Job OverviewLPL Financial is seeking a Vice President, Product Management for Advisory Platforms within LPL's Wealth Management Products organization - one of the most visible groups in our firm. As a trusted business partner, you will drive outcomes, lead cross-functional teams, and contribute the deep, thoughtful analysis that enables our leadership team to make informed decisions across our advisory platforms.
The Advisory Platforms product area is centered on the end-to-end capabilities advisors use to run their advisory business and the vendor relationships that support them - platform functionality, advisor workflows, and the partner ecosystem behind them. You will drive PI deliverables for the domain, working directly with your aligned technology partners and delivery teams to plan, commit, and deliver against the roadmap. You will also partner extensively with adjacent teams, including Model Management, to align on prioritization and sequencing so shared capabilities are delivered with minimal impact to those teams' own commitments.
You will collaborate on the strategy and vision for Advisory Platforms and own its implementation - translating agreed direction into roadmaps, requirements, prioritized backlogs, and delivered capabilities. Strategic direction is set in partnership with senior leadership and stakeholders; your accountability is making it real.
A key component of that vision is the build-out of LPL's tax overlay capabilities - tax-aware and tax-managed portfolio services delivered through our advisory platforms and overlay partners. You will lead the product execution behind this build-out, from capability definition and vendor selection through delivery, advisor enablement, and scale.
To be successful, you should bring a strong understanding of how financial professionals run their practice with a focus on advisory business - centralized portfolio management team operations, UMA and managed account structures, the interactions between parties involved in account management, tax-sensitive portfolio management, and investment management administration. A consulting mindset, fluency in the financial services regulatory environment, and command of Agile product development are critical. You will lead interactions with advisors, business leads, internal cross-functional teams, and external vendors to drive key outcomes in support of our strategy.
Responsibilities- Partner with leadership and stakeholders to shape the Advisory Platforms strategy and vision, and own the execution of that direction end to end.
- Translate agreed strategy into a 6-24 month roadmap with clear themes, expected outcomes, and value drivers, aligned with stakeholders and dependent teams.
- Lead the product execution of LPL's tax overlay build-out as a key component of the Advisory Platforms vision - defining capability requirements, sequencing delivery, and driving the cross-functional work needed to bring tax-managed services to market at scale.
- Define the tax overlay capability set in partnership with advisors, Advisory Programs business stakeholders, the Overlay Portfolio Management Group (OPMG), and vendor partners - including tax-loss harvesting, gain/loss budgeting, transition management, wash sale handling, tax-aware rebalancing, and client-level tax preferences.
- Drive PI deliverables for the domain - partnering with aligned technology teams through PI planning, commitment, and execution to ensure objectives are clear, dependencies and risks are identified early, and delivery stays on track.
- Own the vendor relationships for assigned advisory platforms - leading evaluation and selection, roadmap alignment, performance management, escalations, and contract and scope discussions, including RFPs and build-versus-buy analysis.
- Partner across the advisory organization and supporting functions to design the end-to-end operating model for new and enhanced advisory capabilities, including the workflows, controls, and disclosures required to operate them at scale, engaging Legal, Risk, and Compliance early.
- Partner with adjacent teams, including Model Management, to align on prioritization, sequencing, and delivery of shared capabilities with minimal impact to their own commitments.
- Define and prioritize the capabilities advisors need to run their advisory business, working from validated advisor, field, Advisory Programs, and OPMG input, and drive enablement and adoption with field, marketing, training, and service partners.
- Lead cross-functional teams and drive outcomes without direct authority; make day-to-day scope and prioritization tradeoffs within agreed strategic direction and escalate cross-product, funding, and vision-level decisions with clear options and recommendations.
- Define KPIs and success metrics - including tax overlay adoption, asset growth, and advisor-facing outcomes - and create best-in-class reporting and presentations on strategic plays and growth initiatives that are SVP+, C-Suite, and Board ready.
What are we looking for?We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused and team-oriented, and execute in a way that encourages creativity and continuous improvement.
Requirements- Bachelor's degree in a related field; MBA or other advanced degree preferred.
- 10+ years of experience in product management, management consulting, investment management, or program and project management, preferably within financial services or a related FinTech firm.
- 5+ years leading cross-functional teams in an Agile environment, including experience driving PI planning and delivery with technology partners.
- 5+ years experience with advisory or managed account platforms - advisor workflows, trading and rebalancing, or UMA/SMA account structures.
- 5+ years experience with tax overlay, tax-managed, or tax-aware portfolio management capabilities strongly preferred - including tax-loss harvesting, transition management, or overlay management services.
Core Competencies- Advisory Platform Expertise - Applies deep knowledge of advisory business, managed accounts, advisor workflows, and the regulatory environment.
- Execution Ownership - Converts agreed strategy into roadmaps, backlogs, PI commitments, and delivered capabilities on committed timelines.
- Tax Overlay & Tax-Aware Investing Knowledge - Understands tax-managed portfolio construction, harvesting, transition management, and the operational and regulatory implications of delivering them at scale.
- Vendor & Partner Management - Manages third-party platform relationships, roadmap alignment, performance, and escalations.
- Influence Without Authority - Aligns and mobilizes cross-functional teams; an expert consensus-builder across initiatives outside direct accountability.
- Agile Execution - Guides backlog management and PI delivery, enabling teams to deliver high-value solutions.
- Executive Communication - Expert written and oral communication; develops, presents, and gains approval on business cases and funding requests.
- Data-Driven Decision Making - Uses metrics, analytics, and insights to inform product and business recommendations.
What does your success look like in the first 90 days?- Immersing yourself in the advisory platform landscape - the capabilities, vendors, team processes and tools, the industry, and our advisors.
- Developing a working command of our current and target-state tax overlay capabilities, including vendor landscape, gaps, and dependencies.
- Establishing working relationships with key vendor partners, your aligned technology teams, and adjacent internal teams, including OPMG and Model Management.
- Building a clear view of the current roadmap, PI commitments, dependencies, and risks, and confirming execution priorities with leadership.
- Bringing fresh perspective, ideas, and critical thinking to how our growing team operates - consistently asking questions and pushing for progress over perfection.
Pay Range: $135,960.00 - $226,600.00
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. 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!
