VP, Advisory Programs

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 22,000 financial advisors, 1,100 institution-based investment programs, and 500 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

Job Overview:

The Advisory Platforms team within LPL’s Business & Wealth Solutions (BWS) group is responsible for delivering a highly competitive suite of managed account advisory programs.  This includes curation and management of the platform and product offering, revenue/pricing economics, advisor/client usage of advisory programs, and advisory program impact on operational activities.  The team’s goal from an investment platform management perspective is to deliver a world class suite of investment programs to our advisors’ and investors’ while providing an appropriate return on investment for the firm.

The Vice President, Advisory Platforms will be responsible for leading our Rep as PM program, which includes driving large initiatives to increase adoption and managing numerous technology improvements.  This position requires significant experience leading advisory solutions, strong analytical skills, the ability to manage multiple bodies of rapidly evolving work simultaneously and creatively defining and executing plans to solve highly complex problems within a vertically integrated and dynamic organization.  A successful candidate will demonstrate strategic and creative thinking skills, a strong ability to turn analytics into compelling insights, and be capable of communicating program strategy and direction to executive leadership. 

This position will own the responsibility for partnering with cross-functional stakeholders and executives across the firm to:

• Create and maintain a three-year business plan for the Rep as PM program, including thematic planned enhancements to the advisory experience (e.g. advisor workstation, trading, supervision, etc.)

• Generate economic revenue scenarios to remain competitive in the marketplace and improve overall advisory platform adoption

• Take a problem, identify and recruit partners in relevant areas of the firm, then prioritize and implement solutions in a timely fashion

• Lead the implementation of new offerings through the evaluation of prototypes and pilots and eventual launch and support of these new offerings

Responsibilities:

• Leverage the organization to develop and execute detailed, tactical plans to enhance the advisory experience

• Work closely with cross-functional teams to develop feature set priorities to execute and achieve the overall strategic program vision

• Synthesize internal and industry data into themes and patterns to provide insights and data-driven recommendations

• Build cross-functional relationships to establish a collaborative environment at all levels of the organization to create a more collaborative team

• Achieve alignment by communicating decisions and outcomes to various levels throughout the organization

• Create and deliver presentations for senior members of the organization

• Complete ad-hoc assignments that assist in development and implementation of strategies and new processes

• Provide research, analysis, project management and project support on a variety of strategic initiatives

Requirements:

• 10+ years business experience with advisory platforms

Preferences:

• 5 plus years experience with Rep-As-PM highly preferred

• BA/MBA degree preferred

Core Competencies:

• Background in client-facing experience, financial services, technology project management, and/or R&D a plus

• Excellent communication skills, both written and oral, with the ability to present materials to the highest levels in the organization, and the ability to frame complex issues

• Strong analytical skills with a demonstrated ability to evaluate business opportunities within the context of a larger organization and its objectives

• Entrepreneurial perspective, self-starter, ability to work with minimal supervision

• Exceptional problem solving and critical thinking skills

• Project management / multi-tasking skills across different project

Pay Range:

$139,100.00 - $231,900.00

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 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. Your recruiter will be happy to discuss all that LPL has to offer!

Why LPL? 

At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation’s leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.

We are one team on one mission. We take care of our advisors, so they can take care of their clients.

Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees. We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.

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Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.

Information on Interviews:

LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum.  During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card.  Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at (855) 575-6947.