New Grad January 2027 - Business Development Associate

LPL Financial; United States; On-site; USD 53,000 - 88,000; Full time

Benefits offered by this job

401K matching

Health benefits

Paid time off

Employee stock options

Job summary

LPL Financial is seeking a Business Development Associate in the United States to drive Financial Advisor lead flow to Advisor Recruiting through prospecting and reporting. Primary outreach is via phone, with emails and social media support.

The role requires a Bachelor’s in Business/Finance, strong communication, and in-office presence three days a week (Tue-Thu). Base pay ranges with incentives, plus comprehensive benefits.”

Qualifications

• Bachelor’s degree in Business, Finance or related areas.
• Ability to communicate effectively with leadership, field recruiting professionals, and internal recruiters.
• Must be in office 3 days a week (Tuesday - Thursday).

Responsibilities

• Prospect financial advisors to gauge/create interest in meeting with a LPL recruiter.
• Use the news cycle, territory makeup and direction of the recruiters/leaders to execute on weekly prospecting campaigns.
• Use independent judgement to qualify a lead, determining if the lead should be introduced to the pipeline by presenting to the Internal Regional Director or field Regional Director.
• 100 outreaches per day – cold calls (primary), individual emails and social media outreaches (LinkedIn).
• Utilize Salesforce.com to track individual KPIs and understand the impact of lead flow on territory funnel and results.
• Develop skillset, knowledge base and industry experience in order to qualify for next level opportunity as an Internal Regional Director.

Skills

Lead generation

Cold calling

Prospecting

Sales reporting

CRM reporting

Salesforce

MS Word

MS Excel

MS PowerPoint

MS Outlook

Education

Bachelor’s degree in Business, Finance or related areas

Tools

Salesforce

MS Word

MS Excel

MS PowerPoint

MS Outlook

Job description

Where Ambition Meets Innovation

Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you’ll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.

Business Development Associate

Job Overview

As the Business Development Associate (BDA), you will be responsible for driving Financial Advisor lead flow to LPL’s Advisor Recruiting team in order to increase sales. This will be done through prospecting, lead qualification, and effective reporting. Primary prospecting efforts will be phone based (cold-calling) with supplemental efforts using digital means (email campaigns and social media).

Responsibilities

• Prospect financial advisors to gauge/create interest in meeting with a LPL recruiter
• Use the news cycle, territory makeup and direction of the recruiters/leaders to execute on weekly prospecting campaigns
• Use independent judgement to qualify a lead, determining if the lead should be introduced to the pipeline by presenting to the Internal Regional Director or field Regional Director
• 100 outreaches per day – cold calls (primary), individual emails and social media outreaches (LinkedIn)
• Utilize Salesforce.com to track individual KPIs and understand the impact of lead flow on territory funnel and results
• Develop skillset, knowledge base and industry experience in order to qualify for next level opportunity as an Internal Regional Director.

What are we looking for?

We want high-energy, strong collaborators who can deliver a world class, sales experience. We are looking for people who thrive in a fast-paced environment, are client focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements

• Bachelor’s degree in Business, Finance or related areas
• Ability to communicate effectively with leadership, field recruiting professionals, and internal recruiters
• Must be in office 3 days a week ( Tuesday - Thursday)

Core Competencies

• Highly motivated and resilient by achieving sales targets consistently
• Ability to quickly build rapport, primarily via phone based communication
• Comfortable with some travel, two times per year for training
• Experience with MS Word, MS Excel, MS PowerPoint, Salesforce, MS Outlook
• Experience or understanding of broker/dealers, advisory, finance or sales principals

PLEASE NOTE: This role follows a priority application approach. Candidates who apply by this date will receive priority consideration, and we anticipate that most hiring decisions will be made following the priority application date. Candidates are encouraged to apply early, as applications will be reviewed on a rolling basis.

Early Priority Application Date: September 21 at 11:59 PM EST
Final Fall Priority Application Date: October 19 at 11:59 PM EST

At this time, for our early career program positions, we’re unable to consider candidates who require sponsorship now or in the future. For other positions, within LPL it will depend on the specific position. You will be responsible for obtaining and providing to LPL the required I-9 documentation as part of our onboarding process. Positions offered are for full-time work at 40 hours per week. Please consult your Designated School Official to confirm your eligibility with your school ability prior to applying.

Pay Range

52,500.00 - 87,500.00
The pay salary range is inclusive of base salary and potential sales incentive compensation based upon the applicable incentive compensation plan for this position. Base salary is determined on several factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Incentive compensation is dependent on achievement of goals set forth in the incentive compensation plan. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!

Company Overview

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

Join the LPL team and help us make a difference by turning life’s aspirations into financial realities.

Equal Opportunity Employer

EOE.

Principals only.