Director, Advisor Practice Management

Morningstar Investment Management, LLC; Chicago (IL); Hybrid; USD 171,000 - 262,000; Full time

Benefits offered by this job

401k match up to 6%

Stock ownership potential

Company provided life insurance

Health benefits with HSA contributions

Wellness incentives

Disability insurance

Sabbatical program

Parental leave

Tuition reimbursement

Job summary

Morningstar Wealth is seeking a Director of Advisor Practice Management to lead advisor consulting and practice management strategy. This individual contributor role focuses on helping financial advisors build productive businesses while boosting advisor satisfaction and retention.

The director will deliver scalable programs, thought leadership, and coaching frameworks across growth, client acquisition, staffing, and succession planning, aligning Morningstar capabilities with advisor needs.

Qualifications

• Minimum 8 years of experience in wealth management, asset management, advisor consulting, or practice management.
• Bachelor's degree required.
• Significant experience working directly with financial advisors.
• Proven track record developing advisor-facing consulting programs and thought leadership.
• CFP and/or CIMA preferred; Series 7 + 66 licenses preferred.

Responsibilities

• Serve as a trusted practice management consultant to top advisor relationships.
• Conduct consultations, workshops, and coaching sessions with advisors and enterprise partners.
• Develop actionable recommendations supported by industry best practices and benchmarking.
• Create practice management frameworks, tools, assessments, and advisor-facing resources.
• Partner with sales, relationship managers, and portfolio specialists to deepen advisor relationships.

Skills

CFP certification

CIMA

Series 7 & 66 licenses

Experience with financial advisors

Program development

Education

Bachelor's degree

Job description

Morningstar Wealth is seeking a Director of Advisor Practice Management to lead advisor consulting and practice management strategy. This individual contributor role focuses on helping financial advisors build productive businesses while boosting advisor satisfaction and retention.

The director will deliver scalable programs, thought leadership, and coaching frameworks across growth, client acquisition, staffing, and succession planning, aligning Morningstar capabilities with advisor needs.