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NM
Northwestern Mutual
Financial Representative
Career Insights for Financial Planner / Investment Consultant
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Scorecard
Based on South Dakota data
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What they do
A Financial Planner or Investment Consultant advises clients on financial plans and investment strategies. Discusses the client's financial objectives, focusing on investment options and products. May be licensed to buy and sell financial products such as stocks and bonds.
$96,247 / year median in South Dakota
+4% projected growth
Job Description
Financial Representative Northwestern Mutual - 3.7 Sioux Falls, SD Job Details Full-time $61,000 - $250,000 a year 4 days ago Benefits Health insurance Dental insurance 401(k) Pension plan Vision insurance 401(k) matching Flexible schedule Life insurance Qualifications Financial sales Teamwork Bachelor's degree Insurance sales Critical thinking Time management Full Job Description Job description: Becoming a Financial Representative Becoming a financial advisor at Northwestern Mutual is a unique opportunity to start a business where you can help your clients achieve their goals through financial planning. As a financial advisor, you will:
- Grow your client base by making new connections, maintaining a strong referral networks, and providing a great client experience
- Build personalized, holistic financial plans tailored to every client's unique needs
- Manage your client's financial plans to help them achieve their goals
- Grow relationships with clients to support them through every stage of life On your path to becoming a financial advisor, you start as a financial representative focused on client-building and obtaining licenses.
- Asset & Income Protection
- Education Funding
- Investment & Advisory Services
- Trust Services
- Retirement Solutions
- Business Needs Analysis Northwestern Mutual's proprietary planning software helps you educate your clients and deliver holistic financial plans—including investments for growth, insurance for protection, and annuities for guaranteed income in retirement—that helps you have a bigger impact on your clients and community.
- for course tuition fees and books. Compensation & Benefits
- Performance-based earnings and revenue1: o Average advisor annual earnings of $61K-$119K (based on 2018-2023 company average for representatives in the first 3 years) o Top 25% advisor annual earnings of $137K-$250K (based on 2018-2023 company data for top quartile advisors in the first 3 years)
- Additional income structure to support training and early development
- Renewal income earned for continued client support and policy management
- Bonus programs and expense allowances
- Support for insurance licensing, Securities Industry Essentials®, Series 6, Series 7, Series 63, and more
- Certified Financial Planner® licensing support
- Fully company-funded retirement package and pension plan
- Competitive and comprehensive medical, vision, and dental plans
- Life Insurance and Disability Income Insurance
- Parental benefits at every stage of family planning You could be right for this opportunity if you have:
- Entrepreneurial ambitions to be a business owner
- History of success in relationship-building or client-facing roles
- Excellent time-management skills
- Desire for continuous learning and collaboration
- Proficient critical thinking skills
- Strong communicator
- Strong sense of motivation and drive
- Legal authorization to work in the US without sponsorship About Northwestern Mutual For over 165 years, we have helped our clients spend their lives living through comprehensive and innovative financial planning.
Northwestern Mutual:
- Top 5 US Independent Broker-Dealers4
- Unsurpassed financial strength with total company assets of $366 billion5
- Recognized for6 Financial Soundness, Quality of Products/Services, Social Responsibility, and Quality of Management
- Fortune 500® company (June 2024)
- Forbes' Best Employers for Diversity (2023)
- Best Place to Work for LGBTQ+ Equality- Human Rights Campaign Corporate Equality Index (2023)
- 2024 Training APEX Award winner