Position Summary
In this pivotal role, the Financial Advisor will be responsible for overseeing the investment strategies for their diverse client base. This results-driven role will be responsible for designing and executing tailored investment strategies that meet the customized financial goals of clients, and will also provide a complete and holistic approach to financial planning.
Role Description
The Financial Advisor is an experienced member of the Moors & Cabot team with a mission to competitively deliver the highest quality service to clients in order to help them achieve their financial goals. This role is a valuable partner in the success of the branch and the overall firm. The Financial Advisors of Moors & Cabot exhibit all of Moors & Cabot's core values - Integrity, Service is Personal, One Team, Communication and Initiative - in all of the responsibilities listed below.
This full-time role reports to their respective Branch Manager. Standard business hours at Moors & Cabot are Monday - Friday 8:30 AM to 5:00 PM EST. Moors & Cabot offers multiple flexible work arrangements for its employees: remote, hybrid and in-office. The role is eligible for any of these arrangements depending on proximity to a branch and needs, and must be located within the state of Arizona.
Role Responsibilities
- Develop and implement financial planning solutions for clients and perform complex research and financial analysis related to those solutions
- Build, maintain, and update client databases and financial plans
- Perform research for client portfolios using various software tools
- Stay current and informed by researching investment products and market trends
- Utilize MoneyGuidePro in analyzing, drafting, and implementing financial plans based on client needs
- Provide strategic advice and manage money to reflect client risk tolerance, income, expenses, and assets
- Continuously monitor clients' financial situations with detail and accuracy by monitoring portfolio transactions and addressing client portfolio inquiries
- Maintain and cultivate client relationships via approved mediums of communication
- Create and prepare detailed portfolio reviews, security analysis, and client delivery presentations for meetings
- Document and execute money moves - trades, deposits, ACH, wires, withdrawals, rollovers, etc.
- Cultivate relationships with wholesalers
- Utilize marketing and established business plans to increase book of business
- Plan networking opportunities to foster client opportunities
- Maintain working relationships with other business functions to ensure seamless business practices and troubleshoot problems when they arise
- Compliance, Operations, IT, Training Center, etc.
- Set performance expectations and goals for assigned Client Associate(s) in conjunction with the Branch Manager
- Provide feedback and mentorship to assigned Client Associate(s) on a regular basis
- Adhere to and keep up to date on Compliance and firm policies
- Ensure and maintain good standing with all FINRA/SEC rules and regulations including licensure and continuing education requirements
- Keep up-to-date with the latest tax regulations and industry trends
- Be an active culture carrier and contribute to a positive team morale
Key Measurements
- Ability to meet annual production/revenue goals
- Maintenance and growth of client relationships and book of business
- Adherence to and limiting compliance risk and liability
- Overall success and satisfaction of team, as applicable
Minimum Requirements
- 7+ years of relevant experience within Financial Services
- Portable book of business
- FINRA SIE, Series 7 and 66 (63/65)
- Bachelor's Degree or higher in Business, Finance, or related field
- A passion for financial markets
- Strong understanding of financial planning, portfolio management, and fiduciary investing concepts
- Prior experience with Financial Planning software
- Confident in using Microsoft Office Suite and Google Suite applications
- Comfortable taking initiative and being part of a team environment
- Ability to sit for long periods of time and lift up to 10 pounds
Preferred Requirements
- Experience with RBC, AOS, Nexus Trading, RedTail, RedOak, Wealthbox, Addepar, RightCapital, RiskAlyze, and MoneyGuidePro
Benefits
- Total Rewards Benefits Package:
- Medical, Dental & Vision
- Short Term Disability & Long Term Disability, Employer paid Life Insurance, and optional Supplemental Life insurance for employee, spouse, and dependents
- 401k plans
- Flexible Spending Accounts
- Critical Illness & Accident insurance
- Employee Discount Programs
- Employee Assistance Programs
- Identity Theft Protection Insurance
- PTO: Unlimited
- Flexible Work Schedule
