Wealth Advisor

• Provides comprehensive financial planning advice to both banking and non-banking clients in such a way as to provide unbiased financial recommendations to all types of clients. Should be perceived as a knowledgeable and trusted advisor on matters relating to investment planning, retirement planning, education funding planning, and estate planning.  Should be able to provide clients a detailed analysis of their needs as well as a strategy to implement this plan.
• Develops new business and additions to existing accounts to meet annual financial Works in collaboration with Commercial Lenders, Retail Market Managers, Wealth Management Officers, and other organization contacts. Develops new business by contacting centers of influence (COI’s), prospects, and clients.
• Responsible for overall management of the client relationship for accounts developed or Coordinates client communications and works closely with Department employees on administrative, operational, investment, and insurance issues to ensure the quality of the client experience.
• Fosters goodwill to other departments of the organization by providing guidance and resources on financial planning, investment, and insurance Provides financial and investment expertise to help educate Bank staff, Department employees, clients, and centers of influence.
• Responds promptly to internal and external referrals, attends organization functions, and works closely with other areas of the Bank and Wealth Management. Seeks speaking or writing opportunities and attends networking functions such as Chamber breakfasts and social events,
• Works in conjunction with the broker/dealer firm LPL Financial, and is responsible for maintaining a high degree of professional and ethical behavior. Financial recommendations to clients should be performed in a manner so as to be in compliance with all state, federal, SEC, and other regulatory agencies.
• Administers Wealth Management custody accounts (agency investment management, IRA, endowment) in accordance with all applicable rules and regulations, including without limitation Department and Board charter and directives, FDIC standards, the Prudent Investor Act, and the Uniform Principal and Income Act.
• Provides a level of service that deepens relationships with existing clients and cultivates referrals from business partners and centers of influence.
• Must have outstanding communication skills, the ability to understand complex financial analysis/data, and communicate these issues (in "lay man's" terms) to all types of clients effectively.
• Acquires new clients which must be done in such a way as to only embellish the Salem Five Bank relationship that might exist already or to only complement the other services available at Salem Five.
• Compliance with banking laws and regulations as defined in company policies and procedures pertinent to position.

Who We Are: Join an organization that prioritizes innovation, customer service and supporting the communities we serve. Love the people you work with while participating in and helping to shape our collaborative environment. When you join Salem Five, you become part of a growing, regional financial services company. Salem Five has more than 30 retail banking branches throughout Essex, Middlesex, Norfolk and Suffolk counties, strong business banking capabilities, an Insurance division, a Wealth Management & Trust organization and a Mortgage Company that has provided homeownership to generations of families.

 Why Salem Five: We’ve been around since 1855 – which means we will be around a lot longer – but we also know what it takes to be competitive in this day and age.  We pride ourselves in being one of the first banks on the internet and continually try and push ourselves to offer the latest in online and mobile banking to serve our customers in whichever channel they prefer. Whether it be a virtual assistant via our website, obtaining cash at ATMs without a card present, or going through the mortgage process via our digital app, we want to offer the digital experiences that customers want. Continued company growth offers opportunities for individual growth.

Salem Five believes deeply in supporting the communities in which we reside. Donations through our Charitable Foundation or events at the branch or location-level are an important part of our DNA. We would not be the company we are without our commitment to businesses and organizations that help the region thrive and to our employees. Come see what we’re all about.

EDUCATION and/or EXPERIENCE:

Bachelor's degree (B. A.) from four-year college or university and/or 8 to 10 years’ related experience and/or training; or equivalent combination of education and experience. 

CERTIFICATES, LICENSES, REGISTRATIONS

Registration with the FINRA, SEC and State Life, Accident, and Health Insurance (of Mass.) licenses including Series 7, 66 (or 63, 65) are optional.  CFP Preferred.  Valid Driver’s License.

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear.  The employee is occasionally required to stand; walk; reach with hands and arms; stoop, kneel, crouch, or crawl; and taste or smell.  The employee must occasionally lift and/or move up to 10 pounds.  Specific vision abilities required by this job include close vision.

Benefits/Incentives:  Health Insurance, Dental, Vision, Flexible Spending Account, Health Savings Account, 401k Matching, Tuition Reimbursement, Employee Referral Program, Summer Family Outing, Annual Holiday Reception and more 

Salary Range:            Competitive Base  

Ready to apply? If this job sounds like a fit for you, then click on Apply/Apply Now in this posting. We look forward to talking with you.