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Lohr & Company · 2 days ago

Wealth Management Associate

Charlottesville, VA

Full-time

Onsite

New Grad, Entry Level

$55K/yr - $63K/yr

Lohr & Company is a family-owned financial planning boutique based in Central Virginia, dedicated to helping families steward their resources wisely. The Wealth Management Associate (WMA) role supports the advising team by assisting in financial data gathering, modeling, and case design to develop comprehensive financial plans, while also participating in client meetings to enhance communication skills.

AdviceConsultingFinancial ServicesRetirement

Hiring Manager

Ethan Lohr, CFP®

Responsibilities

Assist in collecting and organizing financial data from clients, including income, expenses, assets, liabilities, and insurance details

Ensure all relevant information is obtained for accurate financial analysis and planning

Utilize financial planning software to create financial models and projections for client situations

Develop various financial scenarios and evaluate their impact on clients' financial goals and objectives

Assist lead advisors in designing financial plans by analyzing data and providing case-specific insights

Collaborate with advisors to ensure client deliverables are accurate, clear, and professionally presented

Participate in client meetings as needed, primarily for the purpose of enhancing communication skills and understanding client-advisor meeting dynamics

Take detailed notes during meetings, ensuring all relevant information is recorded for follow-up actions

Assist with the administrative aspects of financial planning, such as organizing documents, maintaining client records, and ensuring compliance with industry regulations

Provide technical support to advisors by conducting research on financial products, tax strategies, and investment options

Ensure all client information, financial plans, and supporting documentation meet regulatory requirements and are maintained in an organized and secure manner

Complete data entry and run reports in the Client Relationship Management (CRM) system, other firm software, and spreadsheets

Ensure data integrity across CRM systems

Coordinate and schedule client meetings

Assist clients in navigating online access to their accounts and other firm-specific software

Maintain a commitment to ongoing professional growth through industry education and credentialing

Pursue and obtain required securities and insurance licenses (e.g., SIE, Series 7, Series 66, and Life/Health Insurance) within established timelines as determined by the firm

Begin coursework toward the CERTIFIED FINANCIAL PLANNER™ (CFP®) designation within the first year of employment, with the goal of achieving certification as career progression allows

Utilize designated professional development time to study for exams, complete continuing education, and participate in firm-sponsored training programs

Demonstrate initiative in expanding technical knowledge, ethical standards, and client-service skills consistent with Lohr & Company’s planning philosophy and fiduciary standards

Collaborate with senior advisors to apply academic knowledge to real-world client situations and deepen professional judgment

Qualification

Financial PlanningData GatheringFinancial ModelingClient ServiceSeries 65 LicenseLifeHealth Insurance LicenseAdministrative SupportCommunication SkillsTime ManagementAttention to Detail

Required

Able to self-manage, prioritize and manage time effectively, while following established processes and procedures

High attention to detail, accuracy, and consistency to ensure precision in financial reports, account statements, and other client-related documents

Strong verbal and written communication skills to interact effectively with clients

Preferred

Experience providing administrative and business administration support, preferred

Experience within financial services, especially in an operations or client service role, is ideal but not required

Series 65 licensed, or related equivalent(s)

Life and Health Insurance License

Willingness to obtain other licenses as needed

Benefits

Retirement plan with company match

Paid time off (PTO) and Parental Leave

Health and Wellness Stipend

Fully covered CFP® certification course enrollment (or reimbursement equivalent based on our preferred course/study method), materials, exam preparation and exam costs