VP Private Client Group - Washington, DC

Zohorecruit; Washington (District of Columbia); Remote; USD 100,000 - 1,000,000; Full time

Benefits offered by this job

Medical, dental, vision

401(k) match

Paid caregiver leave

Adoption assistance

Back-up childcare

Job summary

Zohorecruit is seeking a Regional Vice President of Sales for Washington, DC on a 100% sales-focused track in partnership with a renowned fee-only wealth manager. You will handle a local territory from a home office, supported by an expense account and pre-qualified leads, to close wealth management opportunities.

You will pursue high-net-worth prospects with $500k+ assets, educate clients on the firm's services, and collaborate with a dedicated in-office team.

Qualifications

• 5–7 years selling to stock market investors.
• Current IAR designation, OR Series 65, OR Series 7/66 combination.
• Proven ability to bring in new investor business and conduct high-volume meetings.
• Record of six-figure earnings in each of the past 3 years.
• Commission/variable pay-based role with six-figure base and uncapped commissions.

Responsibilities

• Manage a local territory remotely from home within driving distance.
• Call and close qualified high-net-worth leads.
• Meet prospects to assess their situation and present wealth solutions.
• Collaborate with internal portfolio management and service team.
• Report to the Director of Private Client Group Sales.

Skills

Sales to HNWI

Financial industry experience

Lead generation & closing

In-person meetings

Education

IAR designation or Series 7/66

Job description

VP Private Client Group - Washington, DC

Our client, a highly respected fee-only portfolio managementand fiduciary firm with over $200 billion in assets under management, islooking for qualified financial professionals to join their firm as a RegionalVice President of Sales. As a Regional Vice President of Sales, you will be ina lucrative 100% sales-focused role without having to focus on servicerequirements—you will be provided qualified lead flow to eliminate coldcalling, to put our client's high-net-worth clientele first.

ABOUT THE ROLE

• Manage your business remotely from home to cover a localterritory within driving distance, to present our client's wealth managementsolutions to high-net-worth prospects—you will be provided an expense accountby our client, with all home office and travel expenses covered, which includesa computer, phone, scanner, printer, and any other essential expenses needed
• Call and close qualified leads of high-net-worth prospectsthat have expressed interest in investing with our client, who have assets of$500k or more to invest
• Meet with prospects to evaluate their personal situation andprovide solutions, as well as educate prospective clients on the firm'sservices
• Assist qualified consumers to become the firm's clients—youwill be supported by an internal dedicated portfolio management and serviceteam in-office, comprised of sales support, client service, and marketing team,which actively markets their services via direct mail, internet, televisionadvertisements, and other mediums to receive pre-qualified responses frominterested investors who want to discuss moving over their investmentportfolios
• Report to the Director of Private Client Group Sales, whowill provide the required resources you need to be successful within the salesprocess

Requirements

• 5 to 7 years or more of selling to stock market investorswithin the financial industry
• Current Investment Advisor Representative designation, ORSeries 65, OR a combination of FINRA Series 7 and Series 66, OR qualifyingfinancial professional designations or equivalents
• Extensive experience with bringing in new investor business,high-volume phone activity, and in-person meetings, working as an investmentadvisor or external wholesaler with a strong track record of success in salesand bringing in new investment assets
• Record of six-figure earnings in each of the past 3 years(pay for production compensation model)
• Commission/variable pay-based position--$100,000 base salaryto start with a gradual step-down decline to $0, plus uncapped commission thatwill increase substantially with commissions on any new sale for years to come;compensation includes a percentage of estimated first year's management feesplus trailers for new business closed, with an average total compensation of$300,000 to $350,000, and top producers earning $1 million or more
• 100% paid medical, dental, and vision premiums for you andqualifying dependents
• A 50% 401(k) match, up to the IRS maximum
• Family Support programs, including 8 weeks Paid PrimaryCaregiver leave, adoption assistance, and back-up childcare

OUR CLIENT IS AN EQUAL OPPORTUNITY EMPLOYER