Job Description: Financial Advisor
Position: Financial Advisor
Location: Sarasota
Employment Type: W-2 or 1099 (whichever preferred)
Compensation: Salary + Commission
Starting Salary: $75,000 (negotiable based on experience and book of business)
Job Overview:
We are seeking a dedicated and ambitious Financial Advisor to join our growing team. This role offers the opportunity to work with a dynamic local team, providing exceptional financial advisory services. Whether you are just starting out or you bring a book of business with you, we offer competitive compensation and benefits.
Compensation Breakdown:
- W-2 Advisor Salary Example:
- $75,000 Total Compensation
- $50,000 Base Salary
- $25,000 Base Commission
- Commission Structure:
- 30%-50% Grid, with no cap
- Grid increases at $250k, $500k, and $750k gross T-12
- Performance Metrics:
- Expected to add $1.5 million in AUM (Assets Under Management) per month
- Average annual fee on assets: 0.80%-1.2%
- Income Potential:
- Projected $18 million AUM per year over 5 years (excluding referrals and asset appreciation)
- $90 million in AUM at 1% fee equals $900,000 in topline billings
- 50% of billings translates to $450,000 in income
- Additional benefits and quality of life perks working with a fun, growing local team
Additional Benefits:
- Transition Bonus:
- 50% of fee-based T-12 brought to Aksala for advisors with an existing book of business
Requirements:
- No existing book of business required, but it is considered a bonus.
- Strong communication and interpersonal skills
- Ability to work independently and as part of a team
- Commitment to providing high-quality financial advice and services
Why Join Us?
- Competitive salary and commission structure
- Supportive and collaborative work environment
- Opportunities for professional growth and development
- Flexible work options to suit your lifestyle
If you are a motivated financial professional looking to advance your career with a thriving company, we encourage you to apply.
Job Type: Full-time
Pay: $75,000.00 - $120,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Financial planning services
- Health insurance
- Life insurance
- Paid training
- Professional development assistance
- Vision insurance
Compensation package:
- Bonus opportunities
- Commission pay
Weekly schedule:
Work setting:
Work Location: In person