Paraplanner growing into financial advisor

About the role

Opportunity to grow from a paraplanner to an independent financial advisor with an expanding financial planning office, which is based in White Bear Lake and affiliated with Ameriprise Financial. This person will be an employee of an independent financial advisor franchise.

Assist in daily business operations that support the role of financial advisor using Ameriprise Financial technology systems, including Thomson One, MoneyGuide Pro, Morningstar, Salesforce, Microsoft Outlook and MS Office 360.

This role provides client relationship support through managing, gathering and analyzing client data; helping prepare preliminary financial plans, insurance illustrations, investment reports; and processing investment transactions. The successful candidate will work with clients to resolve issues and other practice management tasks as needed. Must be willing to engage with clients through meetings, events, by phone and email.

Additionally, this person must follow consistently high standards of business ethics, legal and regulatory requirements when dealing with others and/or performing work activities. Position Functions: Prepare preliminary financial planning recommendations and initial product solutions for advisor review and use in client meetings. Prepare and understand insurance for client meetings, including life, disability, and long-term care.

Prepare charts, graphs, tables, and other visual aids to be used in implementation meetings with clients. Develop portfolio/product solution recommendations that will fit the client's risk tolerance and timeframe as well as develop appropriate product deliverables. Manage and resolve client service problems as needed. Maintain client contact during the financial planning process.

Process transactions for insurance, annuity and brokerage products. Review and update client information as needed for client review meetings. Assist with asset allocation, investment and Monte Carlo models Assist with investment and retirement income tax planning strategies. Make calls to gather client data and qualify new clients. Discover growth opportunities within the client base by analyzing their financial data.

Maintain ongoing compliance database. Participate in ongoing client review meetings. Respond to client questions by email or outgoing calls. Communicate with clients about asset allocation changes and rebalancing. Participate in regular team meetings. Integrate into the team's organizational process, CRM system, Outlook, social media, and communication plan.

Communicate the process and story of our firm to help develop the client base. Key Traits: Keen attention to detail and organization. Effective communication with clients and team. Effective and efficient time management. Willingness to serve clients and get to know them on a personal level. Have the heart of an entrepreneur and be willing to think outside of the box.

Ability to adhere to rules and regulations as stated and required by advisors and Ameriprise Financial. Ability to support and provide guidance for compliance within the advisor's practice. Positive attitude and sincere willingness to constantly learn and grow through education and other designations.

Qualifications

• Licensed with Series 7, Series 66, life, accident and health insurance licenses or willingness to get licenses immediately.
• Financial professional designations a plus.
• At least 2-5 years of experience in the financial planning industry preferred.
• Undergraduate degree in business, economics, or finance.
• An alternative degree would require additional experience in the industry.
• We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities.