The investment specialist will assist financial advisor(s) daily, to help clients achieve their financial goals. As the investment specialist, you will be instrumental in creating and delivering a unique client experience that defines and differentiates the practice. This position will consistently follow high standards of business and professional ethics, and legal and regulatory requirements when dealing with others and/or performing work activities.
This role provides Financial Advisors with the daily support needed to provide analysis of client data, tracking of incoming assets, preparation of investment models, trading and research, and working with clients to resolve issues, as well as completion of Ad hoc overall service, as requested.
Responsibilities and Time Allocation – Will change over time to meet the needs of the practice and can include other duties as assigned by the advisor.
Position Function:
Investment Team
Trading for all advisors on all platforms (SPS Advisor, SPS Advantage, brokerage)
Ability to contact clients for verbal authorization on trades for SPS Advantage and brokerage accounts
Covered Call Writing and management of covered call spreadsheet/timing/trading of options
Research/ Security selection and analysis – stock, etf, mutual fund, alternatives
Proposals/Hypotheticals illustrations to present to clients and prospects – via Morningstar Advisor Workstation/Thomson& Vestmark Wealth management tool
Portfolio construction and design (based on case specifics to client)
Money Movement submissions, RMD calculations and tracking, qualified plan distributions and rollovers: (ACH, Wire, Check, Internal).
Prepare initial product solutions for advisor review and use in client Financial Planning meetings.
Cash management (daily monitoring cash balances to fund income payouts to clients – trading to replenish cash for client payouts)
Daily proposals for Investment Direction
Investment Performance (benchmarking) reporting and tracking
Asset Allocation (trend trading – Value vs. Growth, Large vs. Small, etc.)
Monitor allocation drift (via asset allocation dashboard), trade to model and eliminate drift
Client Care
Answer questions and provide readily available information to clients, as it relates to servicing their accounts
Work with home office to ensure accurate new business setup, estate settlement processing, client account maintenance, resolve issues, etc.
Document all client contact/calls in CRM
Key Traits of a Successful Investment Specialist:
Direct attention to detail and organization
Effective communication with clients and other advisors/staff
Effective and efficient time management
Polite and clear phone manner
Ability to multi-task
Ability to adhere to rules and regulations as stated and required by advisor, Ameriprise Financial
Ability to support and provide guidance for compliance within the advisor’s practice
Positive attitude and sincere willingness to constantly learn and grow
Education and Other Designations:
College degree or higher
2+ years of similar experience
Already have federal and state licenses and registrations for securities, including Series 7, Series 66, and State life, accident and health insurance licenses
At Ameriprise Financial, we’re not just in the business of helping clients with their financial goals – we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you’re motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial.
This position is with an Ameriprise Financial Franchise owner.
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Full-Time/Part-Time
Full time