Head of Wealth Distribution, Pre-IPO

Monark Markets • New York, NY

1d • $140,000 - $200,000

About The Position

Monark is building the API infrastructure that embeds private market access directly inside wealth management and brokerage platforms. Our system enables brokerages, wealth platforms and financial advisors offer pre-IPO investments to their clients, directly embedded within the platforms they already use. Monark operates through MMM Securities LLC, a FINRA and SIPC member broker-dealer, and is backed by F-Prime Capital, Commerce Ventures, The Treasury, Grit Capital Partners, and others.

As Head of Wealth Distribution at Monark, you'll work directly with financial advisors on the platforms we're already integrated with. We take a hands-on approach with our clients, and you'll be at the center of our pre-IPO business, making sure advisors understand the asset class and have what they need to make informed decisions for their clients. With tens of millions of accounts and hundreds of billions of dollars in AUC across our integrated platforms, this is a chance to drive a significant share of transaction volume in the pre-IPO space.

Requirements

• Active Series 7, Series 66, or Series 63 registrations.
• 5+ years working with financial advisors in the alternative assets space
• A can-do attitude.

Responsibilities

• Own a dedicated book of RIA relationships on the platforms that we're already integrated with
• Run the full funnel, from warm intro, to education, to onboarding, and activation.
• Guide advisors through the end to end flow, from initial client conversation, to indication of interest and eventual subscription. You'll be their white glove alts service provider, working behind the scenes to help them become pre-IPO experts in front of their clients.
• Own your pipeline in our CRM, updating and tracking advisors and mandates accordingly.
• Work closely with our capital markets team, communicating advisor-led mandates to source and structure supply accordingly.
• Report regularly on pipeline health, activation rates, and dollar volume by account
• Be the advisor's voice inside Monark, feeding our product, deal, and compliance teams what RIAs are asking for
• As the model proves out, help extend the playbook to new wealth management platforms.

Benefits

• Own a significant book early. Our partner platforms make warm introductions between their clients and our team - you'll receive a list of warm leads on day one, no prospecting needed.
• Support from our marketing department: tear sheets, one-pagers, educational material and other supporting documentation to help you focus on building relationships with advisors.
• Opportunity to receive equity in Monark, sharing in the upside across all of our business lines.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed