What are the responsibilities and job description for the VP Private Client Group - Rochester position at CNI Consulting Inc.?
Regional Vice President of Sales
Our client, a highly respected fee-only portfolio management and fiduciary firm with over $200 billion in assets under management, is looking for qualified financial professionals to join their firm as a Regional Vice President of Sales. As a Regional Vice President of Sales, you will be in a lucrative 100% sales-focused role without having to focus on service requirements—you will be provided qualified lead flow to eliminate cold calling, to put our client’s high-net-worth clientele first.
ABOUT THE ROLE
- Manage your business remotely from home to cover a local territory within driving distance, to present our client’s wealth management solutions to high-net-worth prospects—you will be provided an expense account by our client, with all home office and travel expenses covered, which includes a computer, phone, scanner, printer, and any other essential expenses needed
- Call and close qualified leads of high-net-worth prospects that have expressed interest in investing with our client, who have assets of $500k or more to invest
- Meet with prospects to evaluate their personal situation and provide solutions, as well as educate prospective clients on the firm’s services
- Assist qualified consumers to become the firm’s clients—you will be supported by an internal dedicated portfolio management and service team in-office, comprised of sales support, client service, and marketing team, which actively markets their services via direct mail, internet, television advertisements, and other mediums to receive pre-qualified responses from interested investors who want to discuss moving over their investment portfolios
- Report to the Director of Private Client Group Sales, who will provide the required resources you need to be successful within the sales process
Requirements
- 5 to 7 years or more of selling to stock market investors within the financial industry
- Current Investment Advisor Representative designation, OR Series 65, OR a combination of FINRA Series 7 and Series 66, OR qualifying financial professional designations or equivalents
- Extensive experience with bringing in new investor business, high-volume phone activity, and in-person meetings, working as an investment advisor or external wholesaler with a strong track record of success in sales and bringing in new investment assets
- Record of six-figure earnings in each of the past 3 years (pay for production compensation model)
Benefits
- Commission/variable pay-based position--$100,000 base salary to start with a gradual step-down decline to $0, plus uncapped commission that will increase substantially with commissions on any new sale for years to come; compensation includes a percentage of estimated first year’s management fees plus trailers for new business closed, with an average total compensation of $300,000 to $350,000, and top producers earning $1 million or more
- 100% paid medical, dental, and vision premiums for you and qualifying dependents
- A 50% 401(k) match, up to the IRS maximum
- Family Support programs, including 8 weeks Paid Primary Caregiver leave, adoption assistance, and back-up childcare
OUR CLIENT IS AN EQUAL OPPORTUNITY EMPLOYER
Salary : $100,000 - $350,000