At Independent Financial Partners, we prioritize the advisor-client relationship and uphold the highest standards in offering personalized financial guidance. Our extensive network supports hundreds of financial advisors, benefiting from our innovative and advisor-centric approach.
Job Summary:
The Advisor Compensation Associate is responsible for processing all aspects of advisory fees and commissions to approximately 240+ independent contractors (advisors). The role requires a high attention to detail, a basic understanding of the financial services industry, and proficiency with Excel spreadsheets. This team member will build relationships and interact with all departments across IFP to facilitate and streamline the advisor payment process.
Key Responsibilities:
and process accurate and timely files of commission and advisory fee transactions for our advisors.
advisor expense charges for invoicing or payroll deductions.
as liaison to advisors; respond to inquiries related to fees, reports, payments, etc.
and/or customize various reports to assist in fee analysis.
analyze and perform compensation audits.
relationships with advisors.
orderly electronic files.
other duties and responsibilities as assigned.
The Advisor Compensation Associate role can be adapted for anyone with a varying range of experience. The knowledge and skills required of this position will lend itself well to an individual with a background in the financial services industry. Because IFP promotes from within, this role is also a perfect starting point for anyone looking for a start in financial services.
What We Are Looking For:
Microsoft Excel proficiency to gather and compile information.
efficiency in performing detailed tasks in a fast-paced work environment with frequent interruptions, changing priorities, and multiple deadlines.
to use required 3rd party software to process commissions and advisory fees.
to identify and resolve discrepancies.
oral and written communication
strict confidentiality of pay records.
and attention to detail
with Salesforce is a plus.
Featured Benefits:
We offer a competitive salary and a comprehensive benefits package that supports the health, happiness, and security of our employees. This includes 401(k), health benefits, paid time off, and more.