haves

CFP, MBA, or professional designation(s).

Responsibilities

Manage a portfolio of client relationships, including holding regular meetings to review and update client goals, financial information, and investments.
Assess clients’ risk tolerance and return goals and construct investment portfolios designed to meet them.
Construct, rebalance, and modify client portfolios in response to changing circumstances, cash needs, risk tolerance, and market conditions.
Provide financial-planning advice, complete basic plans, and work with the dedicated financial-planning team to deliver and implement comprehensive strategies.
Introduce clients to in-house insurance experts and other financial resources.
Prospect for and develop new Wealth business through internal referrals and external opportunities.
Build productive relationships with Consumer and Commercial business partners.
Work with Private Bankers to develop and expand wallet share with existing Wealth relationships.
Develop external center-of-influence opportunities outside the bank.
Research economic and financial conditions and develop subject-matter expertise to advise clients throughout the business cycle.
Maintain knowledge of developments and trends in relevant technical and professional areas, and apply industry knowledge in planning and decision-making.
Collaborate with other specialists to support client needs and business objectives.