VP, W2 Business Line Strategy Lead

What if you could build a career where ambition meets innovation? At LPL Financial, we empower professionals to shape their success while helping clients pursue their financial goals with confidence. What if you could have access to cutting-edge resources, a collaborative environment, and the freedom to make an impact? If you're ready to take the next step, discover what’s possible with LPL Financial.

Job Overview:

This role will join the Strategy and Growth (S&G) team where we unite strategy, experience, and innovation to enhance the overall client experience for advisors, large enterprises, and institutions. S&G plays a critical role in everything from setting and executing on our firm’s strategic direction to developing and delivering powerful business services that help our clients succeed. With the goal of enhancing our client’s day to day experience in everything we do, we seek to proactively identify and address our clients' most significant challenges. Together, the BSI team works to establish LPL as the model of choice in Wealth Management.

Our Advisor Business Strategy group is responsible for the development, evolution, and efficacy surrounding different LPL business models that serve independent minded financial advisors.  Our independent employee business model was founded in 2020 to meet the needs of financial advisors that seek to exert aspects of independence while retaining the comprehensive support associated with a full-service employee channel.  The home office team is looking to hire a mid-senior leader to support the high efficacy growth environment of our employee advisor channel.

Reporting the SVP W2 Advisor Business Line Strategy, we are seeking someone with experience in, and a comprehensive understanding of, the advisor mediated financial advice space.  The role is ideal for an individual interested in helping an earlier stage business line mature within the organization.  As such, the employee in role is required to “wear a lot of hats” while working on a smaller team and delivering results via cross functional partnerships (marketing, finance, human capital, operations). 

The background of a successful candidate may vary and could include project management, corporate finance, consulting, or direct experience in an advisor’s office / branch management capacity.

Responsibilities:

As a small team, we constantly evolve and match tasks based on acumen and interest in a specific domain.  Areas of focus may include:

• Help create and support multi-year growth plan for our Independent employee channel

• Lead work surrounding our major change initiatives of model experience, profitability and growth while weighing potential shifts to the positioning and value prop of the offering

• Work with corporate finance department to help budget, measure and track offering financials / P&L

• Work with our key stakeholders across HR, corporate real estate and operations to build out the "employe platform" for our growing employee advisor population

• Build out various operations and procedures to support and scale the W-2 platform

• Evolve the succession planning roadmap for our Advisors who opt into the Liquidity and Succession model

• Continually work with partners to expand our addressable market inside and outside of LPL

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, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements:

• 7+ years of experience in the advisor mediated wealth management space and a desire to be part of an entrepreneurial team

• 7+ years of experience managing projects within a cross functional organization

Preferences:

• Strategic thinker, with the ability to delineate between root problems and symptoms

• Strong presentation skills, including the ability to craft concise presentations for senior audiences

• A self-starter that is comfortable working in a fast pace environment with ranging areas of focus

• Awareness of and insights surrounding industry dynamics

• Strong interpersonal skills, including the ability to “manage without authority” and get buy-in from partners in adjacent departments

• High financial acumen, financial modeling expertise is a plus

 

Pay Range:

$144,525-$240,875/year
 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!
 

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. LPL supports over 29,000 financial advisors and the wealth-management practices of 1,100 financial institution, servicing and custodying approximately $1.9 trillion in brokerage and advisory assets on behalf of approximately 7 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.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

For further information about LPL, please visit www.lpl.com.

Join LPL Financial: Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation’s leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

Why LPL?

• Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here!

• Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here!

• Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients. Learn more about our mission and values here!

• Impactful Work: Our size is just right for you to make a real impact. Learn more here!

• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!

• Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!

• Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. Learn more here!

Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.

Information on Interviews:

LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum.  During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card.  Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at (855) 575-6947.

EAC1.22.25