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Business Development Associate
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$113k-149k (estimate)
Full Time 4 Days Ago
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LPL Financial Services is Hiring a Business Development Associate Near Austin, TX

Do you enjoy prospecting and sales? Want to learn and grow at the nation's largest independent broker-dealer? Are you self-motivated and passionate about selling high quality products & services? If so, the Business Development Associate role could be for you!

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

Job Overview:

As the Business Development Associate (BDA), you will be responsible for driving Financial Advisor lead flow to LPL's Advisor Recruiting team in order to increase sales. This will be done through prospecting, lead qualification, and effective reporting. Primary prospecting efforts will be phone based (cold-calling) with supplemental efforts using digital means (email campaigns and social media).

If you want to learn and grow with us, this is the role for you. We have a robust career path where successful BDAs promote into Internal Regional Director (IRD) roles and from there have the opportunity to promote into our Regional Director (RD) roles.

Responsibilities:

* Prospect financial advisors to gauge/create interest in meeting with a LPL recruiter

* Use the news cycle, territory makeup and direction of the recruiters/leaders to execute on weekly prospecting campaigns

* Use independent judgement to qualify a lead, determining if the lead should be introduced to the pipeline by presenting to the Internal Regional Director or field Regional Director

* 100 outreaches per day - cold calls (primary), individual emails and social media outreaches (LinkedIn)

* Utilize Salesforce.com to track individual KPIs and understand the impact of lead flow on territory funnel and results

* Develop skillset, knowledge base and industry experience in order to qualify for next level opportunity as an Internal Regional Director.

What are we looking for?

We want high-energy, strong collaborators who can deliver a world class, sales 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:

* 1 years in a sales role; financial services experience preferred

* Bachelor's degree in Business, Finance or related areas preferred

* Ability to communicate effectively with leadership, field recruiting professionals, and internal recruiters

* Highly motivated and resilient by achieving sales targets consistently

* Ability to quickly build rapport, primarily via phone based communication

* Comfortable with some travel, two times per year for training

* Experience with MS Word, MS Excel, MS PowerPoint, Salesforce, MS Outlook

* Pay does not reflect total Comp/Potential*

Pay Range:

40,000 - 65, 000

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. This position is also eligible to earn sales incentive compensation. 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. This position is also eligible to earn sales incentive compensation. Your recruiter will be happy to discuss all that LPL has to offer!

Why LPL?

At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation's leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.

We are one team on one mission. We take care of our advisors, so they can take care of their clients.

Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees. We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.

Want to hear from our employees on what it's like to work at LPL? Watch this!

We take social responsibility seriously. Learn more here

Want to see info on our benefits? 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 (800) 877-7210.

Job Summary

JOB TYPE

Full Time

SALARY

$113k-149k (estimate)

POST DATE

05/03/2024

EXPIRATION DATE

05/19/2024

WEBSITE

cosenzawealth.com

HEADQUARTERS

San Diego, CA

SIZE

<25

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The following is the career advancement route for Business Development Associate positions, which can be used as a reference in future career path planning. As a Business Development Associate, it can be promoted into senior positions as a Business Development Associate IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Development Associate. You can explore the career advancement for a Business Development Associate below and select your interested title to get hiring information.

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If you are interested in becoming a Business Development Associate, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Business Development Associate for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Business Development Associate job description and responsibilities

Assist the business development team with the development of a business model, project budget, scope of work document, and business strategy.

12/23/2021: Chillicothe, OH

Coordinate meetings, calls, and appointments with top management and customers to discuss new business prospects and expansions.

02/28/2022: Trenton, NJ

A business development associate helps companies to boost growth and sales.

01/30/2022: Saint Cloud, MN

Building and maintaining long lasting business relationships with clients.

12/20/2021: Rochester, MN

Business Development Associate also help to manage risk by performing risk analysis and consumer behavioral analysis.

01/24/2022: Bergenfield, NJ

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Business Development Associate jobs

Companies frequently seek employees with marketing, business management, or sales experience.

01/19/2022: Lincoln, NE

A skilled business developer can form and nurture long-term partnerships that lead to additional leads and closed deals.

01/27/2022: San Jose, CA

Prior experience with proposal development, contract negotiation and closing a contract preferred.

02/23/2022: Savannah, GA

The person should be keen to develop and understand the requirements of global business from both a Mauritius and the other main financial centers.

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They rely on knowledge, theory and hands-on experience to help businesses to grow.

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Step 3: View the best colleges and universities for Business Development Associate.

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