Market Director
About the role
The Market Director is a key area leader to help drive growth through advisor teams and future team leaders to serve Thrivent’s clients. The role should be experienced in the financial services industry with a strong expertise and ability to deliver purpose-based advice.
Responsibilities
- Attract and Retain Talent
- Build and execute a plan to recruit quality talent by developing trusting relationships within broad networks, leverage and grow your personal centers of influence (COI) to obtain referrals for talent to fit across channels.
- Maintain consistent recruiting pipeline to support the market capacity growth and total sales objectives through advisor referrals and community relationships.
- Collaborate with all channel stakeholders to source candidates into open roles across all channels (ex: Virtual Advice, team sales and support roles, etc.).
- In partnership with your matrix team, actively manage and engage with candidates in all phases of selection, licensing and launch.
- Conduct selection interviews, assess candidates and confidently communicate Thrivent’s unique value proposition.
- Establish relationships with matrix partners for resources and support to develop and grow talent for teams and future team leaders.
- Develop and Launch FA Practices
- Demonstrate mastery of the Thrivent Financial Advice Process and be able to model and coach on all elements.
- Provide consistent launch support for new financial advisors in their first year while working alongside launch matrix partners.
- Support financial advisors and teams to develop/execute a business plan to achieve their goals that leverage relationships within their natural market, referrals, and communities in partnership with the Member Engagement team and Marketing team.
- Conduct joint field work with financial advisors to observe, offer feedback and help with case consultation, and delivery as needed.
- Align with matrixed partners to grow future team leaders and team members.
- Ensure the use of Thrivent advice tools during the sales process.
- Connect with local leadership and matrix partners to stay informed on best practices and changes that directly impact the business.
- Market Management and Culture
- Engage financial advisors in the market by providing opportunities for learning, development, and connections to build up confidence, competence, and culture.
- Develop a healthy culture within the market, driving strong market results, and ensuring a culture of excellence in the team.
- Ensure collaboration with matrix partners to support new financial advisors.
- Facilitate connections between new financial advisors and experienced financial advisors to provide additional joint field work or practice experiences for new financial advisors.
- Support and foster the culture created with the area vice president and channel stakeholders.
- Working in the Matrix
- Serve as a point of contact for relationships with dedicated matrix partners and establish ongoing cadence for connections.
- Execute plans for integration and leverage within the market.
- Engage all matrix partners to leverage their expertise and skills for business processes and systems.
- Work with the Community Engagement team and others to develop and implement advisor growth plans.
Qualifications & Skills
- Four-year college degree strongly preferred.
- 5+ Years in the financial service industry attracting and hiring new talent preferred.
- Demonstrated track record of attracting, selecting, and developing financial advisors.
- Experience hiring financial advisor on teams.
- Experience in leading groups, specifically in presenting and facilitating to drive understanding of concepts and practices that lead to new financial advisor success.
- Demonstrated track record of solid sales results (i.e. L/H/A, investments, etc.) and alignment to providing clients wholistic, purpose-based advice.
- Experience in using the Thrivent Financial Advice Process, Salesforce and other Thrivent tools and systems and ability and willingness to model, promote, and demonstrate usage of tools as needed.
- Will and skill to commit to joint field work expectations.
- FINRA Series 7, 63/65 or 66 required or obtained within 90 days.
- State insurance licensed and appointed in life, health and variable lines of authority or attained within 90 days.
- State securities registered and insurance licensed and appointed in all states that comprise the Advisor Group or are aligned to specific financial advisors that are assigned.
- Satisfactory background check and clean compliance record.
- Flexibility to travel within the area (may include overnight), up to 50%, and conduct business during evening hours.
- Must have own vehicle to use for business purposes.
- Demonstrated track record of satisfactory performance.
Pay
Pay Transparency
Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent.
Compensation for this role is a combination of base, bonus, and incentives. The applicable total compensation range for this full-time role is $145,000 - $211,000 per year, which is dependent upon performance and factors in various geographic regions.
Benefits
- various bonuses (including, for example, annual or long-term incentives)
- medical, dental, and vision insurance
- health savings account
- flexible spending account
- 401k
- pension
- life and accidental death and dismemberment insurance
- disability insurance
- supplemental protection insurance
- 20 days of Paid Time Off each year
- Sick and Safe Time
- 10 paid company holidays
- Volunteer Time Off
- paid parental leave
- EAP
- well-being benefits, and other employee benefits