AVP, W2 Business Line Strategy

Overview

Job Overview:
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 setting and executing the firm’s strategic direction and in developing and delivering business services that help our clients succeed. We seek to proactively identify and address our clients' most significant challenges, with the BSI team aiming to establish LPL as the model of choice in Wealth Management.

Our Advisor Business Strategy group is responsible for the development, evolution, and efficacy of different LPL business models that serve independent-minded financial advisors. The home office team is looking to hire a mid-senior leader to support the growth environment of our employee advisor channel. Reporting the SVP W2 Advisor Business Line Strategy, the role requires experience in the advisor-mediated financial advice space and the ability to help an earlier stage business line mature within the organization.

The role involves wearing multiple hats and delivering results via cross-functional partnerships (marketing, finance, human capital, operations). The background of a successful candidate may include project management, corporate finance, consulting, or direct experience in an advisor’s office / branch management capacity.

• Help create and support a multi-year growth plan for our Independent employee channel
• Lead work surrounding major change initiatives of model experience, profitability and growth while weighing potential shifts to the positioning and value proposition of the offering
• Work with the corporate finance department to help budget, measure and track offering financials / P&L
• Collaborate with key stakeholders across HR, corporate real estate and operations to build out the "employee 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 Advisors who opt into the Liquidity and Succession model
• Continually work with partners to expand our addressable market inside and outside of LPL

We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.

• 3-7 years of experience in the advisor mediated wealth management space and a desire to be part of an entrepreneurial team
• 3-7 years of experience operating on projects within a cross-functional organization

• Strong presentation skills, including the ability to craft concise presentations for senior audiences
• Strong quantitative analysis skills, including experience with Excel (Tableau a plus)

• Strategic thinker, with the ability to delineate between root problems and symptoms
• A self-starter that is comfortable working in a fast-paced 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

$117,922-$196,537/year

Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is designed to support your success at work, at home, and at play (e.g., 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more).

Your recruiter will discuss all that LPL has to offer!

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…