Private Wealth Sr. Associate

Northwestern Mutual - Denver • Denver, CO

2d • $85,000 - $100,000 • Hybrid

About The Position

The Private Wealth Senior Associate leads the relationship and management of clients’ household planning. This role applies knowledge of risk, investments, and financial planning to analyze current situations and develop and implement solutions specific to the needs and goals of clients. Strong attention to detail and organizational skills are required to support task execution and new business opportunities. From building recommendations to coordinating implementation with the Operations team, this role supports clients define, build, and enjoy their most prosperous lives.

Requirements

• 5+ years in Financial Services, with a background in financial planning.
• Bachelor's degree or equivalent secondary education. Equivalent relevant experience and training may be substituted.
• Colorado Life and Health Insurance and Long-Term Care Licenses required.
• FINRA SIE, Series 7, and Series 63 Licenses required.
• CFP® designation or equivalent industry standard designations or ability to obtain.
• Demonstrated ability to work collaboratively with multiple business units, sourcing necessary information, and organizing deliverables in a consistent and concise manner.
• High level of attention to detail and detail orientation.
• Excellent communication and interpersonal skills.
• Demonstrated ability to handle the execution of confidential and time sensitive information.

Responsibilities

• Assist Private Wealth Advisor in aspects of client relationship management, including client/ household scheduling, research and analysis, account servicing, and ensuring client information is correct and consistent.
• Work alongside a Client Service Associate, or Operations Team Member, to delegate implementation and servicing items for execution.
• Attend client meetings to support the Private Wealth Advisors with memorialization of meeting notes and action items.
• Complete follow-up/action items that arise during client interactions, including servicing items and new business opportunities.
• Complete periodic internal reviews of managed households/ clients; working to identify areas of opportunity and data inconsistencies to review with Private Wealth Advisor.
• Understand Sparks Financials’ philosophy around planning; and, if needed, make prospect/ client introductions to our trusted CPA, Estate Attorney, and Sophisticated Planning partners.
• Gaining an understanding of Northwestern Mutual product selection including risk and investments; this would include understanding industry standards and competing products. Expectation to gain a deep knowledge of holistic financial planning philosophies to independently, or collaboratively with a Private Wealth Advisors, develop recommendations.
• Work collaboratively across multiple business units, while exemplifying excellent communication skills, to help achieve client goals.
• Participation in weekly, monthly, and quarterly meetings to share and develop skills and best practices.
• Participate in Home Office and/or local office Ad-Hoc committees and project requests as they arise.

Benefits

• Starting salary of $85,000 - $100,000 (contingent on industry experience) + quarterly bonuses
• Hybrid work environment with remote work on Tuesdays and Fridays after successful completion of introductory period
• Company paid industry licensing including study time and exam course material
• Paid Time Off, 11 observed holidays, and birthday day off
• Paid parental leave and paid sabbatical
• Medical, Dental and Vision benefits
• 401(k) retirement plan with up to 4% match
• Employer-paid Short-Term Disability, Long-Term Disability, and Long-Term Care reimbursement
• Cell phone stipend, paid parking, health and wellness stipend, and more perks

What This Job Offers

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