Practice Management Lead

About the role

As a Practice Management Lead, you will serve as a consultative partner to financial advisory firms, helping advisors build healthier, more scalable, and more valuable businesses. This role evaluates advisor business operations, identifies opportunities for improvement, and recommends practical strategies across operational efficiency, organizational design, business planning, profitability, client segmentation, capacity planning, pricing, service models, and sustainable growth.

The Practice Management Lead partners directly with advisor leadership teams to facilitate planning discussions, coach implementation, and drive measurable business improvement. This role also collaborates with internal technology consulting and behavioral finance partners to deliver comprehensive business consulting solutions while maintaining ownership of the core practice management workstream.

It is anticipated that an incumbent in this role will work as a Hybrid employee, with three (3) or more days each week required on-site at one of the listed office locations. Candidates should be located within a commutable distance to an office.

Responsibilities

• Consult with financial advisory firms to evaluate business operations, identify opportunities, and develop actionable strategies that support growth, scalability, profitability, and enterprise value
• Lead practice management engagements focused on operational efficiency, organizational design, business planning, capacity planning, pricing, service models, client segmentation, and sustainable growth strategies
• Advise advisor leadership teams on staffing models, delegation, role clarity, organizational structure, and capacity needs to support scalable business operations
• Facilitate strategic planning sessions, business reviews, accountability meetings, workshops, and educational presentations with advisors and firm leadership teams
• Coach advisors through operational and organizational change, helping translate recommendations into practical implementation plans and measurable outcomes
• Develop, refine, and maintain repeatable consulting frameworks, tools, playbooks, diagnostics, and best practices for the Business Consulting team
• Analyze advisor business models, financial metrics, benchmarking data, operational KPIs, and practice management trends to inform recommendations and decision-making
• Collaborate with internal technology consultants, behavioral finance specialists, and other cross-functional partners to deliver comprehensive consulting solutions aligned to advisor needs
• Create and deliver thought leadership, webinars, training materials, and advisor education content on practice management and business optimization topics
• Stay informed on industry trends, best practices, and emerging issues impacting independent advisory firms, RIAs, broker-dealers, and wealth management organizations

Requirements

• Strong business acumen with the ability to assess advisor business models, operational needs, growth opportunities, and financial performance drivers
• Effective consulting, facilitation, coaching, and executive communication skills
• Ability to influence stakeholders, guide decision-making, and support organizational change with advisor leadership teams
• Strong analytical, problem-solving, and critical thinking skills with the ability to interpret business diagnostics, financial metrics, benchmarking data, and operational KPIs
• Ability to develop practical recommendations, implementation plans, and scalable consulting resources
• Ability to build and sustain trusted professional relationships with advisors, business owners, and internal partners
• Effective written, listening, presentation, and verbal communication skills
• Ability to manage multiple priorities, work independently, and maintain attention to detail in a client-facing environment
• Proficient skills with Microsoft Office software including Word, Excel, PowerPoint, and Outlook
• Minimum of a Bachelor’s degree
• Minimum of 5 years of experience in practice management, business consulting, management consulting, financial advisory firm leadership, wealth management, or a related field

Qualifications

• Advanced degree or relevant industry designation, such as CFP (preferred)
• Experience advising business owners or leadership teams on growth, operations, organizational effectiveness, profitability, or strategic planning (preferred)
• Experience working with independent RIAs, broker-dealers, financial advisory firms, or wealth management organizations (preferred)
• Experience developing consulting methodologies, playbooks, advisor education programs, or business optimization frameworks (preferred)
• Public speaking, workshop facilitation, or executive presentation experience (preferred)

Skills

• Behavioral Finance
• Client-Centric
• Effective Communication
• Finance Strategy
• Innovation
• Quantitative Research
• Technical Proficiency
• Time Management
• Work Collaboratively

Pay

Salary Range: $113,942.00 - $178,877.00. The pay listed in this posting indicates the estimated pay at the time of this posting; however, may vary depending on geographic location, job-related knowledge, skills, and experience.

Benefits

• Health, dental, vision, and disability coverage (effective day one)
• 401(k) plan with employer match
• Paid parental leave
• Pet benefits including pawternity leave and pet insurance
• Student loan repayment