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Financial Advisor - Wealth Management Trainee

Northwestern Mutual - The Russo Group

Financial Advisor - Wealth Management Trainee

New York, NY
Full Time
Paid
  • Responsibilities

    Financial Advisor: Training Included When getting started on Wall Street it's important to join a firm that will give you the most opportunities for success. The Financial Advisor trainee program will get you started in a difficult yet lucrative career. We're going to sponsor and pay for your licenses (Series 6/7, 63, Life & Health), and teach you how to work with Business Owners, Families, and Individuals. Financial advisors with Northwestern Mutual help clients reach their financial goals, staying with them over time and evolving their plans as their needs change. And with more than half of Americans believing their financial planning needs improvement, a career with Northwestern Mutual provides abundant opportunities. Earn compensation through stipends, commissions, bonuses, repeat business, and client retention. It allows you to control what you would want to earn at any given time in your career. To provide you with an idea, our financial professionals are making on average about $82,000 in their first year, and there is potential to earn more. The average for years 1-4 is $113,737 and $444,679 on average after 5+ years. We offer full comprehensive benefits, including Health Insurance, dental, vision, and two retirement plans including a pension. PERKS AT GLANCE  • Location - On the days you are in the office, get here quickly thanks to our highly accessible central Manhattan location in Midtown. • Flexibility - Have the ability to set your schedule and achieve work/life balance • Growth/Development - There are various paths within this career and we are devoted to helping each person grow personally, professionally, and financially • Culture - Be a part of our "work hard, play hard" office culture. We are an inclusive and diverse family-oriented team. Individually and collectively, we are driven to make a positive impact on people's lives and our communities. • Benefits - full comprehensive benefits BENEFITS • Growth and Leadership Opportunities • #1 Women's team in the Northeast • Expense Allowance • Comprehensive Medical Coverage • Retirement Package; Pension Plan • Group Life and Disability Income Insurance • Commission structure to support early development • Renewable income • Support for insurance licensing, SIE, Series 6, Series 63, CFP®, and more • Medical, Dental, Vision, Life Insurance and Disability Income Insurance  WHY JOIN NORTHWESTERN MUTUAL • #90, Fortune 100 company (2021) • Forbes' Best Employers for Diversity (2018-2020) • Top 10 US Independent Broker-Dealers1 • #1 Amongst Life Insurers Most Admired Companies2 for Financial Soundness • Best Place to Work for LGBTQ+ Equality- Human Rights Campaign Corporate Equality Index (2015-2021) • $224 billion3 (retail investment client assets held or managed) Responsibilities: • Gather and assess each client’s financial information to accurately determine factors including financial status, cash flow, monetary expectations, financial goals, retirement plans, and additional factors related to wealth management • Make strategic product, plan, and investment recommendations and financial advice to help clients reach their monetary goals • Customize financial plans for each client based on his or her professional/work circumstances, life stage, and evolving financial needs • Serve as a trusted advisor for new clients acquired through proactive measures to seek, identify, and establish prospects • Be a coachable, organized team member interested in pursuing training development and educational opportunities • Training and guidance from our leadership team and individual mentors • Consider clients’ life stage, professional circumstances, and changing financial needs when developing tailored financial plans to suit their needs Qualifications: • 4-year College Degree or higher • A pleasant attitude and dependable judgment • Values of integrity and honesty • Excellent relationship builder with strong interpersonal skills • Ability to work independently with a go-getter mindset • Legal authorization to work in the US without sponsorship  • Entrepreneurial ambitions Compensation: $82,000 - $444,000 yearly

    • Gather and assess each client’s financial information to accurately determine factors including financial status, cash flow, monetary expectations, financial goals, retirement plans, and additional factors related to wealth management • Make strategic product, plan, and investment recommendations and financial advice to help clients reach their monetary goals • Customize financial plans for each client based on his or her professional/work circumstances, life stage, and evolving financial needs • Serve as a trusted advisor for new clients acquired through proactive measures to seek, identify, and establish prospects • Be a coachable, organized team member interested in pursuing training development and educational opportunities • Training and guidance from our leadership team and individual mentors • Consider clients’ life stage, professional circumstances, and changing financial needs when developing tailored financial plans to suit their needs