Business Development Consultant

Job Description

Position Title: Business Development Consultant

Reports to: Senior Vice President

Department: Simplicity Wealth

Location: 3600 American Blvd. Suite 700 Bloomington, MN 55431 (in office)

Classification: Full-time / Exempt

Summary / Job Objective: The Business Development Consultant is responsible for providing wealth management support to the Simplicity Partner Offices. This position focuses on delivering education, support, presentations, investment expertise, and consultative services, to drive the growth of new business for Simplicity Wealth. BDCs are responsible for expanding the advisor base by establishing a good rapport with Simplicity Consultants, existing Simplicity Advisors, and prospective Simplicity Clients utilizing professional phone and virtual presentation skills.

The desire and drive to succeed in a competitive financial services setting is imperative.

• Collaborate with Simplicity Partner Offices to identify and engage prospective wealth advisors
• Educate financial advisors on Simplicity Wealth solutions and product offerings
• Become platform expert on product offerings, services, and resources available
• Conduct outbound calls and virtual presentations to new financial advisor affiliations
• Actively recruit financial advisors to join Simplicity Wealth
• Self-develop with industry and product knowledge to remain current with trends and products
• Recruit financial advisors to participate in Simplicity Wealth events
• Keep abreast of the competition and changes in the economy and financial markets
• Understand and adhere to the Vision, Mission, and Values of Simplicity
• Represent Simplicity in a professional manner at all times

• At least five years of successful sales experience
• At least three years of investment or insurance experience
• Some travel may be required
• College Degree Preferred or Equivalent Work Experience
• Series 6, 63, 65, 66, or 7 preferred but not required
• Advanced Designation preferred but not required

• Creative mindset for developing innovative solutions
• Ability to discover, qualify, and close business
• Strong discipline to overcome prospect reluctance
• A learner’s mentality with a growth mindset
• Highly effective organization and ability to set priorities
• Outgoing, people oriented, and highly collaborative
• Effective listening and verbal reasoning skills
• Sufficient vocabulary to communicate effectively under stressful situations

Compensation (based on experience)

• Annual base salary: $80-90K
• This is a full-time/exempt position
• Annual performance bonus target: 15%
• Team performance bonus:
  On discretion

Benefits

• Employee benefits (medical, dental, vision, life insurance, other)
• 401k with employer match
• Paid Time Off

3600 American Blvd. Suite 700 Bloomington, MN 55431 / this role is an in-office position

Headquartered in Summit, New Jersey, Simplicity Financial Marketing Group Holdings (“Simplicity Group”) is a financial holding company in the independent financial services sector that specializes in the distribution of retirement and financial planning solutions. Simplicity Group and its wholly‑owned Broker‑Dealer, partners with insurance and investment professionals to help provide consumers with guaranteed income and life insurance products, wealth accumulation strategies, disability, and long‑term care protection in support of a holistic financial strategy.

Through its vast distribution network of insurance, wealth, and institutional channels, Simplicity Group has assisted with the placement of more than $10 billion of insurance assets and has $10 billion of assets under management and advisement as of Q4 2024. Simplicity Group is a fast‑growing business, focused on organic growth initiatives to help its distribution partners expand their businesses. Simplicity Group has over 1,200 employees and 70 operating subsidiaries.

Simplicity Group is owned by two of the leading San Francisco‑based financial and tech‑enabled services private equity firms and by its operating Partners, who help drive the company’s day‑to‑day business.

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