Job Information
Thrivent Financial Support Advisor- Parallel 45 Associates in Keizer, Oregon
Organization/Business Overview:
The sponsoring financial advisor is an independent financial services practice of Thrivent Financial for Lutherans. We take a broad-based approach to helping our members/customers achieve multiple financial goals. The sponsoring financial advisor helps our members analyze their current situation, develop in-depth financial programs, and help them implement an integrated financial strategy.
Thrivent is a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. As the nation's largest fraternal benefit society, we're here solely to help others. We help every day through the financial solutions we offer, the member activities we support, and the resources we provide to the Lutheran community and nonprofit organizations. Thrivent Investment Management Inc. is a FINRA and SIPC member and a wholly owned subsidiary of Thrivent Financial for Lutherans.
Position summary:
This position provides licensed financial and non-financial support to The sponsoring financial advisor and will serve as a resource to Thrivent Financial for Lutherans Financial Advisors. Individuals in this position will be focused on securities and investment advisory products and services as well as fixed and variable life, health, and annuities products and together with the financial Advisors (products offered and advice given depends on level of licensure), serve the financial and non-financial needs of Thrivent members, customers, and their families. Responsibilities may include working with a financial representative to develop and implement business and marketing plans to acquire, cultivate, and retain members, prospecting and marketing, case and proposal preparation, referral generation, and building a sense of “community” with and among members and prospects. The Associate reports to and is employed/contracted by the financial representative. Thrivent Investment Management Inc. is the sponsor for FINRA registration and Thrivent Financial for Lutherans is the sponsor for insurance licensure.
Position Roles/Responsibilities/Accountabilities
Handle sensitive communications with members/customers, which may include highly confidential information and effectively respond through verbal and written communications to ensure a high level of customer satisfaction
Facilitate and/or co-present product specific seminars and/or workshops as necessary
Identify criteria for fund selection and track against indexes, specifically for WRAP accounts
Participate in business planning for the Practice as needed
Counsel and advise prospective and current members/customers on suitable financial products and investment advisory services
Open and complete product applications
Conducting substantive research or information gathering that will be used with making suitable securities product recommendations or providing appropriate investment advice (e.g. conducting due diligence, etc.)
Obtain member/customer financial and/or suitability information
Accepting and/or entering securities trade orders from customers, including unsolicited trade orders
Explain, discuss or interpret insurance coverage; analyze exposures or policies; provide recommendations
Issue certificates of insurance, endorsements, binders, commitments, or insurance contracts
Assist financial representatives in the preparation and follow up for the member/customer meetings
Collaborate with financial representatives to assist client with product changes
Participate and drive marketing services including direct-mail, fraternal activities, seminars, meetings
Parallel 45 Associates Specific Tasks
Quarterly Reviews
Participate in In-person managed account annual reviews (MAAR) with Rep of Record
Conduct quarterly phone/zoom reviews with Advisor clients.
Input notes in SF
Stay informed of economic factors influencing portfolio changes.
Be cognizant of business/service opportunities.
Schedule quarterly reviews with Advisor clients
Complete Applications for new Advisor Accounts
- Track money movement rollovers/transfers/initial contributions
Account Service
Process RMDS
Ensure all RMDs are met each year for all managed accounts.
Complete account maintenance tasks
Householding accounts
Assisting clients with distribution requests
Process Death Claims
Update bank information
Change/update beneficiaries
Assist in QCDs, conversions, withdrawals
Assist clients with tax forms
Attend Team Functions
Annual & mid year retreats
Business Development Conference
Market Updates
Community Events (Yard Sale Pit Stop, Keizer Community Dinner..)
Team Assistance
- Other duties as assigned- All team positions have a variety of tasks with some that overlap. It is expected that each member be willing to assist other positions if needed.
Position Qualifications
Associates can be fully licensed, securities licensed, or insurance licensed. Depending on role, the associate must be:
Securities registered (series 7 & 66 or 6 & 63) or be willing to do so within 120 days of hire/contract.
Appropriately insurance licensed/appointed for sale of all life/health and variable products
Must be securities registered/insurance licensed/appointed in all states in which the candidate will be doing support work for t he sponsoring financial advisor. Must be willing to complete appropriate state training in order to sell Long Term Care if this is determined to be a part of the position or support needs on the sponsoring financial representative.
Demonstrated customer service orientation/experience, 2+ years preferred
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 t he sponsoring financial advisor o ur products and services, and Thrivent Financial
Previous administrative/secretarial experience desired
Competencies
Planning/Organizing
Analytical thinker
Customer Focus
Communication
Interpersonal Skills
Teamwork and Collaboration
Adaptability/Flexibility
External/Internal Dependencies
Must be able to work with all roles of the sponsoring financial advisor
Must be able to represent the organization in work with external clients
Must be able to cultivate and maintain relationships with outside organizations
Hours
Model week
The Support Advisor position is a full-time position. We have structured the base compensation on a 40-hour work week, Monday through Friday, 9:00 to 5:00. These hours will need to be flexible as we often meet with clients in the evenings to accommodate their schedules. If daily hours extend into the evening, they can be deducted from Friday for a partial day.
The Support Advisor position will be an “in office” position. After 12 to 18 months, we can discuss the possibility of occasional remote hours once the position has been solidified, training completed, and performance is meeting expectations. Culture is a high value with our team. Because of that we are intentional with being together in the office to both maintain and strengthen the relationships with our teammates.
If outlined tasks are completed with hours to spare within the work week, it would be expected that the Support Advisor would help teammates with other tasks.
Pre-Hire Requirements
Complete background check and requirements with Thrivent.
Pass series 66, SIE, Series 7 top-off, and Life Health & Annuity exams.
Conduct 6 market surveys.
Base Compensation
Starting compensation for the Support Advisor position will be $50,000 salary per year, paid as 1099.
As part of Parallel 45 Associates’ 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.
