Vice President, Regional Branch Manager

Job Overview

We are seeking individuals based in either New Jersey or Pennsylvania to support the Northeast U.S. territory. We are seeking a Field Leader to support and empower Commonwealth professionals in achieving their success. This role will serve as a key leader in supporting financial advisors within our independent employee channel for LPL, including driving the profitability of a region that will expand to encompass multiple branches.

Responsibilities

• Partner with advisors to create and implement business growth
• Maintaining high advisor retention and satisfaction
• Selling the mission and vision of the Employee Channel to advisors
• Helping transition new teams to LPL
• Building and maintaining strong advisor relationships while balancing profitability

Requirements

• 7+ years of branch experience either in a role of branch manager, branch operations/service or branch administration
• Bachelor's degree
• 10 years+ of financial services experience
• Willingness to travel to branch offices as needed

Core Competencies

• Strategic Agility: Approaches strategy with an entrepreneurial mindset. Uses critical thinking to increase the value proposition that translates into market advantages.
• Problem solving and Decision making: Focuses on customer-centric process that frames the right hypothesis. Uses human-centric design thinking to work back from the customer experience. Develops a fact base to inform solutions.
• Operational Execution: Develops roadmaps, milestones and operational metrics that align with anecdotal evidence. Communicates the journey and uses iterative cycles at pace to support continuous learning and improve outcomes. Sets a high bar for results through repeatable, sustainable processes.
• Talent Management: Reputation for building strong, motivated teams at scale with the ability to recruit top professionals, attract followers and develop top talent.
• Advocacy: Ability to collaborate internally and externally to ensure the channel is a top priority with internal peers so that it receives the focus and attention it needs to be successful.

Preferences

• Experience in both a branch and home office
• Managing multiple offices
• Experience as a branch manager
• Strong wealth management experience and a track record of bringing on recruits and integrating them into a new firm
• Able to motivate employees, build teams and drive outcomes
• Strong interpersonal skills, with the ability to build trust and respect while at the same time being able to maintain the integrity of the model
• A highly strategic thinker, with the ability to assess complex problems, prioritize key issues, focus on relevant facts and maintain a strong execution focus
• Strong communication skills, both written and oral, with the ability to present materials to the highest levels in the organization and serve as a recognized subject matter expert, as well as the ability to frame complex issues visually
• Demonstrated ability to influence at all levels and lead change
• Strong gravitas and executive presence
• Awareness of industry dynamics and best practices

Total Target Compensation

Total Target Compensation: $300,000-$350,000
Pay Range: $204,867.00 - $341,445.00
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.

LPL Total Rewards Package

• 401K matching
• health benefits
• employee stock options
• paid time off
• volunteer time off

Company Overview

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(6), LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses.