Managing Associate

Lakeshore Financial Group; Oakbrook Terrace (IL); On-site; USD 90,000 - 150,000; Full time

Job summary

Lakeshore Financial Group is seeking a Managing Associate in Oakbrook Terrace, IL to grow their advisory practice and mentor the next generation of financial professionals. The role requires 2–4 years of experience and full licenses (SIE, Series 7, Series 66).

You will build your own client base while supporting firm initiatives and client advocacy. Ideal candidates are entrepreneurial, highly organized, and committed to professionalism.

Qualifications

• 2–4 years of experience in financial advising or wealth management.
• Fully licensed: SIE, Series 7, and Series 66.
• Strong communication and relationship-building skills.
• Entrepreneurial mindset with a desire to grow a practice.
• Commitment to professionalism, integrity and client advocacy.

Responsibilities

• Grow and manage your personal client base with full autonomy and deliver comprehensive financial planning.
• Mentor new advisors by coaching in prospecting, planning, and client service.
• Collaborate with leadership to improve training and development paths.
• Maintain CRM documentation, ensure compliance, and coordinate with internal teams.

Skills

Financial advisory

Relationship building

Entrepreneurial mindset

Mentorship

Organizational skills

Job description

We are seeking a Managing Associate who is ready to grow their own advisory practice while playing a key role in developing the next generation of financial professionals. This position is ideal for an advisor with 2-4 years of experience, fully licensed with SIE, Series 7, and Series 66, who thrives in a collaborative environment and wants to expand their impact beyond personal production.

You’ll build your own book of business and serve as a mentor to new advisors entering the industry - helping them learn the fundamentals, build confidence, and establish strong habits that lead to long-term success.

What You’ll Do

Grow Your Own Practice

• Build and manage your personal client base with full autonomy
• Deliver comprehensive financial planning and ongoing relationship management
• Engage in community involvement, networking, and market development
• Represent the firm’s mission of empowerment, education, and exceptional client care

Mentor & Develop New Advisors

• Provide hands‑on coaching to new associates as they learn prospecting, planning, and client service
• Model best practices in activity management, communication, and professionalism
• Support new advisors through licensing, onboarding, and early market development
• Foster a collaborative, inclusive environment where new advisors feel supported and confident

Leadership & Team Collaboration

• Partner with leadership to strengthen training programs and development pathways
• Contribute to recruiting efforts by identifying high‑quality talent
• Share insights, strategies, and case approaches with the broader team
• Help shape a culture rooted in mentorship, shared success, and client advocacy

Practice Management

• Maintain accurate CRM documentation and follow compliance standards
• Coordinate with internal teams to ensure seamless client experience
• Participate in ongoing professional development and advanced planning education

Qualifications

• 2-4 years of experience in financial advising or wealth management
• Fully licensed: SIE, Series 7, and Series 66
• Strong communication and relationship-building skills
• Entrepreneurial mindset with a desire to grow a practice
• Passion for mentorship and developing new talent
• Highly organized with the ability to manage multiple priorities
• Commitment to professionalism, integrity, and client advocacy