Financial Planning Assistant

About Wealth Enhancement Group

Wealth Enhancement Group is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 55,000 households from our over 100 offices - and growing - nationwide.

Since 1997, Wealth Enhancement Group has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.

We have an exciting an opportunity for a Financial Planning Assistant in our Itasca, IL office. This role will provide support to the Financial Advisors by assisting in the preparation of customized financial plans for prospective and existing clients of which includes the initial organization of financial documentation, data entry, coordination of analyses with other teams, analyzing the client’s goal and objectives and Values as well as the incorporating the Financial Advisors recommendations. A Financial Planning Assistant will assist in the preparation of financial plans at the direction of a licensed Financial Planner or Financial Advisor. This position is not required to hold any licenses, does not have E&O insurance and therefore can not make recommendations.

The salary target for this role is $20-25/hour depending on experience.

We select our initial compensation target using national compensation survey data. When we make an offer, we then factor in things like tenure, performance, and geographic location to come up with the most accurate numbers. We encourage you to apply and provide us with your compensation expectations when you do. We’re big on open conversations, so, let’s have one.

Primary Job Functions

Organize the clients financial documentation

• As necessary, copy the clients financial documents
• As necessary, scan the clients financial documents into document retention systems, and/or,
• Organize the clients financial documents into a planning folder
• Maintain the integrity of client original documents for delivery back to the client
  
  

Assist in the creation of customized financial plans for presentation to clients

• Provide an accurate summary of clients’ personal information and current financial position
• Provide an accurate current asset allocation
• Coordinate and obtain recommendations from the Financial Advisor
• Coordinate investment allocations and/or recommendations from the advisor or the investment department, as necessary
• Assist in the creation of other financial planning reports/analyses,
• Help incorporate analyses and recommendations into the Financial Plan
• Support the Financial Advisor or Financial Planner with the implementation of Financial Plan, completion; (e.g. forms, tasks, follow-up, etc.)
• Ensure documentation regarding client communications, inquiries, and actions related to planning
  
  

Participate in the scheduling and creation of client reviews for presentation to clients (if applicable)

• Call or mail letter to schedule reviews
• Prepare reviews and maintain accurate information on all accounts (WEG & outside WEG), beneficiary information, RMD tracking, etc.
• Submit review to Financial Advisor or Associate Financial Advisor on a timely basis for final review
• Post-review tasks
• Update Account information
• Follow-up on paper-work, as necessary
• Record notes regarding client communications, inquiries, and actions related to reviews
  

Participate in the “all sharing WEG culture” by:

• Attending and participating in weekly Roundtables
• Provide timely responses to questions or issues posed by your peers
• Contribute positively to problem solving
  
  

Education | Qualifications

• Minimum of 4 year college degree (or equivalent work experience)
• 0 – 1 year previous experience in the financial services industry preferred
• Proficiency in Excel/Word/PowerPoint/Outlook
• Individual must possess excellent communication, organizational, analytical, proofreading, and PC skills
• Experience with Financial planning software is desirable, but not required.
  
  

IND123

- ONSITE

- JV1

Comprehensive Benefits Offerings

Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. You may participate in the following benefits & development opportunities:

• Training and professional development
• Medical and dental coverage
• 401k – with match and profit sharing
• Health care spending and savings accounts
• Dependent care spending account
• Vision coverage
• Wellness programs and resources
• Life insurance – employer paid
• Short-term and long-term disability – employer paid
• Paid Time Off
• 10 paid holidays each year
• Paid parental leave
• Tuition reimbursement
  
  

Should you need reasonable accommodation when completing the application form or during the selection process, contact the Human Resources Department at 763-417-1700

Information provided on this application will be kept confidential and only be shared with those involved in the selection process.

Equal Opportunity Employer, including disabled and veterans. This organization participates in E-Verify.

Click the following link to view Federal and E-Verify posters: Link

OSHA Requirements: This position requires the ability to stand or sit for long periods of time, file documents in high or low cabinets, to use the telephone and to use the computer systems.