In-Market Internal Advisor Consultant (Colorado)

$70,000 - $75,000/Yr

New York Life - Alexandria, MN

Full-time - Entry Level

Remote - Alexandria, MN

Insurance Carriers and Related Activities

About the position

The Internal Advisor Consultant at New York Life Investments plays a crucial role in supporting sales distribution efforts by collaborating with External Advisor Consultants. This position focuses on developing and executing business plans and sales strategies to enhance client relationships and identify new business opportunities within assigned territories. The role requires a strong understanding of investment strategies, exceptional communication skills, and the ability to manage multiple tasks effectively.

Responsibilities

• Maintain a highly functioning home office environment with limited technology disruption.
• Manage territory with external partner to meet or exceed goals.
• Conduct consultative, relationship-building sales calls via telephone with financial advisors and other licensed professionals.
• Develop and execute sales plan strategies with members of both external & internal sales teams.
• Articulate Mutual fund & ETF objectives while processing strong capital markets knowledge.
• Identify sales opportunities and advisor needs, cross-sell ideas and introduce new concepts.
• Develop asset allocation strategies based on client objectives and risk tolerances.
• Handle daily territory management tasks to ensure maximum business efficiency, including updating and maintaining the CRM system.
• Generate hypothetical/proposals for advisors for MainStay Mutual Funds, ETFs, and SMA accounts.
• Assist with the planning and overall coordination of conferences/seminars/plan participant meetings.

Requirements

• FINRA Series 7 and 63 required.
• Bachelor's degree required - Finance/Business major.
• Proof of residential history in specific territory and ability to continue residing in specified geographical location required.
• Internal Wholesaling experience in this specific territory required.
• Understanding of the financial/capital markets; mutual funds, ETFs, and SMAs.
• Fluent in Spanish for effective communication with clients and stakeholders.

Nice-to-haves

• Prior experience with offshore business operations is preferred.

Benefits

• Comprehensive benefits package including leave programs, adoption assistance, and student loan repayment programs.
• Annual discretionary bonus eligibility.
• Participation in an incentive program.