Manager, Succession and Teaming Programs

TD•Toronto, ON

2d•CA$96,900 - CA$136,800•Onsite

About The Position

Reporting to the Senior Manager, Practice Successions and Teaming Programs, the Manager will be responsible for managing and executing the business succession programs for the Advisory businesses and supporting the field management teams. This role will assist and support the Senior Manager with developing and facilitating succession and teaming plans for Advisors to ensure a smooth transition for clients and team members.

Requirements

Undergraduate Degree (not exclusive list): Business Administration, Economics, Finance, Mathematics, Statistics or Commerce (MBA/ CFA/ CMA is an asset).
Industry related courses or designations are an asset
Minimum 5 years wealth management or financial industry experience
Strong interpersonal skills with an ability to build relationships, negotiate, impact & influence others
Highly self-motivated, self-disciplined, and comfortable in operating in a dynamic, fast‐paced environment
Demonstrated ability to collaborate among various businesses, balancing multiple partners needs to gain consensus
Strong presentation, coaching and training skills, ability to communicate clearly and concisely to a broad audience
Excellent verbal, written communication skills, with ability to create original written communication materials for use by investment professionals
The ability to work both as part of a team and independently to complete tasks, including working over and above a regular workday as required

Nice To Haves

MBA/ CFA/ CMA is an asset
Industry related courses or designations are an asset

Responsibilities

Manage and evolve Succession and Teaming programs
Develop policies and manage procedures for these programs for advisors and front office management teams
Provide consultation to Branch Managers and advisors on developing and executing a succession and teaming plan
Research, analyze and develop best in class solutions designed to address gaps and priorities aligned to business needs when transitioning clients between advisors
Develop and evolve Succession and Teaming agreements based on deal size and number of clients being transitioned
Develop, maintain, and evolve Succession and Teaming resource center for advisors and front office management teams
Develop, maintain, and evolve processes to facilitate Succession and Teaming payments and recoveries between Divesting and Inheriting advisors
Develop education and training sessions for Branch Managers and Advisors on developing and executing a succession plan
Proactively work with branch leadership and advisors to have a succession and teaming plans in place for eligible advisors
Identify opportunities to engage with top tiered advisors on long term succession plans – President's Club & Merit Club
Provide industry trends and insights on number of advisors transitioning their business, price valuations and client attrition rates
Manage, analyze, and draw insights from data to inform priorities and initiatives, including post-implementation reviews and program analysis to ensure solutions continue to meet business strategy and vision
Other general duties to support and such as participation in overall strategy, design, development, and implementation
Identify opportunities to streamline end to end processes
Define, document & implement policies and procedures for business succession while adhering to regulatory requirements
Actively manage relationships within and across various business lines, and ensure alignment with enterprise and/or regulatory requirements