Financial Advisor Intern

Job Description: Financial Advisor Intern

Position: Financial Advisor Intern

Location: Hybrid (Atlanta, GA or Covington, LA) OR fully remote (for the right candidate) 

Duration: 10 Week Summer Internship

About Us:

BEAM Wealth Advisors, Inc. is a growing financial advisory firm committed to providing exceptional wealth management and financial planning services to our clients. We believe in nurturing talent and providing valuable learning opportunities to future financial advisors. Our internship program is designed to give you hands-on experience in the world of financial advising and prepare you for a successful career in this field.

*Please note, we also have a DBA (Doing Business As): Benedetti, Gucer & Associates

Job Overview:

As a Financial Advising Intern, you will have the unique opportunity to learn from experienced advisors, shadow their meetings, and actively learn about various aspects of financial advising. This internship is structured to provide you with comprehensive learning experience over ten weeks.

Compensation:

This is a full-time 10-week summer internship with an hourly rate of $15/hour.

Responsibilities:

• Advisor Activities: 
  • Client Meetings: Observe client meetings to better understand client-advisor interactions. Demonstrate professionalism during all client interactions.
  • Learn Meeting Preparation and Follow-up: Assist in preparing materials for client meetings and follow-up actions, becoming comfortable enough to independently prepare materials for select meetings.
  • Advisor Book of Business Breakdown: Begin to understand how advisors' approach and manage their client base as a business owner. 
  • Document Management: Collect, organize and prepare documents for client meetings, including but not limited to, insurance, tax, estate and financial statements.
  • Technology Learning & Development: Using BEAM’s technology tools to learn financial planning software, CRM and other tools for client management.
• Investment Management:
  • Learn about our investment management philosophy and how we manage and monitor our portfolios.
  • Participate in calls with mutual fund portfolio managers, market strategists, and other investment professionals and offer insight into their investment processes and performance.
  • Assist in the maintenance of investments tools used to manage, monitor, and measure portfolio performance.
  • Assist trading personnel with reports used to monitor cash levels, account drift, and account holdings and ensure trade settings are in good order.
• Operational Tasks: 
  • Handle operational tasks with increased autonomy and efficiency.
  • Assist with client service administrative tasks, document organization, and data entry.
• Firm Projects: 
  • Collaborate with other interns and team members to complete important projects such as Client Relationship Manager data management and clean-up, developing and refining standard operating procedures, client experience enhancements, etc. 
• Professional Development: 
  • Immerse yourself in financial advisory concepts, terminology, and industry best practices through training and mentorship.
  • Actively participate in firm lead professional development sessions to prepare yourself for your career post-graduation. 
  • Attend Development Meetings: Monday Morning Huddle, Advisor Development, Advisor Roleplay, and Advisor Huddles. 

Projects & Outcomes:

• Firm Evaluation: Create a SWOT (strength, weakness, opportunities, threats) analysis of our firm and provide feedback on ways to improve operations and the client experience. [Week 8]
• Advisor Write-Up: Create a write-up of everything you learned from the various advisors and their advising styles. Compare and contrast the different approaches. [Week 8]
• Financial Plan: Create and present a financial plan to the team. [Create – Week 8, Present – Week 10]

Desired Skills and Experience:

• Currently pursuing a degree in finance, economics, business, or a related field.
• Strong interest in financial planning and wealth management.
• Excellent communication and interpersonal skills.
• Detail-oriented with strong organizational abilities.
• Ability to work both independently and collaboratively in a team.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).

How to Apply:

If you are enthusiastic about launching your career in financial advising and meet the qualifications mentioned above, please submit your resume.

Join us at BEAM Wealth Advisors, Inc. and embark on a journey to become a successful financial advisor, helping clients achieve their financial goals.

Note: This job description is intended to convey information essential to understanding the scope of the internship and the general nature and level of work performed. It is not exhaustive and may be revised to meet the changing needs of BEAM Wealth Advisors, Inc.