Are you ready to lead the charge in transforming the financial advisory landscape? If so, LPL Financial is the place for you!
LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 19,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.
Job Overview:
This role will play a key leadership role in the support of financial advisors in the Linsco employee channel for LPL, including the profitability of the region which will grow to include multi-branches. The successful leader will have a comprehensive understanding of the W2 advisor model.
Responsibilities:
- Supporting the recruitment of advisors by selling them on the mission and vision of the Employee Chanel. Helping transition the new teams to LPL.
- Building and maintaining strong advisor relationships while at the same time balancing this against the profitability of the model.
- Strategic Agility: Approaches strategy with an entrepreneurial mindset. Uses critical thinking to increase the value proposition that translates into market advantages.
- Problem solving and Decision making: Focuses on customer-centric process that frames the right hypothesis. Uses human-centric design thinking to work back from the customer experience. Develops a fact base to inform solutions.
- Operational Execution: Develops roadmaps, milestones and operational metrics that align with anecdotal evidence. Communicates the journey and uses iterative cycles at pace to support continuous learning and improve outcomes. Sets a high bar for results through repeatable, sustainable processes.
- Talent Management: Reputation for building strong, motivated teams at scale with the ability to recruit top professionals, attract followers and develop top talent.
- Maintaining high advisor retention and satisfaction.
- Supporting the recruitment of advisors by selling them on the mission and vision of the Employee Chanel. Helping transition the new teams to LPL.
- Building and maintaining strong advisor relationships while at the same time balancing this against the profitability of the model.
- Advocacy: Ability to collaborate internally and externally to ensure the channel is a top priority with internal peers so that it receives the focus and attention it needs to be successful.
There is no preferred location for this role. The role reports into the National Branch Manager.
What are we looking for?
We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.
Requirements:
- 10+ years experience in financial services with branch experience either in a role of branch manager, branch operations/service or branch administration
- Experience as a branch manager and managing multiple offices
- Bachelor’s degree
- Series 7, 66, 9/10 or 24
- Willingness to travel to branch offices as needed
Core Competencies:
- Strong wealth management experience and a track record of bringing on recruits and integrating them into a new firm.
- Ability to motivate employees, build teams and drive outcomes
- Strong interpersonal skills, with the ability to build trust and respect while at the same time being able to maintain the integrity of the model
- A highly strategic thinker, with the ability to assess complex problems, prioritize key issues, focus on relevant facts and maintain a strong execution focus.
- Strong communication skills, both written and oral, with the ability to present materials to the highest levels in the organization and serve as a recognized subject matter expert, as well as the ability to frame complex issues visually.
- Demonstrated ability to influence at all levels and lead change.
- Strong gravitas and executive presence
- Awareness of industry dynamics and best practices
Preferences:
- Experience in both a branch and home office
- Experience as a branch manager and managing multiple offices
Pay Range: $218,800.00 – $364,600.00