About Wealth Enhancement Group
Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 61,000 households from our over 100 offices - and growing - nationwide.
Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.
We have an exciting opportunity for an Advisor Compensation Associate! This role is responsible for gathering variable compensation requirements and processes semi-monthly advisor compensation cycles.
The initial salary target for this role is $50,000.00 - $60,000.00; it is also eligible for bonus.
We select our initial compensation target using national compensation survey data. When we make an offer, we then factor in things like tenure, performance, and geographic location to come up with the most accurate numbers. We encourage you to apply and provide us with your compensation expectations when you do. We’re big on open conversations, so, let’s have one.
Primary Job Functions
Gather information for newly acquired companies and code, design, and test the system to configuration accurate calculations of the Financial Advisors variable compensation payments
Analyze system design, configure new variable compensation plans, review legal financial agreements, testing/validation and documenting all variable compensation processes
Assist with semi-monthly compensation payroll processing
Analyze and update critical pre-processing salesforce dashboard reports
Assist with pay period compensation review by payee
Maintain and update Compensation System
Receive all new user financial agreements and add them into the system
Develop enhanced reporting, archival processes, and dashboards
Assist with variable compensated advisor review and set up
Assist in diligence review and integration planning related to contracts, solicitor agreements, employment agreements, etc.
Attend integration meetings and communicate details across accounting teams
Assist teams with compensation related questions and coordinate follow up actions
System coding for new compensation plans as needed
Education/Qualifications
Associate degree
2+ years business experience, preferred experience in accounting, audit, or compensation processing
Experience with Microsoft Office Tools
Inter-personal and communication skills working with people at all levels
Experience communicating sensitive information
Attention to detail & problem-solving skills
Time Management & strong organization skills
#LI-REMOTE
#LI-MR1
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Comprehensive Benefits Offerings
Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. You may participate in the following benefits & development opportunities:
Training and professional development
Medical and dental coverage
401k – with match and profit sharing
Health care spending and savings accounts
Dependent care spending account
Vision coverage
Wellness programs and resources
Life insurance – employer paid
Short-term and long-term disability – employer paid
Paid Time Off
10 paid holidays each year
Paid parental leave
Tuition reimbursement
Should you need reasonable accommodation when completing the application form or during the selection process, contact the Human Resources Department at 763-417-1700
Information provided on this application will be kept confidential and only be shared with those involved in the selection process.
Equal Opportunity Employer, including disabled and veterans. This organization participates in E-Verify.
Click the following link to view Federal and E-Verify posters: Link
OSHA Requirements: This position requires the ability to stand or sit for long periods of time, file documents in high or low cabinets, to use the telephone and to use the computer systems.
