Managing Director - Wealth Advisory

Waldron Private Wealth; Plymouth (MI); On-site; USD 180,000 - 240,000; Full time

Job summary

Waldron Private Wealth is seeking a Managing Director - Wealth Advisory to lead Wealth Advisors and Partners in delivering high-quality client experiences and advisory services. The role drives growth, coaching, and standards across the Wealth Advisory teams.

You will mentor advisors, oversee performance, and coordinate training, with a focus on elevating business development and client engagement for high-net-worth clients.

Qualifications

• Bachelor’s degree in finance or related field.
• CFP®, CFA®, JD, or other relevant professional designation required. Extensive experience may be considered in lieu of designation.
• Ten+ years of experience in Wealth Advisory; twelve+ years preferred.
• Five+ years of experience managing a team of wealth advisors.
• Proven leadership, mentoring, and development of advisors or teams.
• Strong business development and coaching experience.
• Investment Adviser Representative registration eligibility within 3 months of start date.

Responsibilities

• Lead development and performance of Wealth Advisors and Partners to align with firm standards and growth objectives.
• Ensure consistent client experience and advisory delivery across Wealth Advisory teams.
• Provide ongoing coaching and mentorship to advisors to strengthen relationships and meeting leadership.
• Reinforce firmwide client service standards and engagement expectations across advisors.
• Coordinate on-the-job training and exposure to client meetings, business development, and strategic discussions.
• Provide feedback on activities and advisor performance to drive continuous improvement.
• Support development of advisors’ business development capabilities including sourcing and networking.
• Serve as a senior resource to advisors for client, prospect, and COI activities.
• Partner with the Director of Wealth Advisory to align talent development and team strategy.
• Provide regular feedback to the Chief Advisory Officer regarding performance and development needs.

Skills

Leadership

Mentoring

Business development

Client relationships

Education

Bachelor's degree in finance

CFP/CFA/JD or equivalent

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

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