Associate Wealth Advisor

WHO ARE WE: Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth, we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets.

CORE VALUES: Passion for Excellence :: Success is Never Final :: Do the Right Thing :: One Alerus

ABOUT THE ROLE:
The Associate Wealth Advisor supports Senior Wealth Advisors in delivering comprehensive financial planning and investment management services to clients as part of an interdisciplinary team. This role is ideal for professionals pursuing or holding the CFP designation and looking to grow into a Senior Advisor role. You'll work closely with clients and colleagues, manage mass affluent client relationships, help prepare financial plans and ensure a seamless client experience.

AIFS professionals offer fiduciary investment and trust services through Alerus Financial, N.A. (Alerus). AIFS representatives may also offer investment and insurance products through Osaic Institutions, Inc., member FINRA/SIPC. Alerus and Osaic Institutions are not affiliated. Products offered through AIFS and/or Osaic Institutions are not FDIC insured, not bank guaranteed, not deposits, and may lose value.

WHAT YOU'LL BE DOING:

Client Relationship Support:

• Support Senior Advisors by assisting in the management of client relationships and by preparing for and participating in client meetings.
• Actively prospect and manage mass affluent client relationships to build an advisory book of business.
• Follow up on client action items and ensure timely execution of deliverables.
• Serve as a secondary point of contact for client inquiries and service needs.

Financial Planning & Analysis:

• Offer fiduciary advice based upon the CFP Board Code of Ethics.
• Prepare and update financial plans using eMoney.
• Stay current on contribution limits, tax planning strategies, and other financial planning topics.
• Analyze client data to support recommendations in areas such as retirement, tax, estate, and insurance planning.
• Collaborate with Senior Advisors to develop and present financial planning strategies.

Investment Support:

• Assist in portfolio reviews, rebalancing, asset allocation and performance reporting.
• Monitor client portfolios and flag opportunities for improvement.

Operational & Administrative Tasks:

• Support onboarding of new clients, including paperwork, custodial coordination, and data entry.
• Maintain accurate records in Salesforce, Nautilus and financial planning systems.
• Assist with compliance documentation and internal reporting.

Team Collaboration & Development:

• Work closely with Alerus Wealth team members and other partners across the enterprise.
• Participate in internal training and development programs.
• Contribute to process improvements and firm-wide initiatives.

WHAT YOU SHOULD HAVE:

• Bachelor's degree in Finance, Economics, or related field.
• FINRA SIE, Series 7, 65/66 required within 6 months of hire.
• CFP certification preferred or in progress.
• 2-5 years of experience in financial planning or wealth management.
• Strong analytical, organizational, and communication skills.
• Proficiency in eMoney financial planning software, SEI Wealth Platform, Osaic and Microsoft Excel.
• Client-first mindset with a high level of professionalism.
• Eagerness to grow into a lead advisor role.
• Team-oriented with a collaborative spirit.
• Tech-savvy and adaptable to evolving tools and systems.

WHAT WE BRING TO THE TABLE:

• Competitive compensation including base salary, bonus and/or incentive opportunities.
• Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance; and 401(k) and ESOP for retirement savings.
• Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave.
• Learning and development resources for personal and professional career development, and advancement opportunities.
• Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services.
• Support for the communities we live in through paid volunteer time and a company donation match opportunity.

WORK ENVIRONMENT: Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally, the employee must occasionally lift or move supplies and materials up to 20 pounds.

The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties, and qualifications required of employees assigned to this job.

Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.