Planning and Investment Associate

Holds Wealth Advisors, an affiliate practice on the Northwestern Mutual platform, is a thriving, growing firm based out of the Sarasota-Manatee Northwestern Mutual office. Holds Wealth Advisors provides tax-strategic financial planning and wealth management to a diverse set of creatives, executives and business owners around the country and across all walks of life who are intelligent, sophisticated, authentic, values-based and appreciate a well-timed joke.

Northwestern Mutual is among the top financial services companies in the industry, helping clients achieve financial security for over 160 years. We are proud to be part of the great Northwestern Mutual company. Our focus is on doing right by our clients, employees, and community. Northwestern Mutual enjoys premiere national recognition including:

• Ranks 110 on the FORTUNE® 500 list
• One of the "World's Most Admired" life insurance companies (FORTUNE®, 2020)
• One of the Top 10 U.S. Independent Broker-Dealers (Investment News, 2019)

POSITION OVERVIEW

We are seeking an initiative-driven, detail-oriented individual with client service experience to be an integral member of Holds Wealth Advisors. The Planning & Investments Associate will support Holds Wealth Advisors in developing financial plans for clients and overseeing investment operations. The ideal candidate will have an active interest in the financial services industry, a desire for professional growth, and comfort interacting with clients.

This role is critical to firm success and requires a high degree of organizational capability, strong communication skills, and an ability to work reliably both independently and as part of a team.

Case Preparation and Planning

• Responsible for ensuring that a complete and accurate plan is developed for every client aligned to Northwestern Mutual’s planning philosophy and best practices.
• Analyze client financial goals, current situation, and portfolio. Develop appropriate recommendations to meet client needs, risk profile, time horizon and preferences.
• Identify gaps and opportunities within a prospect’s financial plan and prepare insurance illustrations and investment proposals accordingly.
• Solutions may include life, disability, long term care insurance; brokerage; annuity options; and supported advisory programs.
• Prepare Morningstar reports.
• Gather information for advisor meetings with clients/prospects (e.g. prospectuses, annual reports, and marketing materials) and client reports.
• Promote, utilize, and reinforce planning culture aligned to Northwestern Mutual’s planning philosophy and best practices.
• Consult advisor on the presentation of the plan, investment cases and successful client presentation.

Investment Operations

• Create investment proposals for brokerage accounts and advisory programs
• Prepare Morningstar reports for existing as well as proposed portfolios.
• Prepare documentation to open investment accounts
• Assist with the transfer of funds into new and existing accounts and trade the accounts according to the relevant proposal.
• Troubleshoot money movement issues.
• Liaison with clients on approval and execution of trades
• Assist in account rebalancing as necessary.
• Promote, utilize, and reinforce planning culture aligned to Northwestern Mutual’s planning philosophy and best practices.

IDEAL CHARACTERISTICS

• Strong attention to detail, accuracy, and reliability
• Orientation toward working independently, with a strong sense of ownership and follow-through
• Strong analytical, problem solving, and written and verbal communication skills
• Ability to thrive in a fast-paced team environment
• Ability to thoroughly assess client financial situations (insurance and investments) and analyze portfolios to develop and implement comprehensive plans aligned with client goals

REQUIRED QUALIFICATIONS

• Bachelor’s Degree, ideally in business, finance, or another related field
• Florida Life & Health License (2-15) or ability to obtain within 30 days
• FINRA Series 7
• FINRA Series 63 or Series 66
• 2 years financial planning experience
• Proficient in Microsoft Office applications – Outlook, Word, Excel

PREFERRED QUALIFICATIONS

• Prior Financial Advisor support experience
• Prior experience with Morningstar and CRM client management software a plus

BENEFITS

Benefits include 401k with employer match, and heavily subsidized group health (including optional vision and dental), life and disability insurance.

ADDITIONAL DETAILS

Employment Structure: Full-time

Location: 2601 Cattlemen Road, Suite 201, Sarasota FL 34232

As part of the Northwestern Mutual hiring process, verification of a candidate's background will be required, which includes Federal Bureau of Investigation fingerprint submission for review against nationwide fingerprint records.

Job Type: Full-time

Pay: $50,000.00 - $60,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Experience:

• Financial planning: 1 year (Preferred)

License/Certification:

• Series 7 (Preferred)
• Series 63 or 66 (Preferred)
• Florida Health, Life, and Annuities (FL 2-15) License (Preferred)

Ability to Commute:

• Sarasota, FL 34232 (Required)

Work Location: In person

Salary : $50,000 - $60,000