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Clearwater Capital Partners · 6 days ago

Retirement Plan Advisor

Hoffman Estates, IL

Full-time

Onsite

Senior Level

5+ years exp

Clearwater Capital Partners is a growing Registered Investment Advisor (RIA) seeking a Retirement Plan Advisor. The role involves driving new retirement plan business, managing a portfolio of institutional clients, and providing fiduciary oversight and advisory services to ensure compliant and high-quality retirement plan solutions.

Asset ManagementConsultingFinancial ServicesRetirementWealth Management

Responsibilities

Proactively identify, cultivate, and pursue new retirement plan opportunities through direct outreach, networking, leveraging existing relationships, and participating in industry and community events; build and nurture prospect pipelines to support consistent business growth

Prepare and organize materials for service and recordkeeping platform proposals

Deliver prospect presentations to potential clients

Conduct retirement plan prospect research, evaluate opportunities, and review proposals with the Director of Retirement Plans

Support Wealth Advisor business through ongoing education and training initiatives

Manage the conversion process for new plan business and communicate progress to plan sponsors

Maintain and update the CRM and client records

Oversee and monitor a portfolio of Qualified and Non-Qualified plans, providing needed oversight

Review and maintain core investment funds within retirement plans for ongoing suitability

Manage Investment Committee and Participant Education requirements in collaboration with the team

Evaluate plan benchmarking, fee analysis, and periodic fund menu reviews performed by team members or third-party advisors, ensuring competitive, compliant results and providing actionable recommendations

Serve as a co-fiduciary and document plan decisions to mitigate sponsor liability and uphold regulatory standards

Advise clients on plan design optimization such as auto-enrollment, auto-escalation, Roth adoption, and eligibility changes, adapting to evolving workforce needs

Provide input for financial wellness programs, employee engagement initiatives, and participant communications to enhance retirement outcomes, collaborating as needed with colleagues or external partners

Understand payroll integration, vendor contracts, and the roles of service providers (recordkeepers, TPAs, auditors) to improve and streamline client experience

Use technology (e.g., plan dashboards, apps, wellness platforms) for reporting and analytics on plan health, participation, and retirement readiness

Pursue ongoing professional development and maintain required certifications in response to regulatory and industry changes

Qualification

Service proposalsClient presentationsProspect researchPlan oversightInvestment Committee collaborationBenchmarking knowledgeCo-fiduciary understandingPlan analytics proficiencyOrganizedEducation facilitationDetail-orientedContinuous learning

Required

Experience preparing service proposals and organizing supporting materials for retirement plans

Skilled in delivering polished presentations to both prospective and current clients

Proficient in conducting prospect research, engagement, and proposal review in partnership with team leaders

Ability to facilitate education programs and training for clients

Skilled in tracking plan conversions, updating key stakeholders, and managing implementation timelines

Detail-oriented and organized in maintaining CRM databases and client records

Ability to provide oversight for retirement plan portfolios, including Qualified and Non-Qualified plans

Experience collaborating on Investment Committee agendas and Participant Education strategies

Knowledge of benchmarking, fee analysis, and fund review processes for retirement plans

Understanding of co-fiduciary roles and regulatory requirements (SECURE Act, IRS, DOL, ERISA)

Familiarity with plan design features and trends in workforce retirement needs

Proficiency in the use of plan analytics and technology platforms for reporting on plan health and participant activity

Bachelor's degree required

Minimum 5 years of direct experience acquiring new retirement plan clients and providing ongoing support for plan administration, service, or consulting

Active Series 65 license (Uniform Investment Adviser Law Exam) required

Commitment to continuous learning, including maintaining and pursuing additional credentials (such as AIF, CRPS, etc.) as needed to stay current with industry standards