Experienced Financial Advisor - Independent Platform (New Mexico)

Job description

Alternate titles: Senior Financial Advisor New Mexico · Wealth Advisor Albuquerque Santa Fe · Financial Planner NM Location: Albuquerque, NM · Santa Fe, NM · Las Cruces, NM · Los Alamos, NM · Rio Rancho, NM Employment Type: W-2 Statutory Employee of National Life Group (Internal Revenue Code §3121(d)(3)(B) — full-time life insurance salesperson classification per 26 CFR 31.3121(d)-1, Form W-2 Box 13 "Statutory employee" checked) — Commission-Based Compensation (The statutory-employee designation attaches to the life insurance company for which the agent's principal business activity is solicitation of life insurance or annuity contracts — here, National Life Group (A+ AM Best). NLG issues the Form W-2 and checks Box 13. Social Security and Medicare (FICA) taxes are withheld from commission payments, with the employer matching share paid by NLG. Federal income tax is typically not withheld (paid via quarterly estimated tax). Income and business expenses are reported on IRS Schedule C — advisors retain the ability to deduct ordinary and necessary business expenses directly against commission income. WealthBridge Financial Group is the General Agency under which advisors are affiliate...