Senior Financial Planner - Commerce Trust

About Working at Commerce 

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.  

Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk. 

Compensation Range

Annual Salary: $116,500.00 - $139,000.00 (Amount based on relevant experience, skills, and competencies.)

For more than a century, Commerce Trust has been a leading provider of wealth management services including financial planning, estate and tax planning, investment management, private banking and trust administration services. Our approach to wealth management means assembling a team of seasoned wealth management professionals across disciplines who collaborate to ensure each client’s financial journey is uniquely crafted for their goals. Commerce Trust is a division of Commerce Bank.

About This Job

The main purpose of this job is to review financial advisory services staff work for quality control and provide accountability for all applicable individual goals.

Essential Functions

• Develop and present the financial plans and coordinate any implementation with Commerce Trust Company (CTC) staff or outside providers

• Develop and present educational financial planning seminars on various topics directed toward both internal employees of Commerce and clients/prospects

• Write and edit CTC newsletters along with other marketing and/or educational material

• Coordinate staffing issues related to financial plan production

• Mentor financial planning team members in career development and in technical knowledge of financial planning issues

• Review team member work for quality control and provide accountability for all applicable individual goals

• Achieve yearly goals for number of plans produced, number of financial planning meeting and revenue goals related to asset management and private banking.  Work with clients and/or referral sources to gather information needed to prepare the financial plan.

• Analyze client financial information while working either independently or with a financial planning analyst

• Meet with clients/prospects to explain the benefits of financial planning at Commerce Trust and the general financial planning process

• Develop and market the benefits of financial planning to key external and internal referral sources

• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Strong knowledge of financial planning techniques along with in-depth knowledge of financial plan creation and established financial plan delivery skills

• Strong knowledge in the areas of income taxation, insurance, estate planning, retirement planning, investments, employee compensation and trust services.

• Strong knowledge of the asset management process

• Ability to manage a complex relationship sales cycle in a team environment

• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

• Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills

• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

• Intermediate level proficiency with Microsoft Word, Excel, Teams and Outlook  

Education & Experience

• Bachelor’s degree in Business, Finance, Accounting, Management or equivalent combination of education and experience required

• 7+ years financial planning experience required

• Experience with closing asset management sales in a team environment required

• Certified Financial Planner (CFP) designation required

***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the