Job Information
Thrivent Financial Licensed Client Service Administrator in Cottage Grove, Minnesota
Our mission is to empower the clients we serve to live exceptional lives in alignment with their values and goals through uncompromising integrity, genuine trust, and personalized advice.
Gratitude / Kindness / Generosity / Wisdom / Integrity / Humility
The Myers is an independent financial services practice of Thrivent Financial with offices in Eden Prairie, MN and Cottage Grove, MN. We are a family-style practice focused on values-based advice, helping clients live abundantly within their means, make a productive impact in their communities, and invest for positive change in the world.
Position Summary: This full-time, in-person position provides analytic & operational support for our asset management business, ranging from investment proposals, application & service paperwork, client portfolio analytics, and trade execution. This role is expected to have some degree of client interaction and requires a friendly and congenial personality. Daily duties will vary, and candidate should have a demonstrated ability to self-manage and prioritize on the fly. This role is a direct support to the chief investment officer, and assists daily operations of the practice, including, but not limited to: preparing forms, drafting investment proposals and portfolio recommendations, executing trades, gathering information from clients and prospects, providing investment commentary to advisors, and assisting in routine periodic investment research and analytics.
Salary Range: $65,000-85,000
Annual Bonus: Up to 10% based on individual & team performance
Benefits: Health Savings Account, SIMPLE retirement savings plan, Paid Time Off
This position will sit out of Cottage Grove, MN.
Position Roles/Responsibilities/Accountabilities
Assist Lead Advisors with preparation and follow up for client meetings
Ensure all post meeting follow-up tasks, meeting notes, and next steps are properly documented and actioned on
Research products, product pricing and contacting carriers for information
Answer basic questions for clients
Fill out necessary forms for opening or maintaining accounts and complete applications to the point of signature for advisors to finalize and approve
Set up and retrieve reports in the portfolio management system
Provides fund values and answers other securities (including, if appropriately licensed, variable insurance and annuities) product-related questions and/or questions related to investment advisory services
Collaborate with financial associates to assist customer/member to purchase, sell, hold or exchange securities products
Verbal or written communications with prospective or existing customers regarding financial matters
Conducting substantive research or information gathering that will be used with making securities product recommendations or providing investment advice (e.g. conducting due diligence, etc.)
Obtaining customer financial and/or suitability information
Accepting and/or entering securities trade orders from customers, including unsolicited trade orders
Support questions and transactions with variable insurance and annuities products, if appropriately licensed
Conduct comparative analysis of prospect’s portfolio against proprietary model allocations
Work with advisors and staff to tailor investment solutions to client needs
Facilitate timely and accurate execution of trades
Implement model portfolio changes across client accounts
Administer periodic investment and distribution plans
Additional responsibilities may be assigned in accordance with licensure and business needs
Manually enter information provided by the FA into electronic application systems and email, lock sign or submit.
Note CANNOT be listed as the servicing representative AND need to note their FA is selling agent within the rep questionnaire.
Position Qualifications
Securities or insurance industry experience preferred
Must be securities registered (series 7/63, 7/63/65 or 7/66).
Must be insurance licensed/appointed
Must be securities registered and insurance licensed/appointed in all states in which they are performing activities requiring licensing and registration
Must be willing to complete the appropriate Long Term Care training required in the states in which support work would be conducted
If work on variable insurance or annuities is conducted, must be appropriately licensed/appointed and registered for variable products
Strong technical computer aptitude and knowledge of business tools (e.g., Microsoft Word, Excel, PowerPoint) or ability to learn
Ability to handle multiple tasks and maintain a high quality of work while experiencing frequent interruptions
Ability to maintain integrity of sensitive/confidential information
Basic understanding of our products, services, and Thrivent Financial
Competencies
Familiarity with Modern Portfolio Theory
Prior experience with Morningstar, Money Guide Pro, or comparable software preferred
Strong technical computer aptitude and knowledge of business tools (e.g., Microsoft Word, Excel, PowerPoint).
Visual Basic/Excel macro programming experience preferred
Strong communication skills (written & verbal)
Ability to multi-task and prioritize
Effective and efficient time management
Self-motivated
External/Internal Dependencies
Must be able to work with all roles of the team
Must be able to represent the organization in work with external clients
Coordinate investment strategy implementation with advisors and paraplanners.
Stay updated on investment strategies through webinars and appointments with investment firm representatives.
Must be able to cultivate and maintain relationships with clients, and their professional support team (advisors, accountants, attorneys, etc).
As part of The Myers' recruiting/hiring/contracting process, a verification of a candidate's background will be made to complete the process. Fingerprints will be required as part of FINRA registration process for submission to the Federal Bureau of Investigation for review against nationwide fingerprint records. All persons with securities registrations are subject to TIMI’s Outside Securities Accounts Policy which requires all outside brokerage accounts to be maintained at one of the firms designated by TIMI.
Pay Transparency
Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex , gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state , or federal law. This policy applies to all employees and job applicants.
Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation , please let us know by sending an email to human.resources@thrivent.com or call 800-847-4836 and request Human Resources.
At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given. At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our customers. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow.
For over 100 years, Thrivent has been helping people build their financial futures and live more generous lives. Today, it’s a Fortune 500 company that offers a full range of expert financial solutions, serving more than 2 million customers, as well as the communities in which they live and work.
Thrivent fosters a diverse workforce to serve our diverse clientele, reflecting a wide range of backgrounds and experiences. If you’re intrigued about our work and the possibility of becoming part of it, we invite you to visit Thrivent.com to learn more. You won’t just build a career; you’ll be part of an organization focused on growing, innovating, and serving.