Wealth Advisor in Peru, Illinois at Midland States Bank
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Job Description
At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and/or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, an Employee Stock Purchase Plan, 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.
Wealth Advisor
Salary Range: $106,250 - $141,650+ annually
Position Summary
The Wealth Advisor manages existing client relationships, working either with the Sr. Wealth Advisor or on their own, providingadvice, financial planning implementation, and account management services to clients.This role is responsible for account retention,quarterly client meetings,account reviews,andreferrals to other business lines.The Wealth Advisor isresponsible for championing the Midland brand, engaging in the community and creating marketing events. This is an individual contributor role.
Primary Accountabilities
Functionsas the primary manager of existing client relationships.
Developsand implementsfinancial guidance,collaboratingwiththe Financial Planner to create and model plans.
Promptlyaddressesbasic andrecurringclient accountconcerns.
Takes ownershipfor maintaining and enhancingclient retentionand satisfaction.
Meets with clients on a regular basis and, in conjunction with the Sr. Advisors, works to develop client service models.
Conductscomprehensiveneeds assessmentforcurrent and potential customersandprovideson-going, holistic advice and counseltailored to clients financial goals.
Monitors and adjusts investment portfolios to ensure alignment with market conditions and clients objectives.
Acts as financial expert to our clients and employees staying abreast of industry and regulatory updates, the economy and financial markets.
Proactively reaches out to prospects and clients to market financial planning, trust and investment management services.
Collaborates with Sr Wealth Advisors and related centers of influence to cultivate business.
Maintainsregularcontact with existing clients, beneficiaries, and referral sources to identify new or additional sales opportunities.
Identifies and refers business to other areas within the bank as appropriate.
Takes responsibility for growth in revenue and Assets Under Management (AUM).
Collaborates with marketing team to promote MidlandsWealth Management services to include community involvement, social media, client engagement events, etc.
Represents bank in community organizations and activities to enhance Banks image.
Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).
Other duties as assigned.
Position Qualifications
Education/Experience:
Bachelors degree in businessor a related field,or equivalentcombination ofeducationandexperience.
6-8yearsprevious experience in investment management and/or financial advisory services with a demonstrated ability to develop, manage and maintain client relationships.
Series 7 / 65 / Life Health Insurancelicensed.
CFP(Certified Financial Planner)designation preferred.
Sales oriented, friendly and persuasive personality.
Professionalism and courtesy in dealing with customers andcolleagues.
High degree of accuracy with attention to detail required.
Possess a fiduciary mentality, always doing whats best for the client and maintaining confidentiality in all matters.
Strong oral, written, and interpersonal communication skills.
Strong organization and time management skills.
Strong attention to detail.
Ability to work independently and as part of a team.
Competencies:
Business insight
Cultivates innovation
Drives results
Makes sound decisions
Being a brand champion
Collaborates
Communicates effectively
Customer focus
Being Authentic
Emotional Intelligence
Self development
Being flexible and adaptable
If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources atHR@midlandsb.com.
THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident and more excited to do great things for our customers, each other and our company. Were proud to be an Equal Opportunity and Affirmative Action employer. At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you are looking for a place to grow, we encourage you to apply at Midland States Bank, because you belong here.
If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources atHR@midlandsb.com.
Midland States Bank may use automated tools and artificial intelligence (AI) to assist with recruiting, screening, and hiring decisions. In accordance with the Illinois Human Rights Act (effective January 1, 2026), these tools are designed and monitored to be neutral and job-related, and must not be used in a way that discriminates against applicants or employees based on any protected characteristic.
THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
About Midland States Bank
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Overview
Midland States Bank is a community bank based in Illinois, established in 1881. As a member of the Federal Reserve System, it is regulated by the FDIC. The bank has a long history of supporting the local economy by creat...