Practice Manager (Wealth Management)

Claire Myers Consulting; Raleigh (NC); On-site; USD 120,000 - 160,000; Full time

Job summary

A well-established wealth management firm is seeking a Practice Manager to lead daily operations and enhance client experiences. This strategic role involves optimizing workflows, ensuring compliance, and supporting advisors in a high-touch environment. The ideal candidate will have over seven years of experience in financial services, showcasing strong leadership and problem-solving skills. This innovative firm is committed to operational excellence and offers a competitive salary along with performance-based bonuses. Join a dynamic team where your contributions will drive growth and efficiency in a rewarding setting.

Benefits

Competitive health insurance

401(k) matching

Professional development opportunities

Qualifications

• 7+ years of experience in financial services or wealth management.
• Strong leadership and team management skills required.

Responsibilities

• Oversee daily operations and optimize workflows for efficiency.
• Collaborate with compliance teams to ensure regulatory adherence.
• Manage staff hiring, training, and performance development.

Skills

Leadership

Client Service Management

Problem-Solving

Communication

Organizational Skills

Education

Bachelor's Degree in Finance or related field

Tools

eMoney

Orion

Tamarac

Job description

Our client is a growing, well-established wealth management firm that provides comprehensive financial planning and investment advisory services to high-net-worth individuals, families, and businesses. They are known for their high-touch advisory experience, personalized solutions, and commitment to operational excellence.

Position Overview

The Practice Manager is a critical leadership role responsible for overseeing daily operations, optimizing workflows, ensuring compliance, and enhancing the client experience. This position works closely with advisors, support staff, and leadership to drive efficiency, support business growth, and ensure seamless execution of operational initiatives.

We’re seeking a self-sufficient, solution-oriented leader with a strong financial services background who can scale into a strategic leadership position over time.

Key Responsibilities

• Oversee day-to-day operations, ensuring all processes run smoothly and efficiently.
• Optimize client service functions to maintain a high-touch, white-glove experience.
• Implement and refine operational workflows to improve efficiency and team performance.
• Support advisors by managing administrative and operational tasks.
• Collaborate with compliance teams to ensure adherence to all regulatory requirements.
• Lead technology initiatives, optimizing CRM, financial planning software, and reporting tools.
• Manage staff hiring, training, performance, and professional development.
• Oversee financial and operational reporting to support leadership decision-making.
• Act as a key liaison for vendors, custodians, and service providers.

Qualifications

• 7+ years of experience in financial services, wealth management, or RIA operations.
• Proven ability to manage operations, compliance, and client service within a wealth management setting.
• Strong leadership and team management skills.
• Proficiency with financial planning and portfolio management software (e.g., eMoney, Orion, Tamarac).
• Understanding of industry regulations and compliance standards.
• Excellent communication, organizational, and problem-solving skills.
• Base Salary: $120,000 - $160,000, based on experience and qualifications.
• Performance-Based Bonus: Additional earnings potential based on firm and individual performance.
• Benefits: Competitive health insurance, 401(k) matching, professional development opportunities, and more.

Seniority level

Not Applicable

Employment type

Full-time

Job function

Finance and Management