What are the responsibilities and job description for the Managing Financial Advisor position at Wisepath Financial Group?
Managing Financial AdvisorLocation: Flexible / Remote
Employment Type: Full-Time
Licensing Required: Series 7 and 66 (or 65)
Minimum AUM: $25MM
About the Firm
A fast-growing, independent wealth management and advisory firm is seeking a seasoned Managing Financial Advisor to help lead practice expansion, mentor incoming advisors, and support both RIA and broker-dealer business lines. The firm is built around an advisor-first philosophy, offering high payouts, strong operational support, and meaningful leadership opportunities.
Role Overview
The Managing Financial Advisor will oversee client relationships, contribute to strategic direction, and participate in advisor recruitment and development. This position blends high-level production responsibilities with leadership and significant long‑term income potential.
Key Responsibilities
Client Management
- Manage and grow an existing book of business (minimum $25MM AUM).
- Deliver comprehensive financial planning and investment advisory services.
- Maintain high standards of client satisfaction and compliance.
Leadership & Growth
- Provide strategic input on practice management.
- Mentor and support newly hired advisors.
- Help shape the firm’s culture and long‑term growth strategy.
Advisor Recruitment
- Recruit advisors to both RIA and BD channels.
- Assist new advisors with onboarding and training.
- Build a scalable, collaborative advisor network.
Qualifications
- Active Series 7 and 66 (or 65).
- Minimum $25MM in AUM.
- 5–10 years advisory or financial planning experience.
- Strong understanding of RIA and BD models.
- Demonstrated success in client management and/or advisor recruitment.
Compensation & Incentives
RIA Payout
- Top-tier payout of 82.5%, without requiring proof of prior production.
Broker-Dealer Compensation
- Direct payouts from LPL Financial.
- Revenue share on advisors added to the BD channel.
- Override compensation on advisors personally recruited.
Transition Assistance
- LPL transition dollars, typically ~7.5 bps on qualifying rollover assets.
Insurance & Life Production
- Earn up to $43,000 annually from life production through Ameritas, in addition to personal production.
- Overrides on personal life insurance production and production from advisors recruited.
Recruitment Overrides
- Ongoing revenue participation for advisors brought into any channel.
Why This Opportunity Stands Out
- High payouts and attractive override structures.
- Significant income upside tied to recruiting and team growth.
- Independence with robust support.
- Direct access to top-tier platforms and transition incentives.
Employment Type: Full-Time
Licensing Required: Series 7 and 66 (or 65)
Minimum AUM: $25MM
About the Firm
A fast-growing, independent wealth management and advisory firm is seeking a seasoned Managing Financial Advisor to help lead practice expansion, mentor incoming advisors, and support both RIA and broker-dealer business lines. The firm is built around an advisor-first philosophy, offering high payouts, strong operational support, and meaningful leadership opportunities.
Role Overview
The Managing Financial Advisor will oversee client relationships, contribute to strategic direction, and participate in advisor recruitment and development. This position blends high-level production responsibilities with leadership and significant long‑term income potential.
Key Responsibilities
Client Management
- Manage and grow an existing book of business (minimum $25MM AUM).
- Deliver comprehensive financial planning and investment advisory services.
- Maintain high standards of client satisfaction and compliance.
Leadership & Growth
- Provide strategic input on practice management.
- Mentor and support newly hired advisors.
- Help shape the firm’s culture and long‑term growth strategy.
Advisor Recruitment
- Recruit advisors to both RIA and BD channels.
- Assist new advisors with onboarding and training.
- Build a scalable, collaborative advisor network.
Qualifications
- Active Series 7 and 66 (or 65).
- Minimum $25MM in AUM.
- 5–10 years advisory or financial planning experience.
- Strong understanding of RIA and BD models.
- Demonstrated success in client management and/or advisor recruitment.
Compensation & Incentives
RIA Payout
- Top-tier payout of 82.5%, without requiring proof of prior production.
Broker-Dealer Compensation
- Direct payouts from LPL Financial.
- Revenue share on advisors added to the BD channel.
- Override compensation on advisors personally recruited.
Transition Assistance
- LPL transition dollars, typically ~7.5 bps on qualifying rollover assets.
Insurance & Life Production
- Earn up to $43,000 annually from life production through Ameritas, in addition to personal production.
- Overrides on personal life insurance production and production from advisors recruited.
Recruitment Overrides
- Ongoing revenue participation for advisors brought into any channel.
Why This Opportunity Stands Out
- High payouts and attractive override structures.
- Significant income upside tied to recruiting and team growth.
- Independence with robust support.
- Direct access to top-tier platforms and transition incentives.
