Financial Consultant

This is a fully remote position, open to applicants in Michigan.

📋 Description

• Provide customized financial advice and investment solutions to mass affluent clients with typically between $50,000 and $250,000 in investable assets.

• Connect with clients via video, phone, and digital platforms to evaluate their needs and offer personalized guidance.

• Build and expand a mass affluent client portfolio through referrals, outreach, and strengthening relationships.

• Refer clients to Flagstar Private Bank, Mortgage, and Consumer Lending divisions.

• Create and deliver financial plans that encompass investment management, retirement planning, estate planning considerations, and risk management.

• Recommend and sell investment and financial products under the R-INV Sales Program.

• Keep track of market trends, product offerings, and regulatory changes.

• Ensure accurate documentation of interactions, recommendations, and transactions.

• Adhere to Quality Assurance processes and R-INV Sales Policy standards.

• Engage in training, compliance evaluations, and performance reviews.

• Utilize independent judgment regarding recommendations, product suitability, and escalations of client concerns.

• Address client account issues, service delivery challenges, and compliance matters within the virtual advisory model.

• Undertake special projects and additional responsibilities as required.

• Comply with all relevant laws, regulations, and necessary training requirements.

⛳️ Requirements

• Bachelor’s degree (4 years or equivalent) in Finance, Business, Economics, or a related discipline, or 5+ years of pertinent experience.

• A minimum of 2 years of experience in financial services, wealth management, or investment advisory roles.

• Proven experience assisting mass affluent or retail investment clients.

• Active FINRA Series 7 and Series 66 licenses, or Series 63 and Series 65, required upon hiring.

• An active Life & Health Insurance license is mandatory, or the ability to obtain it within 90 days of hire.

• High proficiency in video conferencing tools, CRM systems, and digital financial planning software.

• CFP® designation or active progress towards certification is preferred.

• Experience with LPL Financial, Raymond James, or similar brokerage/advisory platforms is preferred.

• Familiarity with fiduciary standards and Regulation Best Interest suitability requirements is preferred.

• Previous virtual or phone-based financial advisory experience is preferred.

• Strong financial knowledge and the ability to articulate complex investment and financial planning concepts clearly and in compliance.

• High ethical standards and a commitment to regulatory compliance, suitability, and client-first advisory practices.

• Consultative sales approach with the ability to identify needs and provide tailored financial solutions.

• Capability to independently manage a virtual book of business, prioritize tasks, and ensure meticulous attention to detail.

🏝️ Benefits

• Medical insurance

• Dental insurance

• Vision insurance

• Life insurance

• Disability insurance

• Comprehensive leave program

• Variable incentives, bonuses, commissions, or other awards may be included in total compensation