Financial Advisor

CALIBER

Financial Advisor Job Description

Caliber Culture:  

At Caliber, we make the complex simple. Our advisors guide clients in managing their personal or small business finances through thoughtful conversations, meaningful connections, and top-of-industry management and strategies. We believe that everyone has a personal definition of wealth, and our first responsibility is to discover what it means to them. Through skillful guidance and an unwavering commitment, we navigate the journey alongside each client to ensure a 5-star relationship for the lifetime of their Caliber experience.

Caliber’s culture blends genuine care, teamwork, and meaningful connections between teammates into a vibrant and supportive work environment. We celebrate resilience and collaboration, both personal and professional milestones, and support each other during challenging times. These acts embody our spirit of synergy and camaraderie. Together, we cultivate a powerful work environment that prioritizes personal well-being, career vision, and balance between work and life, allowing our team to be well, live well, and best serve our family of clients.

Non-Owner Advisor Compensation:

• Compensation Range: $55K - $200K
• Minimum base salary of $55K up to 2 years
• Once 30% of production surpasses base salary or after 2 years, whichever comes first, the base salary guarantee goes away and annual salary is based on 30% of gross production
• Note: all advisors, regardless of partnership status and production levels, receive 30% of gross production after the first two years of Caliber employment or when 30 % of their production surpasses base salary, whichever happens first
• T12 Production is evaluated every 4^th quarter to determine compensation for the upcoming year
• PTO: 10 days
• Company Holidays: 10
• Sick Days: 5 Days
• Medical: $300/month insurance credit (applies only to employees enrolled in Caliber’s group health plan)

401K: 401K match is 100% up to 4% of salary (starts after 90 days)

• Marketing Allowance: $2500/year …spending must be approved by Director of Advisor Team
• Work From Home: 4 days per month
• Other: company-paid office, tech, E&O, licensing, approved continuing ed, client service management and general admin support, etc.

First Year @ Caliber - Minimum Objectives:

·      2 new households per quarter

·      95% retention

·      4MILL in NNA annually (expected to be on pace by end of year 2)

·      Participate fully in 5 client events per year…great events to invite prospects to

·      10 meetings per week (intro, service, COI combined). Conduct 80% of targeted service meetings based on client segmentation

·      Same day response to new leads and several weekly follow ups tracked before turning lead back over to marketing department

·      Daily CRM tracking

Profits Interest Ownership:

Performance needed to become eligible for profits interest consideration by partners:

·      At least 3 new households per quarter

·      97% retention

·      Service 50MILL AUM

·      $6MILL annually in NNA, $400K annually in production

·      Office at Caliber 4 days per week

·      Utilize all Caliber systems

·      Participate fully in marketing events and activities

·      Participate in 1:1 and team meetings

·      Help with 1 or 2 special projects each year (i.e Big Rock, team initiatives, etc)

·      Work closely with the Portfolio Management Team to understand the Caliber investment philosophy and ensure that clients are provided with the best investment solutions

·      Provide a high level of service to clients in alignment with the Caliber client service model

Regular Responsibilities:

• Career mapping, goal setting, and plan making with Director of Advisor Team
• 1:1 Leadership Development Meetings 2 x mo: Teaching, Encouragement, Accountability
• Team Meetings 1 x mo: Production, Management, Marketing
• Consistently track and report production performance metrics
• Retain historical records by using a centralized filing and retrieval system to keep past and current records easily accessible
• Cultivate and establish several networks relatable to you
• Communicate production activity, results, changes, and hurdles at regular intervals to keep company appropriately informed

Recurring Meetings for Production Manager:

• Weekly Caliber Team Meeting
• Bi-weekly 1:1 with Director of Advisor Team
• 1 x month Advisor Team meeting
• Quarterly Company Meeting