Head of Distribution VP

Position Summary

The Head of Distribution-VP provides strategic leadership for advisor distribution, business development, and relationship management activities supporting the Alabama, Illinois, and Nebraska 529 Programs. This role drives asset growth, advisor engagement, sales effectiveness, and market expansion through the development and execution of distribution strategies and advisor-focused initiatives. The position leads a team of internal wholesalers and regional/national relationship managers, overseeing advisor recruitment, retention, and relationship development across financial advisor, Registered Investment Advisor (RIA), broker-dealer, and home office channels.

As a member of the 529 leadership team, the Head of Distribution-VP leverages market insights and performance analytics to drive strategic decision-making, optimize distribution effectiveness, and identify growth opportunities while serving as a subject matter expert on 529 plans and advisor education.

• Develop and execute the strategic distribution and sales plan for the UBT 529 Division, establishing objectives, priorities, performance measures, and growth initiatives designed to increase advisor engagement, market share, assets under management, and overall plan adoption.
• Lead the distribution function by providing strategic direction, coaching, performance management, and professional development for team members while fostering a culture of accountability, collaboration, continuous improvement, and results-driven performance.
• Oversee advisor segmentation, territory management, business development strategies, and sales execution efforts to maximize advisor utilization and distribution effectiveness across targeted channels.
• Develop and maintain strategic relationships with financial advisors, Registered Investment Advisors (RIAs), broker-dealer home offices, and other key industry partners to support advisor recruitment, retention, satisfaction, and business growth.
• Represent the organization in high-level sales, relationship management, industry, and home office meetings, serving as a key ambassador for the UBT 529 Programs.
• Identify, cultivate, and expand opportunities within existing and prospective advisor channels through consultative sales strategies, relationship development, and market expansion initiatives.
• Serve as a subject matter expert on 529 plans, college savings strategies, investment offerings, and advisor practice management opportunities, providing education, guidance, and thought leadership to advisors and internal stakeholders.
• Develop and deliver educational presentations, webinars, workshops, and advisor-facing content designed to increase product knowledge, advisor engagement, and plan utilization.
• Design and oversee sales reporting, business analytics, Customer Relationship Management (CRM) utilization, performance dashboards, and management reporting to evaluate effectiveness, drive strategic decision-making, and optimize resource allocation.
• Analyze market trends, advisor behavior, competitor activity, distribution models, and legislative developments to identify opportunities, mitigate risks, and enhance overall business performance.
• Partner with internal and external stakeholders to coordinate distribution activities, align strategic initiatives, and enhance the overall advisor experience.
• Ensure compliance with all applicable regulatory requirements, securities regulations, internal policies, and industry best practices while maintaining appropriate licensing and professional credentials.
• Participate as a member of the 529 Division leadership team, contributing to organizational strategy, business planning, and enterprise-wide initiatives.
• Ensure team members are trained and comply with bank policy, laws, and regulations applicable to their roles. Monitor their adherence to internal controls and take action to address employee performance issues.
• Understand and adhere to all applicable bank policies, laws, and regulations applicable to the role. Complete required compliance training. Follow internal processes and controls as required.
• Report all compliance issues, violations of law or regulations in accordance with the steps defined in Bank policies.
• Perform or assist with other job-related duties, strategic planning initiatives or special projects as assigned.
• Regular and reliable attendance is an essential function of this position.

• Bachelor's degree in business, finance, marketing, economics, or a related field required; equivalent combination of education and experience may be considered.
• At least 10 years of progressive experience in financial services distribution, sales, relationship management, business development, or wholesaling, with a demonstrated record of achieving business growth objectives.
• Proven success developing and executing advisor distribution strategies, driving sales performance, and building strong relationships across financial advisor, RIA, broker-dealer, and…