Managing Partner, Wealth Advisor

Requirements

• MINIMUM:
• Bachelor's degree in relevant field or combination of education and experience that provides and equivalent background
• 7 years of applicable experience within Financial Services
• 3+ years of demonstrated leadership experience as an advisor within a wealth management institution
• Must have, or possess ability to obtain, the Series 65 registration within 120 days of employment
• PREFERRED:
• 10 years of applicable experience within Financial Services
• Demonstrated experience in managing an advisory practice P&L
• Advanced degree or professional certification such as CFP or CFA
• Knowledge & Skills
• Job Skills:
• Systems thinking and complex problem solving
• Attention to detail, yet ability to grasp big picture
• Highly organized and can effectively multi-task
• Great communicator with strong interpersonal skills
• Exceptional written communication and presentation skills
• Strong wealth advisor sales skills with acumen to close new business
• Demonstrated ability to expand revenue, assets, and client base
• Knowledge of client service and operational best practices
• Proficiency in developing centers of influence and personal networking
• Adept at advisory business planning and execution
• Knowledge of technology can improve client experiences and front office operational processes
• Strong knowledge of investment, tax, estate planning, and transfer of wealth strategies
• Understanding of how to leverage team resources to drive client growth, retention and engagement
• Proven culture carrier and mentorship of other advisors
• High Level of Emotional Intelligence, able to read situations accurately and is empathic
• Technical Skills:
• Strong proficiency of Microsoft Office Suite (Word, Excel, PowerPoint, SharePoint)
• Proficiency in Salesforce CRM software, and familiarity in other front office software used by wealth advisors
• Proficiency with eMoney client portal and financial planning software
• Work Environment
• Type: Office Centric (60% In Office)
• Location: Various
• Compensation Ranges:
• US Employees in California, Washington DC, New Jersey, and New York:
• $120,750 - $189,000
• US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin:
• $110,250 - $173,030
• US Employees in all other states not listed above:
• $99,750 - $157,060
• The posted compensation range on this listing represents UMB's

Benefits

Additional Information

Duties & Responsibilities Type of Role: Managing Partner, Advisory Practice Leadership Area of Responsibility and Purview: Directs all local wealth management practice activities for Private Wealth Management Role Specific Job Duties: Lead a team of Wealth Advisors Set the strategic direction and establish priorities of the local wealth advisor practice Develop, manage, and execute on the business plan for the advisor practice Establish KPI's for the practice that will allow the team to measure and monitor success Align resources in the practice with the business plan Manage practice performance, regularly updating the associate 9-box and develop specific professional development plans for each wealth advisor Continuously mentor wealth advisors on team, helping them adopt industry best practices Function Specific Job Duties: Responsible for managing the practice P&L Meet regularly with team to proactively understand trends, attrition risks, and opportunities with clients and prospects Execute on specific programs aimed to increase productivity of business development, client retention and engagement Chiefly responsible for the business development within the practice, including overseeing the overall new business pipeline in the practice Lead the development of centers of influence (both internal and external) as referral sources, and development of natural markets and key influencers Lead the wealth management services delivery to high value clients within the practice Coordinate the delivery of wealth, financial planning, investment, and estate planning advice for clients, leveraging dedicated financial planners, trust officers and portfolio managers within the practice Drive a growth oriented, entrepreneurial culture with a can-do mindset across the advisory practice Ensure team adoption of new platforms and technologies to drive operational efficiency and enhance the client experience Opportunistically assist in new advisor recruiting Responsible for the assimilation of new wealth advisors into the wealth practice Ensure all minimum standards of care are met across all client relationships Other duties as assigned

Your Match

How well this role fits your profile.

Company Intel

What employees say

Worked at umb? Share your experience