We are a boutique financial advisory firm in San Francisco. When you join our team, you will be an integral member of a highly respected advisory firm that has been serving clients across the U.S. for over 30 years. We are deeply committed to partnering with our clients on their journey to financial independence, and our entire team derives enormous satisfaction from the ways in which our work enriches our clients' lives. At the same time, we are equally committed to nurturing and developing our employees, and we foster a collegial atmosphere where smart people work really hard, but also enjoy warm and caring relationships.
We are seeking a focused, smart human being to come into our firm as a Personal CFO Associate. It is a critically important role on the advisory team. You support the firm’s Personal CFOs. Most of the day-to-day responsibilities are detailed below. You’ll be on the front lines of client financial lives. You must have attained or be pursuing your CFP designation.
Summary of the key responsibilities of the position:
Execute meeting preparation requirements for client Comprehensive Financial Reviews . Participate in reviews and document client financial concerns, issues and goals as well as address action items resulting from financial review under the direction of the Personal CFO.
Maintain for each client relationship all ‘Profiles’ (e.g., Personal, Professional, Financial Position, Protection, Retirement, Tax, Estate, et al.) within the firm’s proprietary CRM.
Prepare proposal illustrations specific to protection planning solutions—disability, health, life, and long-term care insurance.
Maintain, in collaboration with Personal CFOs, a ‘select list’ for disability, health, life, and long-term care insurance solutions.
Prepare Investment Policy Statements (IPS) in collaboration with Portfolio Administrator.
Actively monitor in collaboration with Client Administrator CRM ‘Open Activities’ specific to advice development, presentation, and implementation. Present ‘past due’ or priority conflicts to Personal CFO.
Maintain for each client relationship a clear and concise ‘Activity History’.
Construct and maintain workflow process (e.g., preparation steps for Client Financial Review in firm’s proprietary CRM).
Manage client financial documentation storage solution in accordance with compliance requirements.
Administer ongoing process for monitoring client progress toward achievement of financial goals.
Proactively advocate and manage the effectiveness and efficiency of the firm’s financial planning process (i.e., financial analysis software, financial solution presentation reports, and investment policy statements).
Identify process inefficiencies in the development, design and documentation of comprehensive financial advice delivered either through a new client presentation of a comprehensive personal financial plan or as part of an ongoing client financial advisory relationship. Develop efficiency solutions for presentation to General Manager.
Identify optimal financial planning software integration and utilization in the development of comprehensive personal financial plans and monitoring of client progress toward achievement of financial goals. Present optimization solutions to General Manager.
Promote the effective and efficient utilization of financial plan design and financial review processes and technology adopted by the firm.
Promote the optimal application of systems and technology across functions and teams.
Promote continuing enhancements to the graphic presentation of financial advice.
Actively monitor and research financial product and technology developments specific to the financial advisory profession to support appropriate client advice strategies and business process optimization.
Actively pursue continuing education opportunities that promote and reinforce ‘quality of advice’ and ‘quality of firm’ best practices.
Promote individual and team adherence to compliance policies and procedures.
Adhere to the firm’s cultural values, ethical standards, and professional competencies.
Required qualifications for this role include:
Bachelor's degree in Finance, Accounting, Economics or Marketing
Must have or be pursuing the CFP designation
2-3 years of financial planning industry experience
Understanding of FINRA, NASD, and SEC Rules and Regulation
Analytical and research skills
Strong computer skills
Demonstrated customer service experience
Additional Salary Information: Working as a key member of our advice team, you will enjoy company benefits that include paid vacation, health care, disability insurance, retirement plan and profit sharing, paid professional dues and the opportunity for performance-based incentive compensation.
About YellowBrickRoad Financial Advisors
YellowBrickRoad Financial Advisors was founded in 2003 by John S. Ohmer, CFP®. We are an independent, fee-based financial planning firm registered with the Securities and Exchange Commission. We are not tethered to a bank, brokerage firm, or mutual fund company, and we don’t earn commissions from the transactions we implement in our clients' investment portfolio. Our financial advice is objective, transparent, unbiased, and is based on the economic return potential to our clients.