What are the responsibilities and job description for the Financial Representative (Training Included) Career Changers Encouraged | Fast-Track to CFP position at Northwestern Mutual?
Location: Philadelphia, PA (1818 Market St)
Type: Full-time | Performance-Based (Commission & Bonuses)
At Northwestern Mutual Philadelphia, we don't just hire employees; we develop owners. We are looking for driven professionals ready to transition into the world of sophisticated financial planning. This is an Apprenticeship-to-Partner model designed to give you the infrastructure of a Fortune 500 powerhouse with the autonomy of an entrepreneur.
The "Joint-Work" Apprenticeship
We recognize that the transition to a performance-based role requires elite mentorship. In this program, you aren't left on an island. You will:
Partner with Tenured Advisors: For your first 12 months, you will work joint-cases with senior partners, learning "the craft" while sharing in the revenue.
Fully Sponsored Licensing: We bridge the gap by sponsoring your Series 6, 7, 63, and Life/Health licenses.
Fast-Track to CFP®: We provide full financial support and a roadmap for your CFP®, CLU®, and ChFC® designations.
Who You Are (The "Winner" Profile)
This role is specifically for individuals who prefer to bet on themselves. You have a track record of success--whether in competitive athletics, high-stakes sales, or corporate leadership--and you possess:
Grit & Discipline: You thrive in competitive environments and have the "motor" to build a business from the ground up.
Interpersonal Intelligence: You can command a room, build deep trust quickly, and simplify complex financial problems.
The "Owner" Mindset: You aren't looking for a safety net; you’re looking for a platform where your income is capped only by your own activity and talent.
What You Will Do
Build Your Book: Identify and cultivate high-net-worth relationships to build a sustainable, transferable practice.
Holistic Planning: Create customized financial roadmaps involving investment, retirement, and risk management strategies.
Lead: Transition into a leadership or specialist role within 2–3 years as you grow your team.
Compensation & Benefits
This career is primarily commission based and includes stipends and bonuses. It allows you to control what you would want to earn at any given time in your career. To give you an idea, our financial professionals are making on average:
Average vs Top 25%
Year 1 | $75,000- $110,000
Year 3 | $103,000 - $202,000
Year 5 | $139,000 - $289,000
Year 10 | $332,000 - $490,000
Year 15 | $341,000 - $790,000
Residual Income: Build a recurring revenue stream that pays you for the life of your client relationships.
Full Benefits: Medical, Dental, Vision, Retirement Plan, and Expense Allowances.
Why join Northwestern Mutual:
#90, Fortune 100 company (2022)
Forbes' Best Employers for Diversity (2018-2022)
Top 10 US Independent Broker-Dealers1
#1 Amongst Life Insurers Most Admired Companies2 for Financial Soundness
Best Place to Work for LGBTQ Equality- Human Rights Campaign Corporate Equality Index (2015-2022)
$224 billion3 (retail investment client assets held or managed)
FORTUNE 2023 Worlds Most Admired companies
1 Ranking for Northwestern Mutual Investment Services, LLC. Sources: Financial Advisor magazine and InvestmentNews, April 2022.
2 To determine the best-regarded companies in more than 50 industries, FORTUNE asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria. Details at fortune.com
3 Combined client assets of NMIS and NMWMC as of June 30, 2021
Requirements
Bachelor’s degree (Preferred).
Proven history of professional achievement.
US Work Authorization (Required).
Job Types: Full-time, Contract
Projected Total Compensation: $90,000.00 - $300,000.00 per year
Benefits:
- Dental insurance
- Flexible schedule
- Health insurance
- Health savings account
- Paid training
- Parental leave
- Professional development assistance
- Retirement plan
- Tuition reimbursement
- Vision insurance
Education:
- Bachelor's (Required)
Location:
- Philadelphia, PA 19103 (Preferred)
Work Location: Hybrid remote in Philadelphia, PA 19103
Salary : $75,000 - $110,000