Position Title: Business Development Consultant
Reports to: Senior Vice President
Department: Simplicity Wealth
Location: 3600 American Blvd. Suite 700 Bloomington, MN 55431 (in office)
Classification: Full-time / Exempt
Summary / Job Objective: The Business Development Consultant is responsible for providing wealth management support to the Simplicity Partner Offices. This position focuses on delivering education, support, presentations, investment expertise, and consultative services, to drive the growth of new business for Simplicity Wealth. BDCs are responsible for expanding the advisor base by establishing a good rapport with Simplicity Consultants, existing Simplicity Advisors, and prospective Simplicity Clients utilizing professional phone and virtual presentation skills. The desire and drive to succeed in a competitive financial services setting is imperative.
Primary Responsibilities:
ยท Collaborate with Simplicity Partner Offices to identify and engage prospective wealth advisors
ยท Educate financial advisors on Simplicity Wealth solutions and product offerings
ยท Become platform expert on product offerings, services, and resources available
ยท Conduct outbound calls and virtual presentations to new financial advisor affiliations
ยท Actively recruit financial advisors to join Simplicity Wealth
ยท Self-develop with industry and product knowledge to remain current with trends and products
ยท Recruit financial advisors to participate in Simplicity Wealth events
ยท Keep abreast of the competition and changes in the economy and financial markets
ยท Understand and adhere to the Vision, Mission, and Values of Simplicity
ยท Represent Simplicity in a professional manner at all times
Qualifications:
ยท At least five years of successful sales experience
ยท At least three years of investment or insurance experience
ยท Some travel may be required
ยท College Degree Preferred or Equivalent Work Experience
ยท Series 6, 63, 65, 66, or 7 preferred but not required
ยท Advanced Designation preferred but not required
Core Competencies:
ยท Creative mindset for developing innovative solutions
ยท Ability to discover, qualify, and close business
ยท Strong discipline to overcome prospect reluctance
ยท A learnerโs mentality with a growth mindset
ยท Highly effective organization and ability to set priorities
ยท Outgoing, people oriented, and highly collaborative
ยท Effective listening and verbal reasoning skills
ยท Sufficient vocabulary to communicate effectively under stressful situations
Compensation & Benefits:
Compensation (based on experience)
ยท Annual base salary: $80-90K
ยท This is a full-time/exempt position
ยท Annual performance bonus target: 15%
ยท Team performance bonus: On discretion
Benefits
ยท Employee benefits (medical, dental, vision, life insurance, other)
ยท 401k with employer match
ยท Paid Time Off
Location: 3600 American Blvd. Suite 700 Bloomington, MN 55431 OR 900 Circle 75 Parkway, Atlanta, GA 30339ย / this role is an in-office position
Headquartered in Summit, New Jersey, Simplicity Financial Marketing Group Holdings (โSimplicity Groupโ) is a financial holding company in the independent financial services sector that specializes in the distribution of retirement and financial planning solutions. Simplicity Group and its wholly-owned Broker-Dealer, partners with insurance and investment professionals to help provide consumers with guaranteed income and life insurance products, wealth accumulation strategies, disability, and long-term care protection in support of a holistic financial strategy.
Through its vast distribution network of insurance, wealth, and institutional channels, Simplicity Group has assisted with the placement of more than $10 billion of insurance assets and has $10 billion of assets under management and advisement as of Q4 2024. Simplicity Group is a fast-growing business, focused on organic growth initiatives to help its distribution partners expand their businesses. Simplicity Group has over 1,200 employees and 90 operating subsidiaries. Simplicity Group is owned by two of the leading San Francisco-based financial and tech-enabled services private equity firms and by its operating Partners, who help drive the companyโs day-to-day business.
For more information, please visit simplicitygroup.com.