Summary
Responsible for the day to day analysis and recommendation of trust investment strategies for Northwestern Mutual Wealth Management (WMC) and advisory accounts. Provides guidance to the field on approved investment strategy policies and programs. Assists in the recommendations and coordination of WMC's investment policy.
Primary Duties & Responsibilities
Provides proactive support for the investment needs and questions of field financial advisors and Wealth Management Advisors. The investment consultant will be a key resource for field advisors and registered representatives and will be instrumental in facilitating their investment-related client discussions. Carefully evaluate and recommend client investment solutions.
Consults to trading, portfolio rebalancing, transition management, proxy voting, portfolio construction, investment performance, security selection, security research, investment planning and financial markets.
In depth knowledge of market and fund/manager data concerning the investment strategies and tactics of these investments and their impact on account performance.
Performs ad hoc due diligence and research on stocks, bonds, mutual funds and other investment vehicles as requested by advisors.
In depth understanding of investment advisory product offerings with ability to understand customer needs and identify appropriate product solutions.
Conducts supervisory activities related to our rep-as-PM program including approval of advisory program non-standard proposals, investment transition plans, ineligible securities and qualified retirement plans.
Integral member of the investment team, including potential participation in Investment Committee or Investment Strategy Committee meetings as well.
Qualifications
Bachelor's degree or equivalent experience, MBA preferred
Minimum 5 years relevant work experience in the financial services industry to include a broad knowledge of markets, investments, economics, accounting, and financial tools, such as Bloomberg, Morningstar, etc.
Demonstrated ability to focus on customer financial needs and continually search for investment strategy alternatives that meet these needs.
Ability to make sound and consistent investment strategy recommendations.
Independent, driven individual with strong work ethic and desire to engage in continuous learning related to the role, markets and investments
Experience working with an investment sales force including the ability to persuade and explain complex investment topics.
FINRA registrations are permissible for this position.
Solid oral and written communication skills.
The role may involve a certain amount of travel.
CFA, CFP or progress towards achieving the designation
This position has been classified as an Associated Person under NMIS guidelines and requires fingerprinting and completion of required form.Non-Registered Fingerprinted - FINRA
Compensation Range:
Pay Range - Start:
$89,360.00Pay Range - End:
$134,040.00Geographic Specific Pay Structure:
Structure 110:
$98,320.00 USD - $147,480.00 USDStructure 115:
$102,800.00 USD - $154,200.00 USDWe believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you’re living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.
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Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.
Field Consulting (NM) - Advanced, Account Performance Monitoring (NM) - Intermediate, Cross Functional Partnering & Planning (NM) - Intermediate, Behavioral Finance (NM) - Intermediate, Investment Performance Reporting (NM) - Intermediate, Investment Advisory (NM) - Intermediate, Financial Market Monitoring (NM) - Intermediate, Portfolio Management (NM) - Intermediate, Customer Centricity (NM) - Intermediate, Economic Acumen (NM) - Intermediate, Investment Research (NM) - Intermediate, Attention to Detail (NM) - Advanced, Financial Services Industry Acumen (NM) - Intermediate, Storytelling through Data (NM) - Advanced, Portfolio Construction (NM) - Intermediate, Investment Products (NM) - Intermediate
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