VP, Business Development

LPL Financial • Carapichaima, TN

1d

About The Position

Where Ambition Meets Innovation Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you’ll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals. Job Overview: The VP, Business Development Consultant within LPL's Business Development division will drive sales by identifying and aiding in the recruitment of premium segment financial advisors and teams. This position is responsible for attracting leading advisors to join LPL from the top global banks, wirehouses, and RIAs. This is a unique opportunity to help establish the firm’s presence in this segment of the market.

Requirements

• 10+ years of experience in the financial services industry, with a high level of proficiency in the RIA marketplace and in working with wirehouse advisors
• Willingness and ability to travel 60% of the time
• A successful track record of managing and closing complex sale
• Desire to be part of an entrepreneurial team and an ability to succeed within a dynamic, fast-paced environment
• Enthusiastic, polished, professional demeanor
• Superior verbal, written, and listening skills, with an ability to adapt to different audiences
• Consultative and relationship building skills a must
• Team-player with a positive "can-do" attitude
• Previous experience partnering with cross-functional teams and business leaders to manage, execute, and implement strategies that you designed
• Strong familiarity with the MS Office suite and Salesforce

Nice To Haves

• Series 7, 66, and 24 preferred

Responsibilities

• Develop sales and recruiting strategies; research, source, and engage with prospects
• Identify new prospective advisors within the target segment by making initial sales calls, as well as respond to inquiries
• Individually own certain advisor segments of the pipeline from initial contact to the advisor joining LPL working in close partnership with Regional Directors and Division Managers
• Meet with prospective advisors to effectively demonstrate LPL’s unique value proposition and address any questions or concerns
• Expertly navigate long sales cycles, often with multiple buying influences
• Utilize discretion and independent judgment in evaluating potential advisors to determine whether the advisor and their book of business is an appropriate candidate for LPL
• Train and educate internal staff on the nuances of recruiting premium segment wirehouse and bank advisors, as well as coaching the team on the competitive landscape and what hurdles we need to overcome in order to win the business
• Continually improve and evaluate recruitment practices, ideas, opportunities, and affinity partnerships to increase ability to source women advisors
• Understand and articulate LPL’s business model, LPL’s policies, the financial services industry, and the benefits of joining one of LPL’s affiliation options
• Partner with the BD leadership team on the continued evolution of LPL’s offering and capabilities to establish ourselves as the leading solution in the market
• Identify external organizations, local events, and conferences that create new sourcing channels, and attend events on behalf of LPL and the Business Development group
• Serve as a subject matter expert who can empower LPL’s business development team through consultation and partnership, and by providing them with resources to attract premium segment candidates in their territories
• Design, experiment, and test new approaches to attract diverse candidates
• Effectively leverage data to track key program performance indicators, identify trends, and ensure projects and programs align to company priorities

Benefits

• LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more.

What This Job Offers

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