RK Partners · 15 hours ago
Paraplanner-Los Angeles, CA
Los Angeles, CA
Full-time
Onsite
Entry, Mid Level
$70K/yr - $85K/yr
2+ years expRK Partners is a mature and dynamic firm specializing in wealth management advisory services for high-net-worth clients. They are seeking a Private Wealth Service Associate to support advisors in planning and operational tasks, ensuring high-quality service and effective client communication.
Consulting
Responsibilities
Develop and maintain a deep understanding of the comprehensive planning philosophy and process, from initial meeting to client onboarding, to provide the highest level of service to prospective and existing clients
Build planning analysis (PX) for all prospective client close meetings, as well as when applicable for client reviews
Insurance and investment presentation preparation for all close meetings, including running all insurance illustrations and coordinating with the investment operations teams on all investment materials needed for inclusion in presentations
Support investment operations team as needed
Generate all materials needed for clients reviews in conjunction with advisors and investment operations team
Quarterly review of all presentation materials, both insurance and investment, to ensure all materials remain up-to-date and in alignment with the firms planning philosophy
Collaborate with advisors to identify potential planning opportunities for prospective and existing clients to properly align recommendations in preparation for close and reviews meetings
Advise advisors of relevant data or information needed for decision making, ensuring effective execution and coordination
Generate, monitor, and submit all insurance applications (life, disability, long term care, and annuity), ensuring compliance with all relevant state-specific regulatory requirements and internal policies, including those established by Northwestern Mutual, to provide a seamless submission of all applications
Oversee the underwriting of all insurance applications from submission to placement, collaborating with advisors where necessary to ensure appropriate coverage is ultimately placed on behalf of client
Deliver high quality written and verbal correspondence to both clients and internal staff, showcasing excellent communication skills, including but not limited to:
Follow up with prospective clients on additional information and materials needed for timely completion of planning analysis and both insurance and investment materials
Providing weekly updates on the underwriting status of newly submitted business, including responses directly to the underwriters by obtaining any additional information requested from client
Resolving client inquiries and requests related to the servicing of existing insurance policies and accounts
Resolve client inquiries in a timely and effective manner
Generate feed lists for all client review meetings
Contribute to internal workflow system upgrades and development to improve operational efficiency
Ensure all planning analysis and presentation material are finalized on time and with accuracy
Ensure all planning analysis benchmarks are obtained prior to conclusion of agents and calendar years
Assist in preparing comprehensive reviews, including in-force illustrations, term-conversion illustrations and feed lists
Proactively monitor and respond to underwriting updates, ensuring timely resolution of issues
Maintain a high standard of communication and resolve client inquiries promptly
Attend and participate in relevant conferences, home office learning opportunities, and technology additions & enhancements
Qualification
Required
Bachelor's Degree
California Life & Health license
FINRA Registration (Series 6, Series 7 preferred, 63 or 66) (or must obtain Series 7 within 180 days of employment)
2+ years of planning and insurance operations experience
Benefits
100% medical, dental, and disability insurance provided by employer
Profit-sharing plan
Employer-sponsored licensing, professional development, and education opportunities
Paid vacation, sick, and holiday pay
Company
RK Partners
RK Partners is an independent advisory firm that specializes in complex corporate reorganizations.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase