Vice President, Regional Branch Manager

LPL Financial • St. Louis, MO

1d • Onsite

About The Position

This role will play a key leadership role in the support of financial advisors in the Linsco employee channel for LPL, including the profitability of the region which will grow to include multi-branches. The successful leader will have a comprehensive understanding of the W2 advisor model. LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients. As the nation’s leading independent broker-dealer, LPL offers an integrated platform of cutting-edge technology, brokerage, and investment advisor services. LPL Financial is the nation’s largest independent broker-dealer, widely known for its financial strength, exceptional service, and favorable industry reputation among financial professionals. The core belief is that financial guidance is a fundamental need for everyone. LPL Financial creates the space to let you do what you do best – create personal, long-term client relationships that turn financial aspirations into realities. Each year, thousands of financial professionals successfully manage billions of dollars in assets. Because the company is not too big and not too small, you can seize the opportunity to make a real impact.

Requirements

• 7+ years of branch experience either in a role of branch manager, branch operations/service or branch administration
• Bachelor's degree
• Series 7, 66, 9, and 10
• 10 years+ of financial services experience
• Willingness to travel to branch offices as needed
• Strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments.
• Pursue greatness, act with integrity, and are driven to help our clients succeed.
• Embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.
• Strategic Agility: Approaches strategy with an entrepreneurial mindset. Uses critical thinking to increase the value proposition that translates into market advantages.
• Problem solving and Decision making: Focuses on customer-centric process that frames the right hypothesis. Uses human-centric design thinking to work back from the customer experience. Develops a fact base to inform solutions.
• Operational Execution: Develops roadmaps, milestones and operational metrics that align with anecdotal evidence. Communicates the journey and uses iterative cycles at pace to support continuous learning and improve outcomes. Sets a high bar for results through repeatable, sustainable processes.
• Talent Management: Reputation for building strong, motivated teams at scale with the ability to recruit top professionals, attract followers and develop top talent.
• Advocacy: Ability to collaborate internally and externally to ensure the channel is a top priority with internal peers so that it receives the focus and attention it needs to be successful.

Nice To Haves

• Experience in both a branch and home office strongly preferred
• Experience as a branch manager and managing multiple offices is preferred.
• Strong wealth management experience and a track record of bringing on recruits and integrating them into a new firm.
• Ability to motivate employees, build teams and drive outcomes
• Strong interpersonal skills, with the ability to build trust and respect while at the same time being able to maintain the integrity of the model
• A highly strategic thinker, with the ability to assess complex problems, prioritize key issues, focus on relevant facts and maintain a strong execution focus.
• Strong communication skills, both written and oral, with the ability to present materials to the highest levels in the organization and serve as a recognized subject matter expert, as well as the ability to frame complex issues visually.
• Demonstrated ability to influence at all levels and lead change.
• Strong gravitas and executive presence
• Awareness of industry dynamics and best practices

Responsibilities

• Partner with advisors to create and implement business growth
• Maintaining high advisor retention and satisfaction.
• Supporting the recruitment of advisors by selling them on the mission and vision of the Employee Chanel.
• Helping transition the new teams to LPL.
• Building and maintaining strong advisor relationships while at the same time balancing this against the profitability of the model.

Benefits

• 401K matching
• health benefits
• employee stock options
• paid time off
• volunteer time off
• Total Rewards package is highly competitive, designed to support your success at work, at home, and at play
• traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 1,001-5,000 employees