Wealth management advisor vs individual pension consultant

Differences between wealth management advisor and individual pension consultant duties and responsibilities

Wealth management advisor example responsibilities.

• Handle sales of permanent and term insurance, fix annuities, brokerage accounts, mutual funds, and manage money accounts.
• Manage FINRA, NASD compliance, quality control and documentation for all stock, bond and option trades place by team.
• Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
• Contribute MorningStar research reports for mutual fund portfolios.
• Maintain and monitor files to ensure proper compliance procedures under FINRA.
• Research and compare active vs. passive financial managers who utilize section rotation and ETFs to hedge risk and capture alpha.
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Individual pension consultant example responsibilities.

• Manage files from origination to closing, and accurately organize and review all documents for processing.
• Provide financial products and services to assist the investors with their financial needs like loans, after tax annuities and IRAs.
• Review and implement terms of QDRO for retirement annuities in marital dissolution proceedings.
• Manage files from origination to closing, and accurately organize and review all documents for processing.
• Remain current on IRA regulations and policies.
• Develop fee-based blotter reporting program to address AUM reporting and compliance suitability.