VP, W2 Business Line Strategy Lead

LPL Financial•Charlotte, NY

12d

About The Position

This role will join the Strategy and Growth (S&G) team where we unite strategy, experience, and innovation to enhance the overall client experience for advisors, large enterprises, and institutions. S&G plays a critical role in everything from setting and executing on our firm’s strategic direction to developing and delivering powerful business services that help our clients succeed. With the goal of enhancing our client’s day to day experience in everything we do, we seek to proactively identify and address our clients' most significant challenges. Together, the BSI team works to establish LPL as the model of choice in Wealth Management. Our Advisor Business Strategy group is responsible for the development, evolution, and efficacy surrounding different LPL business models that serve independent minded financial advisors. Our independent employee business model was founded in 2020 to meet the needs of financial advisors that seek to exert aspects of independence while retaining the comprehensive support associated with a full-service employee channel. The home office team is looking to hire a mid-senior leader to support the high efficacy growth environment of our employee advisor channel. Reporting the SVP W2 Advisor Business Line Strategy, we are seeking someone with experience in, and a comprehensive understanding of, the advisor mediated financial advice space. The role is ideal for an individual interested in helping an earlier stage business line mature within the organization. As such, the employee in role is required to “wear a lot of hats” while working on a smaller team and delivering results via cross functional partnerships (marketing, finance, human capital, operations). The background of a successful candidate may vary and could include project management, corporate finance, consulting, or direct experience in an advisor’s office / branch management capacity.

Requirements

7+ years of experience in the advisor mediated wealth management space and a desire to be part of an entrepreneurial team
7+ years of experience managing projects within a cross functional organization

Nice To Haves

Strategic thinker, with the ability to delineate between root problems and symptoms
Strong presentation skills, including the ability to craft concise presentations for senior audiences
A self-starter that is comfortable working in a fast pace environment with ranging areas of focus
Awareness of and insights surrounding industry dynamics
Strong interpersonal skills, including the ability to “manage without authority” and get buy-in from partners in adjacent departments
High financial acumen, financial modeling expertise is a plus

Responsibilities

Help create and support multi-year growth plan for our Independent employee channel
Lead work surrounding our major change initiatives of model experience, profitability and growth while weighing potential shifts to the positioning and value prop of the offering
Work with corporate finance department to help budget, measure and track offering financials / P&L
Work with our key stakeholders across HR, corporate real estate and operations to build out the "employe platform" for our growing employee advisor population
Build out various operations and procedures to support and scale the W-2 platform
Evolve the succession planning roadmap for our Advisors who opt into the Liquidity and Succession model
Continually work with partners to expand our addressable market inside and outside of LPL