Advisory Consultant, RIA Services

Commonwealth Financial Network•Waltham, MA

4d•Hybrid

About The Position

If you’re looking for a high-energy, inclusive atmosphere and a company that understands the importance of work/life balance, Commonwealth is your match! From generous bonus and 401(k) programs to tuition reimbursement and flexible work schedules, Commonwealth is focused on helping its employees thrive in an environment suited to their needs. On top of all that, the RIA Services department offers a hybrid work schedule, so you will be able to work from home on Wednesdays and Fridays. We’re looking for an advisory consultant for the RIA Services department to join our ranks. As the financial services industry continues to evolve, Commonwealth remains committed to its legacy of providing indispensable service. To support this legacy, we’re building a dedicated team for Commonwealth’s fee-only advisors. We are seeking candidates for the role of advisory operations consultant, RIA services. Your focus will be on supporting advisors who are interested in, or fully established under, our hybrid, corporate RIA, and independent RIA affiliation models. Put your extensive knowledge of the financial services industry and superb problem-solving and analytical skills to work answering the myriad of questions that our advisors face as they continue to evolve their practices toward fee-only models, while developing a deep understanding of their unique characteristics. If you are up to the challenge, we want to speak with you!

Requirements

Familiarity with RIA Custody technology, including CRM, portfolio accounting, trading, and fee billing software
Experience with RIA Custody and BD Clearing platforms
Intuitive thinker with the innate ability to piece multiple concepts together to resolve complex problems and see the big picture
Superb problem-solving and analytical skills
Familiarity with the RIA model and fee-based management
Outstanding communication, interpersonal, and relationship-building skills
3+ years’ experience working with advisors or a financial services firm that engages in advisory business

Nice To Haves

FINRA Series 65 or 66 securities registration is a plus

Responsibilities

Taking a consultative role by managing key and assigned fee-only practices
Building relationships with our financial advisors and their staff by consistently providing the highest level of customer service. This includes serving as the first point-of-contact by answering incoming phone calls to strategically identify and resolve critical client issues and inquiries
Educating callers on a broad range of operational topics
Staying abreast of new resources, products, and procedures, as well as industry news and regulations affecting fee-only practices
Collaborating with various internal teams to research and resolve issues
Assisting other RIA Services team members in the process of moving practices into a fee-only affiliation