Private Wealth Advisor

Lead Advisor is a wealth management consulting and search firm. This role is for a client, based in Woodbury. This is an ONSITE role.The primary responsibility of the Private Wealth Advisor is business development. Paired with a dedicated Private Wealth Service Advisor (Second Chair), their goal is to grow the business through onboarding new clients and households. While still responsible for servicing a curated book of business and attaining a 97% or higher client retention rate, they will primarily be measured on annual goals associated with significant firm growth. Advisors will spend approximately 80% of their time dedicated to business development and 20% servicing their existing book, leaning heavily on their Second Chair for service support. Essential FunctionsIdentify and acquire new clients through networking, referrals, and proactive outreachDevelop and implement strategies to grow and capitalize on opportunities from current clients to increase both insurance premium production and AUMLead client meetings, presenting comprehensive financial planning including investment strategies and risk management for up to 150 client householdsProvide white-glove service to existing clients, striving for a 97% client retention ratePartner with their Second Chair to record case notes, document meeting outcomes, and follow-up on action items in a timely mannerCollaborate with the Planning Team to create and implement personalized financial plans for top clientsLeverage all approved artificial intelligence (AI) regularlyDeliver presentations and conduct meetings with prospects to assess their financial needs and propose suitable solutionsRequired Education and ExperienceBachelor’s degree in Business, Finance, or a similar field, or commensurate work experience requiredFINRA SIE, Series 7, and Series 63 or 66 required (or ability to obtain) MN Life & Health Insurance license required (or ability to obtain) MN Variable Life Insurance License required (or ability to obtain) CFP required (or ability to obtain)ChFC, CLU, and/or RICP preferred 5 years of experience as a Financial Advisor, Client Service Manager, Private Wealth Service Advisor, or a related discipline, with progressively elevated roles requiredAttention to detail and accuracy requiredPersonable, with the ability to build rapport and trust quicklySelf-motivated with the ability to work both independently and as part of a teamHigh level of professionalism and client service orientationExcellent written and verbal communication and presentation skillsProficient in the utilization of Microsoft Office Suite Location: 5 days in officeSalary: 60-80k base