Private Wealth Associate

About the position Sparks Financial is a holistic wealth management firm, providing a top-notch experience to our valued clients. Our mission is to help people define, build, and enjoy prosperous lives, and we are honored to be a member of the Northwestern Mutual Private Client Group to bring this mission to life. We are recognized by Barron’s, Forbes, and Denver Business Journal as one of the top wealth management firms in the country, managing over $1.5 billion for clients nationally. As we continue to grow, the ideal team player will have an impeccable attention to detail and seek ways to impact processes and clients. Learn more about our firm on our website . The Role The Private Wealth Associate assists in the relationship and management of client’s household planning as a member of the Advisory team. This role is responsible for preparing, attending, and implementing work items following joint meetings with Private Wealth Advisor and clients/ prospects. This role requires knowledge in risk, investments, and planning to help analyze current situations; and works to develop and process solutions specific to the needs and goals of clients.

Responsibilities

• Assist Private Wealth Advisor in all aspects of client relationship management, including client/ household scheduling, servicing, and ensuring client information is correct and consistent.
• Prepare presentation material for client and prospect meetings with strong attention to detail.
• 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.
• Exemplify excellent communication skills across multiple business units, working collaboratively towards client goals with key stakeholders.
• Complete investment statement analysis with familiarity in Morningstar or other reporting software.
• Use propriety software to run in-force risk product ledgers, adjusting outputs to match client requests, advisor recommendations, and planning assumption changes.
• Review and work to update financial plans in proprietary software, working alongside Sr. Planning Specialist and Operations Team.
• 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 assist Private Wealth Advisor in developing and analyzing recommendations.
• Participate in weekly, monthly, and quarterly meetings to share and develop skills and best practices.

Requirements

• 3+ years in Financial Services, with a background in financial planning preferred.
• Bachelor's degree or equivalent secondary education. Equivalent relevant experience and training may be substituted.
• Colorado Life and Health Insurance Licenses required (or earned within first 30 days of employment)
• FINRA SIE, Series 7, and Series 63 Licenses required (or earned within first 90 days of employment)
• Ability to receive, prioritize, and complete workflow items regarding current financial situations and goals.
• 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.

Benefits

• Starting salary of $75,000 - $95,000 (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
• Sparks Financial provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, marital status, genetics, Veteran status, or other legally protected characteristics. In addition to federal law requirements, Sparks Financial complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
• Sparks Financial will not discriminate or retaliate against applicants for failing to disclose wage rate history in accordance with applicable law.
• Sparks Financial expressly prohibits any form of workplace harassment based on race, color, religion, marital status, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Sparks Financial employees to perform their job duties may result in discipline up to and including discharge.

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