Private Wealth Advisor

Old National Bank•Gurnee, IL

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 as part of a team of Wealth Group specialists and engages colleagues—including Private Bankers, Trust Officers, the Fixed Income Team, RPS Administrators, and Philanthropy Officers—as appropriate. The salary range is $0–$48,000 per year plus bonus; actual offers may vary based on responsibilities, qualifications, experience, and geographic location. The role manages client relationships and portfolios, provides financial-planning advice, develops new wealth business through internal referrals and external relationships, and maintains relevant knowledge of economic and financial conditions. The position requires a bachelor’s degree in Finance, Business, or a related field and at least three years of retail or institutional wealth or investment experience.

Requirements

Bachelor’s degree in Finance, Business, or a related field.
At least three years of retail or institutional wealth or investment experience.
Strong relationship-building skills, including verbal and written communication skills.
Working knowledge of investment markets, products, and services, and the 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 those goals.
Construct, rebalance, and modify client investment portfolios based on 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 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 and maintain knowledge of economic and financial conditions and relevant technical and professional developments to advise clients throughout the business cycle.
Use industry knowledge and awareness of factors affecting company performance in planning and decision-making.