Business Manager

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. It specializes in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance.

The Business Manager is a key contributor to a Financial Advisor team, responsible for developing strategy and ensuring execution related to multiple metrics and priorities across the team's business plan and goal deliverables. The role manages the team's business plan and practice financials, tracks progress with quantifiable business and activity goals, and ensures team daily activities align with practice metrics, goals, and objectives.

It also coordinates team assignments, projects, and key initiatives to ensure execution of the team's client service strategy.

• Business Strategy & Execution – Partner with Financial Advisors (FAs) and advisory teams to develop, implement, and execute the team’s business plan, translate strategic goals into actionable initiatives, timelines, and performance metrics, monitor business performance across key indicators, and adjust strategies to drive results.
• Practice Management & Financial Oversight – Manage and track practice financials, provide insights and reports to FAs on performance, trends, and opportunities for growth or efficiency, and support resource allocation and capacity planning.
• Performance Tracking & Analytics – Establish and maintain quantifiable business and activity goals, analyze data to identify trends and opportunities, and develop reporting dashboards and review cadence for accountability.
• Client Experience & Service Strategy – Oversee execution of the team’s client service model, ensure consistent delivery of a high-quality, personalized client experience, and identify opportunities to enhance engagement, retention, and satisfaction.
• Team Coordination & Leadership Support – Coordinate team assignments, workflow, and key initiatives, act as a central point of organization for projects, and provide leadership support through delegation, communication, and prioritization.
• Product & Platform Expertise – Maintain deep knowledge of wealth management products, services, and platforms; support FAs and clients with appropriate product positioning and solutions alignment; act as a subject‑matter resource on firm offerings.
• Risk Management & Compliance – Ensure adherence to regulatory requirements, firm policies, and supervisory procedures, proactively identify and mitigate operational, compliance, and business risks, and support SAFE Act requirements.
• Cross‑Functional Collaboration & Influence – Collaborate with internal partners (banking, lending, operations, compliance, marketing) to deliver integrated client solutions and influence outcomes without direct authority.

• Series 7, 63/65 or 66 or equivalent; must obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support.
• SAFE Act Registration; ADV‑2B required.
• Obtain and/or maintain at least one firm‑approved designation.
• Strong leadership, communication, and delegation skills.
• Understanding of how to deliver a strong overall client experience.
• Thorough knowledge and understanding of the suite of Wealth Management products and services.
• Proven ability to manage risk and make sound decisions with a deep understanding of industry regulations and supervisory requirements.
• Strong analytical skills with ability to identify trends, root cause, and implement improved processes to increase growth and mitigate risk.
• Ability to influence and demonstrate effective leadership through clear communication and collaboration with partners.

• Administrative Services
• Customer Experience Improvement
• Project Management
• Sales Performance Management
• Strategy Planning and Development
• Business Acumen
• Business Analytics
• Candidate Screening
• Coaching
• Continuous Improvement
• Account Management
• Process Simplification
• Reporting

High School Diploma / GED / Secondary School or equivalent.

1st shift (United States of America)

40

US – IL – Northbrook – 1033 Skokie Blvd (IL 3518)

Annualized salary: $65,000.00 – $96,000.00 (based on experience, education, and skill set).

Formulaic incentive eligible – participants are eligible for monthly, quarterly, or annual incentive opportunities based on performance against defined metrics.

Benefits eligible with industry‑leading benefits, paid time off, and resources to support employees in making a genuine impact and contributing to the sustainable growth of the business and communities served.