Our strengths, combined with the collective strengths of our advisors, provide powerful momentum to meet the next generation of challenges and opportunities.
Location: 10 Exchange Place, Suite 1410, Jersey City, NJ 07302
The Associate Recruiter focuses on recruiting independent financial professionals (broker dealers) to a long-term relationship with Royal Alliance Associates (RAA), a member of Advisor Group. This role is focused in 3 primary channels: leveraging a strong recruiting culture and process; assisting efforts led by SVP Recruiting and team; and working with existing Branch Managers (RAA/OSJ) with their recruiting and onboarding efforts which showcase the value of Royal Alliance.
This position will spend approximately 75% of the time in recruitment activities focused on recruitment of financial advisors (broker dealers) to RAA and 25% in onboarding support work. We are looking for dynamic individuals who want to learn and grow with us that are passionate about customer focus and the financial services industry.
Associate Recruiter Responsibilities
Day to day tasks associated with recruitment of financial advisors (client relationship management)
Establish front-facing relationship with high profile recruits who have shown an interest in the firm – proactive outreach and open dialogue
Prospects and qualifies potential OSJ / Branch Manager quality recruits
Improves processes and develops creative solutions for prospecting, developing, and closing OSJs / Registered Representatives
Responsibilities for business development activities related to recruitment of new advisors to the firm
Evaluates potential OSJ’s business practices for profitability, risk and sustainability
Consults with existing OSJ’s / Branch Managers to identify and implement branch recruiting strategies to drive growth of affiliated offices
Initiates review of recruit’s FINRA and credit history and conducts proper due diligence on recruit or firm
Reviews recruit contracts and B/D privacy policies for restrictions; determine if representative is subject to non-compete or non-solicitation agreements. Review all outside business activities to ensure they are acceptable and within RAA policies.
Works with SVP, VPs and Finance to help forecast transition loan calculations, payout options, exceptions
Participates and plans (content, contacts and logistics) Home Office Visits (HOVs) for high profile recruits or large producer groups
Manages the travel and budget surrounding all HOV’s
Coordinates responses on all Requests for Proposals (RFP’s) including detailed answers from questionnaires that prospects have requested
3-5 years of experience in the financial services industry (financial advisor recruiting experience preferred)
H.S. Diploma required, Bachelor’s Degree from accredited university preferred
Series 6 or Series 7 registration required
Life/Health insurance license preferred
Thorough knowledge of broker/dealer products and operations
Strong understanding of the financial services industry and field distribution systems