Vice President Private Wealth Management Leader

Fidelity will not provide immigration sponsorship for this position.

Job Description:

Vice President, Private Wealth Management

The Purpose of Your Role

The VP, Private Wealth Management Leader will report to the Regional Vice President, Private Wealth Management and is responsible for leading Wealth Management Advisors (WMA) within the PWM organization. This role will be aligned to a territory spanning multiple Investor Center markets.

The VP, PWM Leader is responsible for ensuring consistent execution across integrated planning and support teams that will embrace the PWM brand, cultivate meaningful client relationships and drive positive business opportunities and client outcomes.  

Primary Responsibilities

·         Builds and develops a high-performing WMA team through effective talent acquisition, hiring, onboarding, coaching, and performance management. Establish clear performance expectations and accountability standards and conduct regular performance reviews and practice reviews

·         Foster a culture of collaboration, professionalism, strong work ethic, and continuous improvement across teams

·         Enable high-performing PWM teams through resource utilization and collaboration with regional leadership teams to promote alignment. Accountable for overall business results within the territory their teams cover – including but not limited to customer loyalty, AUA/AUM growth, and client engagement

·         Responsible for effective adoption and implementation of technology, training, and other new initiatives/priorities

·         Ensure compliance with regulatory requirements, perform periodic reviews, and provide oversight for all audit related issues

·         Support cross-Wealth and cross-company partnerships designed to drive additional business opportunities and growth.

The Skills You Bring

• An enthusiasm for hiring, coaching, and developing high-performing talent inspired by a passion for working collaboratively and championing new ideas
• Solid understanding of High Net Worth (HNW) products and services, consultative skills and planning/guidance tools
• Superior presentation and communication skills with the ability to build strategic partnerships at any level within and outside the firm
• Strong interpersonal skills and a team player
• Ability to navigate a complex, multi-level business environment to deliver results
• Ability to work autonomously and through ambiguity, managing multiple conflicting priorities
• Excellent planning, organizing and time management skills
• Ability to travel locally and regionally

Education and Experience

• Active Series 7 (General Securities) and Series 9/10(General Supervisory Principal) and Series 66 (Investment Advisor) licenses required
• Bachelor's degree and advanced degree preferred. CFP, CFA or equivalent recommended
• Deep knowledge in institutional sales & relationship management, wealth planning and benefits guidance
• A minimum of 5+ years of relevant financial services and leadership experience
• Proven track record of building and developing high-performing, dispersed, client facing teams
• Experience in the HNW space, including managing complex wealth management client issues and escalations

Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

The base salary range for this position is $96,000-$210,000 per year.  

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.   

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.  These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.  Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Certifications:

Series 07 - FINRA, Series 09 - FINRA, Series 10 - FINRA, Series 66 - FINRA

Category:

Sales