Vice President of Wealth Management

Wellby Financial•Webster, TX

About The Position

The Vice President of Wealth Management provides strategic leadership for the credit union’s financial planning, protection, and retirement programs. The role develops and executes program strategy, ensures high-quality advisory services that meet members’ financial needs, oversees financial advisors to drive growth and productivity, promotes collaboration and a member-focused culture, monitors key performance metrics, and ensures program profitability. The position sets the strategic vision and roadmap for the wealth management program; establishes sales goals and systems for measuring performance; leads financial strategy and acquisition initiatives; develops delivery-channel partnerships; and serves as the primary partner with LPL brokerage. The VP also works with technology and business teams to optimize platforms, systems, and tools, and mentors advisors and supports complex member engagements. The role recruits, develops, and coaches Financial Advisors, builds a team that provides comprehensive plans for high-net-worth individuals and families, and oversees regulatory, suitability, and compliance standards. It has supervisory responsibilities and uses independent judgment in making decisions. The position requires a bachelor’s degree in finance, business, management, or a related field, 10–12 years of relevant experience, at least five years of leadership experience, and specified securities and insurance licenses. This is a full-time, salaried exempt position. The work is performed in an office environment and may include onsite and offsite meetings. The role frequently requires remaining stationary, operating computers and office equipment, moving about the office, communicating in person, in writing, and by telephone, and occasionally lifting items weighing up to 25 pounds.

Requirements

Bachelor’s degree in finance, business, management, or a related field.
10–12 years of experience in financial services, wealth management, or customer service.
At least five years of leadership experience in financial services, wealth management, or a similar area.
Demonstrated success leading and scaling a wealth management or investment services program.
Series 7, Series 63, Series 65 or 66, and a Texas state-issued life and health insurance license.
Knowledge of financial markets, investment strategies, financial planning software, CRM systems, regulatory requirements, compliance standards, and brokerage and banking products and services.
Knowledge of strategic planning, business development, and performance management practices.
Knowledge of equities, fixed income, mutual funds, ETFs, alternatives, private markets, and structured products.
Ability to interpret complex financial data and make sound strategic decisions.
Ability to lead, mentor, and develop financial professionals.
Ability to manage risk while driving profitability and operational efficiency.
Ability to communicate clearly and concisely, orally and in writing, and maintain effective working relationships.
Ability to coordinate several concurrent activities and exercise independent judgment.
Familiarity with Office 365.
Must be bondable.
An equivalent combination of education and experience may substitute for the stated qualifications.

Nice To Haves

Experience in a credit union or community banking environment.
Series 24.
Certified Financial Planner (CFP).
Experience or skill with fee-based investment advisory accounts, including wrap accounts, separately managed accounts, professionally managed solutions, mutual funds, ETFs, UITs, and structured investment products.

Responsibilities

Provide strategic leadership for the wealth management program and ensure alignment with the credit union’s mission, purpose, and member needs.
Develop and refine the program’s strategic vision and roadmap, translating strategy into actionable business cases and initiatives.
Establish sales goals and strategies, assess performance against goals, and develop systems and tools to monitor results.
Lead financial strategy in collaboration with the marketing team, serving as the subject matter expert on go-to strategies and acquisition campaigns to maximize growth opportunities and return on investment.
Engage with Channel Leadership to develop and execute branch, ebranch, and contact center delivery partnerships and cross-channel activities with Business Development and Human Resources.
Serve as the primary partner with LPL brokerage, ensuring service-level agreements and deliverables are met and business plans are executed.
Partner with technology and business teams to optimize platforms, systems, and tools for current needs and future enhancements.
Mentor and co-lead complex or unique member engagements requiring in-depth evaluation across multiple areas, delivering long-term solutions.
Recruit, develop, and mentor Financial Advisors to expand program capacity, elevate performance, and support succession planning.
Coach Financial Advisors on pre-appointment, appointment, and post-appointment sales engagement processes, supporting both technical and interpersonal skills.
Build a team of Financial Advisors specializing in comprehensive wealth management plans for high-net-worth individuals and families.
Influence advisor behavior and business outcomes.
Oversee and enforce regulatory and suitability compliance so advice and recommendations meet established requirements.
Collaborate with cross-functional partners, including Strategy and Technology offices, to support program initiatives and seamless service delivery.
Foster a member-centric service culture and provide personalized financial solutions.
Ensure policies, procedures, and programs are consistently administered, aligned with organizational goals, and compliant with professional standards.
Perform other related duties as assigned.