What are the responsibilities and job description for the Asset & Wealth Management, Private Wealth Management, Advisor Practice Management, Vice President - New York position at Goldman Sachs?
YOUR IMPACT
The Practice Management Vice President will play a pivotal role in driving the growth, efficiency, and scalability of our advisor franchises across Private Wealth Management (PWM). By partnering directly with Private Wealth Advisors, Regional Heads, and business leadership, this individual will act as a strategic consultant—coaching teams on business planning, organizational design, and operational excellence. Additionally, the Vice President will be instrumental in shaping the future of our talent pipeline by spearheading regional recruiting strategies and cultivating relationships with prospective advisor candidates. This role is best suited for a highly organized, relationship-oriented professional who enjoys partnering with stakeholders, solving complex business problems, and supporting advisor success at scale.
HOW YOU WILL FULFILL YOUR POTENTIAL
Partner with advisors to develop and refine business plans, growth strategies, and business development objectives
Share advisor best practices and facilitate knowledge exchange to support business growth and productivity
Consult with advisors on team structure, role definition, capacity planning, and organizational effectiveness
Help advisors identify opportunities to improve productivity, operational efficiency, and business scalability
Develop, maintain, and promote practice management tools, resources, and frameworks that support advisor success
Partner with Regional Heads and business leadership to identify business growth needs
Build and maintain regional recruiting pipelines through ongoing market engagement and relationship development
Cultivate relationships with prospective advisor candidates and maintain regular outreach to support long-term recruiting efforts
Support regional recruiting strategies, including market intelligence, pipeline tracking, and candidate engagement activities
Gather advisor and leadership feedback to identify emerging needs, trends, and opportunities for enhancement
Partner across Talent Strategy, Recruiting, and business leadership to support advisor growth and talent acquisition priorities
SKILLS AND QUALIFICATIONS
5 years of experience in Wealth Management, Advisor Development, Business Management, Practice Management, Recruiting, or a related field
Strong understanding of advisor business development, practice management, and wealth management business models
Experience coaching, consulting, or advising professionals on business growth, productivity, and organizational effectiveness
Demonstrated ability to build relationships and influence stakeholders across multiple levels of the organization
Strong understanding of advisor recruiting, talent acquisition, or business development strategy preferred
Excellent communication and presentation skills, with the ability to facilitate discussions and share best practices
Strong analytical and problem-solving skills with the ability to translate insights into actionable recommendations
Highly organized and capable of managing multiple initiatives simultaneously
Self-starter with strong ownership, follow-through, and stakeholder management skills
Proficiency in Microsoft Office applications, including Excel and PowerPoint
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. about our culture, benefits, and people at GS.com/careers.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. : https://www.goldmansachs.com/careers/footer/disability-statement.html
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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Salary Range
The expected base salary for this New York, NY, United States-based position is $115000-$270000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
Benefits:
Health Insurance, Vacation & Paid Time Off, Maternity & Paternity LeaveSalary : $115,000 - $270,000