Managing Director - Wealth Advisory

Waldron Private Wealth

$180K — $220K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance or related field required.
  • CFP®, CFA®, JD, or relevant professional designation required; extensive experience may substitute for designation.
  • Minimum of 10 years in Wealth Advisory required; 12 years preferred.
  • At least 5 years managing a team of wealth advisors required; experience in RIA or Private Bank advising high-net-worth clients preferred.
  • Experience in leading, mentoring, and developing advisors or team members is essential.
  • Strong understanding of business development and coaching necessary.
  • Eligible for Investment Adviser Representative registration within 3 months.

Responsibilities

  • Lead development and performance of Wealth Advisors and Partners.
  • Drive consistency in client experience and advisory delivery.
  • Mentor Wealth Advisors and Partners in business development and client management.
  • Reinforce firmwide service standards and engagement expectations.
  • Coordinate on-the-job training to enhance advisor skills.
  • Provide feedback on advisor performance and activities for improvement.
  • Support advisors in client and business development activities.

Benefits

  • Opportunities for professional development and ongoing training.
  • Collaborative work environment with a focus on team performance.
  • Active involvement in firmwide initiatives to enhance client services.
  • Access to a network of high-net-worth client relationships.
Full Job Description
Waldron Private Wealth (Waldron) is looking for a Managing Director - Wealth Advisory to lead the performance, development, and service delivery of Wealth Advisors and Partners in Wealth Advisory teams. This role collaborates across firm leadership to promote growth of the firm while ensuring a high-quality, consistent client experience.

In this role you will:
  1. Lead the development and performance of Wealth Advisors and Partners, ensuring alignment with firm standards, expectations, and growth objectives.
  2. Drive consistency of client experience and advisory delivery across Wealth Advisory teams.
  3. Provide ongoing coaching and mentorship to Wealth Advisors and Partners to strengthen business development efforts, client relationship management, communication, and meeting leadership skills.
  4. Reinforce firmwide client service standards, advisory processes, and engagement expectations across advisors.
  5. Lead and support on-the-job training (OJT) for Wealth Advisors by coordinating exposure to client meetings, business development activities, and strategic discussions.
  6. Obtain and provide feedback on activities, presentations, and advisor performance to drive continuous improvement.
  7. Support the development of Wealth Advisors' and Partners' business development capabilities, including sourcing, networking, and relationship-building strategies.
  8. Serve as a senior resource to Wealth Advisors for client, prospect and COI related activities.
  9. Partner with Director of Wealth Advisory to align talent development and wealth advisory team strategy.
  10. Provide regular feedback to the Chief Advisory Officer regarding advisor performance, development needs, and readiness for advancement.
  11. Serve as a point of escalation for advisor-level client matters, as appropriate.
  12. Support internal training sessions, workshops, and development programs for advisors.
  13. Contribute to firmwide initiatives focused on advisor development, client experience, and service model improvements.

Education/Experience Requirements:
  • Bachelor's degree in finance or related field required.
  • CFP®, CFA®, JD, or other relevant professional designation required. Extensive experience may be considered in lieu of professional designation.
  • Minimum of ten (10) years of experience in Wealth Advisory required. Twelve (12) years preferred.
  • Minimum of five (5) years of experience managing a team of wealth advisors required. Specific experience in the RIA and/or Private Bank channel advising high-net-worth and ultra-high-net-worth client preferred.
  • Demonstrated experience leading, mentoring, and developing advisors or team members.
  • Demonstrated understanding of business development activities and coaching required.
  • Investment Adviser Representative registration eligibility required within 3 months of start date (e.g. CFP, ChFC, PFS, CFA, CIC, Series 65, or Series 66).

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