Financial Advisor

As a Financial Advisor based in Sacramento, CA, you will build and expand a client base while helping individuals navigate important financial decisions. The role combines ongoing training and support with commission-based compensation and practical tools to develop tailored insurance and financial product solutions.

Key Responsibilities

• Develop a client base through networking, referrals, and active community involvement.
• Build lasting relationships and guide clients through decisions related to retirement, protection, and education planning.
• Provide tailored solutions across insurance and other financial products.
• Create and implement financial plans based on services available through the organization, accounting for each client’s financial needs and life circumstances.
• Support clients with decisions involving life insurance, mutual funds, savings plans, and other financial products and services.
• Participate in educational meetings or seminars tied to client risk tolerance and financial objectives, including research prior to offering financial guidance.
• Collect and document personal financial information, including status, cash flow, and expectations, in the organization’s CRM.
• Continuously identify and generate prospects using social media and other marketing tools, and build strong relationships with new clients as a trusted advisor.
• Grow knowledge and skills through ongoing training and real-world experience.

Required Qualifications

• Strong relationship management skills and/or experience required.
• Uncompromising integrity and the ability to communicate complex ideas.
• Ability to network to identify potential new clients.
• Location requirement: Greater Sacramento Region (Northern California) to be considered.

Technology and Tools

• CRM
• Social media

Products and Solutions

New York Life and its subsidiaries provide a range of solutions, including life insurance, annuities, long-term care insurance, disability income insurance, and investment products such as mutual funds through NYLIFE Securities LLC (member FINRA and SIPC), a Licensed Insurance Agency.

Compensation

• Base annual range: USD 85,000 to 125,000 per year.
• Commission-based compensation: income is commission-based, with individual agent performance determining earnings.
• 2024 reference point: average income of financial professionals under the N8 and N9 Agent’s Contract who met annual minimum sales production requirements was $120,555.

For additional information about commission-based income and benefits for financial professionals: https://www.newyorklife.com/careers/financial-professionals/income-and-benefits

Benefits

• Medical
• Dental
• Life and long-term disability coverages
• 401(k)
• Pension
• Prepaid tuition for eligible, participating agents pursuing approved credentials
• Training subsidy available for eligible candidates during early stages

Role Highlights

• Be Your Own Boss: after two years of training, agents become independent career agents and run their own businesses.
• Training and support: structured onboarding, licensing support, ongoing coaching, and opportunities to obtain professional credentials.
• Financial support: training subsidy available for eligible candidates during early stages.
• Resources and tools: access to experienced professionals, institutional knowledge, and sales, prospecting, and marketing tools to attract and retain clients through web, social, and email content.
• Career path flexibility: as you grow, you may specialize in areas such as wealth management, estate planning, and business solutions, or pursue leadership opportunities.
• Advisory option: you may choose to become a financial advisor with Eagle Strategies LLC, a registered investment advisor, and offer advisory services.