Business Development Analyst (Remote Work Option)

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.

The Business Development Analyst works across the Business Development (BD) team to identify, source, and integrate prospective acquisitions with the goal of accelerating Wealth Enhancement Group’s (WEG) inorganic growth.

The BD team is responsible for differentiating the firm’s inorganic growth engine by effectively communicating WEG’s partnership strategy and assisting prospective acquisitions as they progress through the M&A pipeline. The BD team is an integral part of WEG’s growth strategy and supports prospective acquisitions through the process, from pitch, to negotiation, to execution.

The salary target for this role is $72,000-$82,000 depending on experience. This role is also eligible for an annual corporate 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

Acquisition Support

• Master WEG’s vision, values, objectives for M&A, our product offering, industry dynamics and how to work within a team and broader organization,

• Assist in the drafting, review, and timely execution of legal documents including NDAs, Indications of Interest (IOIs), Letters of Intent (LOIs) and Purchase Agreements (PAs).

• Prepare company valuations and deal analyses exercising analytical skills and attention to detail.

• Prepare diligence materials including marketing collateral and presentation decks as well as coordinate conversations between prospects and WEG subject matter experts (SMEs) across various departments.

Direct Outreach and Database Management

• Update and maintain database of +20,000 potential acquisition targets.

• Cultivate target lists and execute outreach through various channels including traditional cold-calling, email campaigns and webinars.

• Track outreach and capture important responses through Salesforce CRM.

• Coordinate the scheduling of introductory conversations.

Reporting Materials Preparation & Special Projects

• Create objective-specific materials to support bi-weekly reporting of Key Performance Indicators (KPIs) to WEG management and Board of Directors.

• Assist in the drafting of BOD approval decks for prospective acquisitions.

• Lead the execution of special projects which often encompass analysis of industry trends or additional reporting requests from WEG management.

Education/Qualifications

• Bachelor's Degree (or equivalent experience) in business; finance, economics or related field

• Experience in financial services and/or business analysis roles

• Excellent written and verbal communication skills with confidence to interact with prospects and senior leaders within the firm

• Effective project management skills with ability to prioritize competing projects and deadlines

• Intellectual curiosity and creativity, with a demonstrated interest in learning about M&A

• Self-starting, proactive person who demonstrates initiative, ownership, and leadership

• Drive, enthusiasm, and solid work ethic

• Exceptional quantitative and technical skills, ideally with experience in statistics or computer science

• Basic understanding of company valuation concepts (comparable multiples, DCF, LBO, etc.)

• Keen interest in financial economics and the wealth management industry

• Proficient with Microsoft Office Suite or related software.

• Familiarity with Salesforce and Support Org functionality

• Experience with Workday preferred

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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, dental and vision coverage

• 401k – with match and profit sharing

• Health care spending and savings accounts

• Dependent care and transit spending accounts

• Wellness programs and resources

• Life and AD&D insurance – employer paid and voluntary options

• Short-term and long-term disability – employer paid

• Employee assistance plan

• Accident and critical illness

• Pet insurance

• Identity theft

• Paid Time Off

• 12 paid holidays each year

• Paid parental leave and paid caregiver 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.