What are the responsibilities and job description for the Director, Advisory Leadership Team position at focuspartners?
DIRECTOR, ADVISORY LEADERSHIP TEAM
Boston, MA
Bethesda, MD
Position Summary
The Director, Advisory Leadership Team serves as a primary liaison between the overall business objectives and evidence-based service framework of Focus Partners Wealth, and the seamless execution of advisory-led client experiences. This role serves as a strategic and accountability partner to Wealth Advisors and their teams across regions, driving the delivery of annual business planning processes to establish foundational consistency, set goals, and define accountabilities. The Director plays a central role in achieving net organic growth targets and fostering the development of our advisory teams, aligning their goals with the firm’s strategic objectives and driving team effectiveness.
Primary Responsibilities
- Adopt firm-wide vision and collaborate with senior leadership to align and execute on broad-scale goals and priorities.
- Execute and deliver business plans to regional advisory teams, tracking OKRs and annual goals.
- Lead the annual budget planning process for regional advisory teams, ensuring financial resource accountability.
- Champion regional growth initiatives to meet firm objectives.
- Develop action plans for consultative practice management, promoting continuous advisor and team development.
- Facilitate transition and succession planning alongside Transition Advisors for regional teams.
- Collaborate with the Onboarding, Integration, and Transactions teams to ensure smooth transitions for new firms.
- Conduct regular meetings with Wealth Advisors to track goals and ensure progress towards objectives.
- Ensure the promotion and adherence to strong compliance practices.
- Work closely with Managers on the Advisory Leadership Team on resource planning and workforce management.
- Coach and mentor advisors with timely and thoughtful feedback and guidance.
- Advocate for advisors and give voice and context to their diverse perspectives and experiences within the firm.
- Operate within a solutions-oriented framework to eliminate barriers for advisors, supporting exceptional client service and maximizing team efficiency and effectiveness.
- Lead the partnership with other departments to implement best practices and manage new firm rollouts.
- Connect advisors to available training and resources to equip them with the skills and knowledge needed to effectively manage their practice and stay aligned with the evolving firm.
- Participate actively within the Advisory Leadership Team as a collaborative, results-oriented leader.
- Develop and analyze meaningful practice metrics to help advisory teams achieve their goals.
- Cultivate a culture that reflects the firm's values, ensuring they are embraced within the advisory community.
- Travel: Approximately 25%, with the possibility of additional travel depending on business needs.