Managing Director - Wealth Advisory

Waldron Private Wealth; Detroit (MI); Hybrid; USD 180,000 - 300,000; Full time

Job summary

Waldron Private Wealth seeks a Managing Director - Wealth Advisory to lead performance and service delivery for Wealth Advisors and Partners. Partnership across firm leadership will drive growth while maintaining a high-quality client experience.

You will coach, mentor, and develop advisors, reinforce service standards, and coordinate training and development programs to elevate client engagement and advisory outcomes.

Qualifications

• Bachelor’s degree in finance or related field is required.
• CFP®, CFA®, JD, or other relevant designation required; extensive experience may be considered in lieu.
• Minimum of ten years of experience in Wealth Advisory; twelve years preferred.
• Minimum of five years of experience managing a team of wealth advisors; RIA/Private Bank experience preferred.
• Proven leadership, mentoring, and development of advisors or team members.
• Strong understanding of business development activities and coaching.
• Investment Adviser Representative registration eligibility within 3 months of start date (e.g. CFP, ChFC, PFS, CFA, CIC, Series 65, or Series 66).

Responsibilities

• Lead the development and performance of Wealth Advisors and Partners in line with firm standards.
• Drive consistent client experience and advisory delivery across Wealth Advisory teams.
• Provide ongoing coaching to strengthen business development, client relationships, and meeting leadership.
• Reinforce client service standards and engagement expectations across advisors.
• Coordinate on-the-job training for Wealth Advisors with exposure to client meetings and business development.
• Collect feedback on activities and advisor performance to drive improvement.
• Support development of wealth advisory business development capabilities including networking.
• Serve as a senior resource for client, prospect and COI related activities.
• Align talent development with Wealth Advisory team strategy with leadership input.
• Provide regular feedback to executive leadership on advisor performance and readiness.
• Act as escalation point for advisor-level client matters as appropriate.
• Support internal training sessions and firmwide development programs for advisors.
• Contribute to firmwide initiatives focused on advisor development and client experience.

Skills

Leadership & team management

Mentoring & coaching

Client relationship management

Business development

Communication

Presentation & meeting leadership

Strategic thinking

Education

Bachelor’s degree in finance or related field

CFP®, CFA®, JD or equivalent designation

Job description

Waldron Private Wealth (Waldron) is looking for a Managing Director - Wealth Advisory to lead the performance, development, and service delivery of Wealth Advisors and Partners in Wealth Advisory teams. This role collaborates across firm leadership to promote growth of the firm while ensuring a high-quality, consistent client experience.

In this role you will:

1. Lead the development and performance of Wealth Advisors and Partners, ensuring alignment with firm standards, expectations, and growth objectives.
2. Drive consistency of client experience and advisory delivery across Wealth Advisory teams.
3. Provide ongoing coaching and mentorship to Wealth Advisors and Partners to strengthen business development efforts, client relationship management, communication, and meeting leadership skills.
4. Reinforce firmwide client service standards, advisory processes, and engagement expectations across advisors.
5. Lead and support on-the-job training (OJT) for Wealth Advisors by coordinating exposure to client meetings, business development activities, and strategic discussions.
6. Obtain and provide feedback on activities, presentations, and advisor performance to drive continuous improvement.
7. Support the development of Wealth Advisors’ and Partners’ business development capabilities, including sourcing, networking, and relationship-building strategies.
8. Serve as a senior resource to Wealth Advisors for client, prospect and COI related activities.
9. Partner with Director of Wealth Advisory to align talent development and wealth advisory team strategy.
10. Provide regular feedback to the Chief Advisory Officer regarding advisor performance, development needs, and readiness for advancement.
11. Serve as a point of escalation for advisor-level client matters, as appropriate.
12. Support internal training sessions, workshops, and development programs for advisors.
13. Contribute to firmwide initiatives focused on advisor development, client experience, and service model improvements.

Education/Experience Requirements:

• Bachelor’s degree in finance or related field required.
• CFP®, CFA®, JD, or other relevant professional designation required. Extensive experience may be considered in lieu of professional designation.
• Minimum of ten (10) years of experience in Wealth Advisory required. Twelve (12) years preferred.
• Minimum of five (5) years of experience managing a team of wealth advisors required. Specific experience in the RIA and/or Private Bank channel advising high-net-worth and ultra-high-net-worth client preferred.
• Demonstrated experience leading, mentoring, and developing advisors or team members.
• Demonstrated understanding of business development activities and coaching required.
• Investment Adviser Representative registration eligibility required within 3 months of start date (e.g. CFP, ChFC, PFS, CFA, CIC, Series 65, or Series 66).