Financial Representative

Financial Representative

JOB DETAILS:

• Job Type: Full-time (Entry Level)
• No experience in the financial services industry necessary, robust mentorship program and licensing programs to ensure success and growth
• Start as a Financial Representative with Northwestern Mutual with growth paths to become a Financial Advisor and Wealth Management Advisor
• Unlimited income with commission-based pay structure (stipends and bonuses also available), bulk of revenue derived from insurance sales and investment management
• Growth and management opportunities available after sustained success

JOB DUTIES AND RESPONSIBILITIES:

• Build a clientele for yourself by meeting new prospective clients
• Assist clients with creating financial plans that include investment strategies, insurance planning, budgeting, retirement planning, estate planning, etc.
• Manage investments for clients once you are investment licensed and appropriately contracted by Northwestern Mutual Investment Services and Northwestern Mutual Wealth Management Company
• Assist clients with insurance planning including: life insurance, disability insurance, long-term care insurance, key person insurance, etc.
• Provide financial planning advice to your clients

QUALIFICATIONS AND DESIRABLE ATTRIBUTES:

• Education: Bachelor's (Preferred), need to be able to pass Life/Health exams and investment licenses within one year of starting career
• Location: Western Slope, Colorado (District office located in Grand Junction, CO, but remote work allowed on the Western Slope)
• Entrepreneurial mindset: Enjoys autonomy and the ability to build success and a legacy from scratch
• Drive to succeed: Willing to work long hours and go the extra mile to be successful
• Coachable: Willing to learn during a proven mentorship and development program
• Personable: Able to meet new prospective clients and socially interact with current/prospective clients
• Intrinsically motivated: Able to set goals and stick to them without constant management
• Long term vision: The individuals that succeed the most in this career are those that can endure early pain and hard work in pursuit of a successful, lucrative future.

OUR GRAND JUNCTION FIRM'S VISION STATEMENT:

"Our vision is to be the preeminent financial planning firm in Western Colorado and the most vibrant, productive, and competent district office within Colorado, a place where people of influence and affluence seek financial advice, while we uphold our values of integrity, competence, work ethic, accountability, professionalism, courage to grow, family, community involvement, diversity, and personal responsibility."

FINANCIAL PLANNING WITH NORTHWESTERN MUTUAL:

Are you looking for more fulfillment from your career? Our financial professionals help clients reach their goals by developing and implementing financial plans to show clients where they are today, plan where they want to go tomorrow, and provide the financial tools and support to help them get there. Sounds exciting and scary all at the same time? Don’t worry, we don’t expect you to know everything on day one. That’s why you’ll receive in-depth training and partner with industry experts until you’re ready to do it on your own.

We want people with different backgrounds and work experience. We are not expecting you to have extensive financial experience. A lot of our senior advisors were career changers from different industries. We welcome current advisors as well as people with aspirations to join the finance industry or have a passion for helping people solve problems. We see career changers from all different fields - including but not limited to: financial services, business development, hospitality, banking, sales, marketing, management, educators, athletics, legal, communications, real estate, entrepreneurs, military veterans, and community influencers.

THIS CAREER OFFERS YOU:

• Stipends for training and licensing to help you get started.
• The ability to positively impact someone else's life.
• Personalized mentoring and award-winning training & development programs.
• Backing by Northwestern Mutual, an industry leader with a proven track record of success.

TRAINING & SUPPORT:

As a financial representative, you'll receive comprehensive learning and development, and ongoing support to help you build your career. Your hard work will be rewarded with opportunities for growth and unlimited income potential. You will be assigned a mentor when you start that assists you with developing a business plan and teaches you how to be a financial advisor. There will be countless opportunities on a weekly basis to learn from industry experts to bolster your knowledge and skills. After several years in the industry, Northwestern Mutual will pay for your advanced designations and certifications.

Our award-winning training program will help you:

• Get off to a fast start and maintain high performance over time.
• Grow and develop over your career through learning paths designed to guide you along the way.
• Pursue advanced professional designations and certifications with financial support.

Ongoing Support:

Mentorship, Accountability Coaching, Industry Expert and Specialist Training, Investment Education, Monthly Product Training, & more!

A CAREER WITH ENDLESS OPPORTUNITIES:

This career is primarily commission based but also includes stipends and bonuses. It allows you to control what you would want to earn at any given time in your career. To give you an idea, our financial professionals are making on average about $65,000 in their first year, and there is potential for much more.

What’s the catch? The first years in the industry can be tough as you’re learning the business, but the trade-off is that you get to define what success looks like, in a career that only gets better over time.

Beyond income, you'll also have access to a comprehensive benefits package:

• Comprehensive medical insurance : Medical, Dental, Vision, Prescription Drugs, FSAs
• Two pension plans that begin vesting at 5 years with Northwestern Mutual
• Life insurance
• Short-term and long-term disability income insurance
• Health care and dependent care reimbursement accounts
• Reimbursement for licensing and ongoing education / designations
• Work / life balance – the ability to create your own schedule and spend more time with those who matter most

You'll also be rewarded with:

• The chance to pursue a leadership role. Leadership offers growth opportunities through recruitment, development and retention of fellow representatives, and growing network and district offices. Those in leadership have the choice to also maintain their own practice.
• Continuous opportunities for advancement through specialization in areas like disability income, long-term care, annuities, and investments. You may also choose to become a financial advisor or a wealth management advisor of Northwestern Mutual Wealth Management Company®.
• Exceptional income potential: what you earn is directly related to your sales results and the relationships you develop with your clients. Financial representatives are compensated through commissions, renewals, and bonuses.

Income Ranges of Northwestern Mutual Representatives:

Average vs Top 25%

Year 1 | Average - $52,000 Top 25% - $106,000
Year 3 | Average - $103,000 Top 25% - $202,000
Year 5 | Average - $139,000 Top 25% - $289,000
Year 10 | Average - $234,000 Top 25% - $490,000
Year 15 | Average - $341,000 Top 25% - $790,000

ABOUT NORTHWESTERN MUTUAL:

At Northwestern Mutual we believe that everyone deserves to ‘spend their lives living’ and that a strong financial plan is a cornerstone for ensuring that reality. Our teams of financial advisors across the nation embody these beliefs and are committed to helping clients reach their financial goals. With over 50% of American’s citing that their financial planning needs improvement, a career with Northwestern Mutual provides abundant opportunities to serve this growing need!

Recognized by FORTUNE as one of the "World's Most Admired" companies, Northwestern Mutual has been among the leaders in the financial services industry for nearly 160 years and has a proven track record of financial success.

RECENT AWARDS AND ACCOLADES:

• FORTUNE 90 Company
• Unsurpassed Financial Strength with total company assets of $290 billion.
• 97% of policy owners stay year after year.
• Top 10 Independent Broker-Dealer. Financial Advisor Magazine. $162 billion client assets held or managed by Northwestern Mutual.
• The largest direct provider of life insurance in the US.
• 4.9+ million total clients.
• Industry leader in total dividend payout with $6.5 billion.
• Military Friendly Employer Award, 2021
• Forbes’ Best Employers for Diversity, 2021

GIVING BACK:

• Proud Partner of Alex’s Lemonade Stand Foundation
• 500,000+ hours of Children’s cancer research funded
• $445+ million given back through Northwestern Mutual Foundation
• Locally: Citizen Soldier Connection, Rotary Club Sponsors, Title Sponsor of CMU Mavericks Stampede Rodeo, Sponsor of CMU Hockey Team

Requirements

JOB DUTIES AND RESPONSIBILITIES:

• Build a clientele for yourself by meeting new prospective clients
• Assist clients with creating financial plans that include investment strategies, insurance planning, budgeting, retirement planning, estate planning, etc.
• Manage investments for clients once you are investment licensed and appropriately contracted by Northwestern Mutual Investment Services and Northwestern Mutual Wealth Management Company
• Assist clients with insurance planning including: life insurance, disability insurance, long-term care insurance, key person insurance, etc.
• Provide financial planning advice to your clients