Director, Practice Management

Department: Practice Synergies

Employment Type: Full Time

Location: Tampa, FL

Compensation: $110,000 - $130,000 / year

Description

The Director, Practice Management will play a pivotal role in driving operational efficiency, growth, and strategy within independent financial advisory firms with a particular focus on AI adoption and integration. The ideal candidate will possess a strong background in practice management, technology implementation, and business development, along with hands-on experience utilizing AI at both the corporate and advisory firm levels. This role will involve both strategic leadership and hands-on program management, focusing on developing group coaching and consulting programs designed to enhance practice management for independent financial advisors.

Responsibilities

Practice Management & Operational Efficiency:

• Lead initiatives to improve operational efficiency across financial advisory practices.
• Develop and implement growth strategies for independent advisory firms, focusing on client acquisition, retention, and profitability.
• Oversee the implementation of technology solutions that improve firm-wide operations, including CRM systems, financial planning tools, and back-office processes.
• Provide ongoing practice management support, ensuring the integration of best practices for day-to-day operations.
  
  

Program Management & Development

• Design and implement group coaching and consulting programs aimed at improving practice management for financial advisory firms.
• Lead and manage program initiatives, including developing content, curriculum, and program materials that align with the needs of independent advisors.
• Work closely with internal stakeholders and external partners to refine program offerings and ensure alignment with firm goals.
  
  

AI Integration & Corporate-Level Strategy

• Utilize AI technologies to develop a training agent and coaching agent for financial advisory firms, enhancing advisor performance and practice management.
• Oversee the implementation and integration of AI solutions across both the corporate level and at the independent advisory firm level.
• Drive the use of AI tools within advisor offices to automate administrative tasks, enhance client experiences, and streamline business operations.
• Collaborate with the AI development team to ensure tools are user-friendly, effective, and meet the needs of financial advisors.
  
  

Leadership & Personnel Management

• Lead, manage, and mentor teams focused on practice management, AI integration, and program development.
• Work closely with cross-functional teams, including marketing, operations, and technology, to ensure alignment of practice management programs and AI tools with firm goals.
• Provide ongoing training and support to team members, empowering them to implement strategies that drive growth and operational success.
  
  

Business Planning & Strategy

• Collaborate with senior leadership to develop and implement strategic business plans that drive growth, profitability, and operational excellence.
• Use data-driven insights to assess and refine business strategies, ensuring alignment with both short-term and long-term firm goals.
• Support the firm’s leadership in identifying new opportunities for growth, market positioning, and client engagement.
  
  

Qualifications

• Bachelor's degree required. Finance, Economics, or related area of study preferred.
• 3 or more years of experience in practice management for independent financial advisory firms, with a proven track record of driving operational efficiency, growth, and technology implementation.
• Extensive experience in developing and implementing business plans, growth strategies, and technology solutions within the financial services industry.
• Strong understanding of the independent advisory firm ecosystem, including client management, back-office operations, and service delivery.
• Experience in program management, particularly in developing coaching and consulting programs for financial advisors.
• Demonstrated experience in implementing AI solutions at the corporate level or within independent financial advisory practices.
• Strong project management skills with the ability to lead cross-functional teams and manage multiple initiatives simultaneously.
• Deep knowledge of financial technology platforms, CRM systems, and practice management tools with a particular focus on how automation drives business growth.
• Expertise in AI and its applications within the financial services industry, particularly in enhancing advisor operational efficiency and advisor performance.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with senior leadership and advisory teams.
• Strategic thinking and problem-solving capabilities, with a focus on innovation and continuous improvement.
• Innovative thinking and a willingness to bring new ideas to the table.
• Ability to navigate complex situations with advisor teams with tact and confidence and flexibility to engage with various roles and skill levels within advisor offices.
  
  

Benefits

• 401(k) matching
• Dental Insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance
• Equity