Financial Advisor

United Community Bank

dental insurance, 401(k)

United States, Illinois, Springfield

Feb 14, 2025

Financial Advisor - Springfield, IL

Springfield, IL

The $3.6B Leader in Banking is seeking to expand its unified Wealth Management program with top tier Advisors seeking to grow their business with the support and branding of one the strongest Financial Institutions in Illinois. UCB leads in its market locations in Illinois and provides access to the most opportune client bases in a partnership built on quality through shared success.

The United Wealth division encompasses a Raymond James Investments and Bank's Trust department totaling over $1.2 Billion in combined assets, and is infusing capital into its investment program that is led by an Advisor with 25yrs of experience that started the office completely organically, recognized Nationally as Top 50 Advisor twice, and expanded to include three Advisors with locations in Carthage, Mt Sterling, Springfield, and Quincy, IL. The Investment Department has a mutually beneficial and long-standing relationship with the Trust Department of United Wealth the has continuously expanded.

As the Bank has executed its designated plan for asset, profit, and geographic growth it is now increasing focus the same on growing United Wealth and is strategically focusing on its Springfield, IL area where it leads the marketplace, and Alton, Illinois.

Requirements:

5 yrs experience in the industry

Series 7 and Insurance Licensed

Minimum Gross production of $300,000

Minimum AUM of $40,000,000

Preferred business mix of 40% or more in fee based

Available start date.	Immediate
Describe the compensation/payout structure.	Payout of gross revenue based at fixed payout rate at 42%. Additional compensation potential through Bank Incentive program
Will transition assistance be provided? If yes, please provide details, i.e., upfront money, draw, transfer fee reimbursements, etc.	Yes. Business Transition Support Bank Resources ACAT fee coverage
Number of branches to be covered by the candidate, bank assets and average deposits.	The Bank philosophy is not to limit Advisor to service location Due to extensive deposit base and lending prowess referral base to be potentially mined presents opportunity for AUM and Revenue Expansive Trust department present asset opportunity for attraction and retention that still provide potential Advisor revenue.
Will an existing book or specific accounts be provided to the candidate?	No, but while book is built and/or transferred income stream support is certain with base salary, transition package, and revenue payouts
How will the candidate affiliate with you, i.e., employee, independent contractor, etc.? If an employee, please provide details regarding benefits.	Candidate will be an employee of the Bank with the following benefits Company 401k with match Health Insurance Dental Insurance Flex Spending Account
Describe the local support the advisor will have, i.e., Sales Assistant, Jr Broker, etc.	Advisor would have access to: Assistant Existing Advisor coverage support Access to Bank Executives referrals
Do you assist with or have established succession planning or acquisition strategies?	Our strategy is to seek out successful Advisors who have paved their own way and either have reached peak output due to firm limitations or are seeking to expand beyond with a Bank that has proven and highly successful path of doing the same.
Describe book ownership should the advisor leave for both clients the advisor brings with them and clients the advisor obtains during affiliation.	Ownership of the book would be under the Bank with revenue generated attributed to the Advisor payouts. As the revenue generation and assets base grows the Advisor would have opportunity to increase payout rates, bonus, or other potential incentive paid by the bank.

We are a relationship driven Bank, and the reality is that we recognize our strength is providing the complete financial excellence that includes immersing our existing and potential clients in ALL of our functions. The commitment to the success and growth of our investment program is now the most critical to that advancement.

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Financial Advisor - Springfield, IL

https://ucbbank.com/careers/apply/1082