LPL Financial

AVP, Business Development

LPL Financial$127K — $212K *
US-Anywhere
+ 3 other locationsRemote
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in broker/dealer business development or related roles
  • Proven track record in identifying and closing business opportunities
  • Superior verbal and written communication skills
  • Strong consultative skills
  • Excellent time management and organizational abilities

Responsibilities

  • Establish and nurture a network of centers of influence
  • Manage a recruiting pipeline for transitioning financial advisors
  • Evaluate advisor practices for compliance and asset transferability
  • Negotiate and present competitive offerings with the Advisor Capital team
  • Build and sustain vital internal and external relationships
  • Keep recruiting pipeline updated in Salesforce
  • Develop strategies to engage recruits and expand the pipeline
  • Achieve monthly KPIs in calls and meetings

Benefits

  • 401K matching
  • Health benefits
  • Employee stock options
  • Paid time off
  • Volunteer time off
  • Comprehensive Total Rewards package
Full Job Description
Job Overview:

The Assistant Vice President, Associate Regional Director of Business Development is responsible for recruiting high quality financial advisors to the LPL Financial Platform from all channels of distribution (independent, regional, wirehouse). You will be working with a Regional Director and Internal Regional Director with responsibility for recruiting advisors into our Core offerings.

Responsibilities:
  • Establish and maintain a network of centers of influence (COI)
  • Create and manage a recruiting pipeline to transition candidates (Financial Advisors) to LPL
  • Evaluate advisor practices to ensure transferability of assets and adherence to corporate compliance and affiliation standards.
  • Strong negotiation skills and the ability to compile and present competitive offerings in partnership with the firm's Advisor Capital team.
  • Build and maintain strong internal and external relationships critical to success in the role.
  • Maintain up-to-date status of your recruiting pipeline within Salesforce
  • Develop and implement a strategy for engaging with existing recruits and for feeding / building the pipeline
  • Meet monthly KPI's required for the role - calls / meetings


What are we looking for?

We're looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.

Requirements:
  • 5+ years in a broker/dealer business development, asset management wholesaling, or an institutional custody sales role.
  • Verifiable track record of identifying, qualifying and closing business opportunities in assigned territory


Core Competencies:
  • Superior verbal and written communication skills are required
  • Consultative skills are a must
  • Commitment to follow-up and follow-through
  • Well-organized, strong time management skills
  • Team-player, positive "can-do" attitude


Preferences:
  • Series 7, 66, and 24 preferred
  • Saleforce


Pay Range:
127,500.00 - 212,500.00
The pay salary range is inclusive of base salary and potential sales incentive compensation based upon the applicable incentive compensation plan for this position. Base salary is determined on several factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Incentive compensation is dependent on achievement of goals set forth in the incentive compensation plan. 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!

About LPL Financial

LPL Financial is the largest organization of independent financial advisors in the United States. LPL Financial was formed in 1989 through the merger of two brokerage firms: Linsco (established in 1968) and Private Ledger (established in 1973); and has since expanded its number of independent financial advisors from a few hundred to more than 13,300 in 2012. LPL Financial has main office locations in Boston, Charlotte, and San Diego. Approximately 2,900 employees support financial advisors; financial institutions; and technology, custody, and clearing service subscribers with enabling technology, comprehensive clearing and compliance services, practice management programs and training, and independent research. LPL Financial advisors help clients meet investment goals with a number of financial services, including equities, bonds, mutual funds, annuities, insurance, and fee-based programs. Unlike many other brokerage firms, LPL Financial does not develop its own investment products, enabling the firm’s investment professionals to offer financial advice free from broker/dealer-inspired conflicts of interest.

LPL Financial Careers

Join the dynamic team at LPL Financial, a leader in the financial services industry, and be part of a company that values innovation, leadership, and professional growth. At LPL Financial, we offer unparalleled job opportunities that propel your career forward while fostering a culture of diversity and inclusion.

Work You’ll Do

At LPL Financial, you’ll engage in meaningful work that directly impacts our clients and the financial industry. As part of our team, you will: - Utilize your skills to drive innovation and operational excellence. - Collaborate with seasoned professionals in a culture that celebrates diversity and inclusion. - Lead projects that transform our services and client experiences at the intersection of technology and financial consultancy.

Join Our Market-Leading Team

LPL Financial is not just a company; it's a community where you can build a career. Our team of experts is dedicated to providing guidance and support that enhances your professional journey: - Participate in diversity training programs that prepare you for leadership roles within and beyond the company. - Engage in networking opportunities that connect you with industry leaders and peers. - Benefit from a robust suite of benefits designed to support your physical, emotional, and financial well-being.

Innovative Growth and Development

We believe in nurturing the growth of our employees through: - Comprehensive professional development programs that include certifications, seminars, and workshops. - Leadership tracks that encourage innovation and strategic thinking. - Internship programs that offer real-world experience and a pathway to full-time employment.

Explore Job Opportunities

Whether you’re just starting your career or looking for a new challenge, LPL Financial offers a range of positions from entry-level to executive. We are committed to hiring talented individuals who are passionate about the financial services industry and dedicated to client success. - Search open positions that match your skills and interests. - Prepare your resume and refine your interview techniques with our career resources. - Discover the rewards of a career at LPL Financial, where your ambitions are met with endless opportunities.

Stay Connected

Join our team and stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Search LPL Financial Jobs** - **Read Careers Blog**

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding opportunities that await at LPL Financial. At LPL Financial, we empower our employees to excel in their careers and lead the way in the financial services industry. Join us and make a difference with your passion, curiosity, and drive.
Learn more about LPL Financial
Size
6,059 employees
Market Cap
$16.6 billion
Industry
Net Income
$472.6 million
Founded
2006
5 Year Trend
+13.8%
Revenue
$5.8 billion
NASDAQ

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