What are the responsibilities and job description for the Business Development Executive position at Stevens Foster Financial Advisors?
About Stevens Foster
Stevens Foster Financial Advisors is a Bloomington-based wealth management firm offering comprehensive financial planning, investment, and tax services to high-net-worth individuals and corporate executives. Since 1988, we’ve built our reputation on delivering thoughtful, integrated advice that helps clients manage complex financial lives.
The Opportunity
We’re seeking a Business Development Executive to lead new client growth and strengthen referral relationships across the Twin Cities region. This position combines strategic outreach, relationship management, and marketing collaboration to help expand Stevens Foster’s reach among high-net-worth families and corporate executives.
You’ll focus exclusively on business development—not ongoing client management—partnering with our financial advisors and planners to ensure a seamless handoff and exceptional client experience.
Key Responsibilities
- Develop and execute a business development plan targeting executives, business owners, and high-net-worth families.
- Build and maintain referral partnerships with attorneys, accountants, and other centers of influence.
- Collaborate with marketing to design and implement outreach campaigns and client events.
- Identify, qualify, and engage new prospective clients through networking and relationship-based strategies.
- Partner with Client Account Managers and advisors to transition new clients into long-term relationships.
- Track outreach and conversion metrics in CRM and report activity to firm leadership.
- Represent Stevens Foster at professional, community, and philanthropic events.
Qualifications
- 7 years of experience in business development, marketing, or relationship management within wealth management, private banking, or another high-trust professional services environment.
- Proven track record of generating new business and developing referral networks.
- Deep understanding of financial services and the needs of executive or high-net-worth clients.
- Established professional presence and network in the Twin Cities area preferred.
- Excellent interpersonal, communication, and presentation skills.
- Highly self-motivated, organized, and comfortable working independently.
Compensation & Benefits
This role offers a competitive total rewards package designed to support your well-being, professional growth, and long-term stability. The position includes a strong base compensation paired with a performance-based incentive opportunity tied to new-client acquisition and revenue growth. It is not a commission-only structure.
Benefits include comprehensive medical, dental, and vision coverage; a 401(k) with employer match; an HSA with employer contribution; paid parental and family leave; generous PTO and holidays; and ongoing continuing-education and professional-development support.
Why Join Stevens Foster
This is a rare opportunity to drive growth for an established, highly regarded wealth management firm without the pressure of managing a personal book of clients. You’ll represent a team that integrates tax, planning, and investment expertise to deliver a seamless experience—and your success will help more families and executives discover that value.