Now Hiring - Stevens Foster Financial Advisors, Inc. - Business Development Executive (Wealth Management) in Bloomington, MN

Full description of the position

The Business Development Executive leads Stevens Foster's new client acquisition efforts by cultivating relationships with corporate executives, high-net-worth families, and professional referral partners. This role is responsible for developing and executing strategic outreach initiatives, advancing qualified prospects into discovery conversations, and guiding relationships through a smooth transition to the advisory team. As a forward-facing representative of the firm, the Business Development Executive communicates Stevens Foster's integrated wealth management model-- spanning planning, tax, and investments--with professionalism and clarity. The position strengthens the firm's visibility in the Twin Cities market, deepens community and professional partnerships, and ensures prospective clients experience a thoughtful, high-touch introduction to the firm.

Key Responsibilities

Business Development & Strategic Growth

• Develop and execute a strategic business development plan targeting executives and families with complex financial needs.
• Identify, source, and acquire new clients through networking, referrals, targeted outreach, events, and community engagement.
• Build and maintain strong relationships with attorneys, CPAs, and centers of influence to expand the firm's referral network.
• Provide insights to leadership about emerging business opportunities and market trends. Prospect Engagement & Transition
• Educate prospective clients on Stevens Foster's integrated wealth management services.
• Qualify prospects and coordinate seamless transitions to Client Account Managers for discovery meetings.
• Support CAMs during onboarding to ensure new clients receive a cohesive, high-quality experience. Marketing & Brand Development
• Oversee firm marketing initiatives, including campaigns, sponsorships, advertising, and event coordination.
• Collaborate with the Office & Client Support Associate on content creation, marketing materials, website updates, and social media execution.
• Represent Stevens Foster at industry, networking, and community events to increase visibility and brand presence. Pipeline Management & Reporting
• Maintain accurate Redtail CRM records, including activities, prospect notes, and pipeline updates.
• Provide regular progress reports to firm leadership, including acquisition metrics and pipeline health.
• Achieve or exceed annual client acquisition and revenue targets.

Qualifications

Education & Experience

• Bachelor's degree in business, marketing, finance, or related field preferred.
• 7-10+ years of business development, marketing, or relationship management experience in wealth management, financial services, or professional services.
• Demonstrated success attracting and retaining high-net-worth and executive clients.
• Established Twin Cities referral network strongly preferred. Technical Skills
• Proficiency with CRM systems, especially Redtail.
• Experience managing marketing campaigns and coordinating external vendors.
• Strong command of Microsoft Office and digital communication tools. Professional Skills & Attributes
• Excellent consultative communication, interpersonal, and presentation skills.
• Highly self-motivated, organized, and results-oriented.
• Ability to build trust quickly and communicate the value of a comprehensive wealth management approach.
• Strong follow-through, attention to detail, and professional judgment.

Compensation

• Base salary: $90,000 - $100,000 annually, depending on experience.
• Performance-based bonus opportunity available.
• Robust benefits package: including medical (PPO and HSA options with 85% employer-paid employee coverage), 100% employer-paid dental for employees, voluntary vision, employer-funded HSA contributions, company-paid life and disability insurance, pre-tax FSA options, 50% employer coverage of Minnesota Paid Family & Medical Leave (PFML) premiums, and a 401(k) with up to a 5% employer match after one year of service. Schedule
• Full-time schedule, Monday through Friday.
• Additional hours may be required during marketing events, networking functions, or peak campaign periods.
• Hybrid work option available in accordance with firm policy. At Stevens Foster , we value time--our clients' and our team's. We focus on doing complex work with clarity, integrity, and a disciplined approach that brings wealth management, tax strategy, and financial planning together under one roof. We serve busy executives and high-net-worth individuals who rely on us for long-term financial confidence. Our strength comes from blending deep technical expertise with a collaborative model where planners, analysts, tax professionals, and investment specialists work side by side. Joining Stevens Foster means stepping into a team-oriented environment built on trust, professionalism, and a shared commitment to excellence. You'll contribute to meaningful client outcomes, sharpen your craft, and grow in a firm that invests in both technical skill and human development. If you're passionate about delivering high-quality work, enjoy working in a coordinated team structure, and want to build a career with purpose and impact, Stevens Foster is the kind of place where you can thrive.