Private Wealth Advisor
Position Overview & Purpose
Private Wealth Advisors are the primary managers of client relationships at the firm. They attract new clients, manage existing relationships, and formulate financial advice, leveraging technical specialists as needed. Initially, the Private Wealth Advisor will work closely with the practice owner to build relationships within the firm’s client base and gain familiarity with its planning philosophy.
This key role collaborates with the practice owner, marketing, and operations teams to drive firm growth, identify opportunities, and develop an external prospecting plan to achieve client acquisition goals.
Responsibilities
- Develop a deep understanding of the firms’ planning philosophy and provide trusted financial guidance.
- Collaborate with Marketing and Advisory teams to generate leads, qualify prospects, and identify sales opportunities.
- Build strong client relationships, understanding their financial circumstances, needs, and objectives.
- Guide clients through the onboarding process, introducing them to the firm’s planning approach and support team.
- Assess financial planning areas, including risk, investments, estate, tax, retirement, business planning, philanthropy, education, and cash flow management.
- Make and present financial recommendations in a clear, educational manner.
- Conduct annual financial plan reviews and identify opportunities for improvement.
- Prepare high-quality client meeting materials, including analysis, recommendations, and presentations.
- Potentially oversee Associate Private Wealth Advisors and Financial Planning team members, providing coaching and support.
- Review and enhance Advisory, Marketing, and Operations processes, leading improvement projects.
Qualifications
Required
- Strong written and verbal communication skills with the ability to simplify complex financial topics.
- Proven ability to attract and engage prospective clients.
- Results-oriented, relationship-focused, and highly motivated.
- Minimum of 7 years of experience in insurance, investment, or financial services.
- Idaho Life, Health, and Long-Term Care insurance licenses and FINRA security licenses.
- Strong analytical and technical skills for financial analysis.
- Industry certifications such as ChFC, CFP, CFA, CWM, or RICP.
- Coachable, self-aware, and committed to continuous learning.
- Tech-savvy with experience in financial software and systems.
Preferred
- Bachelor’s degree in Finance, Economics, Accounting, or a related field.
- Experience leading, managing, and coaching a team.
Background Check
Candidates must undergo a FINRA background check, which includes verification of:
- Licenses, registrations, and disciplinary history
- Criminal history
- Employment and education history
All background checks will be conducted in compliance with FINRA regulations, the Securities Exchange Act, the Fair Credit Reporting Act, and applicable laws. Candidates must provide consent for these checks, and all personal information will be handled confidentially.