VP Product Manager – Advisory Platforms

LPL Financial; Fort Mill (SC); On-site; USD 136,000 - 227,000; Full time

Job summary

LPL Financial is seeking a Vice President of Product Management for Advisory Platforms. You will drive the end-to-end product strategy, roadmap, and vendor relationships to enable tax-aware portfolio solutions for advisors.

You will collaborate with Model Management and other partners to ensure scalable capabilities and compliance with regulatory standards. The role requires extensive experience in product leadership within financial services, strong Agile discipline, and the ability to

Qualifications

• Bachelor’s degree in a related field; MBA or other advanced degree preferred.
• 10+ years of experience in product management, management consulting, investment management, or program and project management.
• 5+ years leading cross‑functional teams in an Agile environment, including experience driving PI planning and delivery with technology partners.
• 5+ years experience with advisory or managed account platforms — advisor workflows, trading and rebalancing, or UMA/SMA account structures.
• 5+ years experience with tax overlay, tax‑managed, or tax‑aware portfolio management capabilities strongly preferred — including tax‑loss harvesting, transition management, or overlay management services.

Responsibilities

• Shape the Advisory Platforms strategy and vision with leadership and execute it end to end.
• Translate strategy into a 6–24 month roadmap with themes, outcomes, and value drivers.
• Lead tax overlay capability development, including requirements, sequencing, and delivery.
• Define tax overlay capability set with advisors, Advisory Programs, OPMG, and partners (tax-loss harvesting, budgeting, transition management, wash sale handling, tax-aware rebalancing).
• Drive PI deliverables by coordinating with technology partners to ensure clear objectives, identified risks, and on‑time delivery.
• Manage vendor relationships for advisory platforms, including evaluation, roadmaps, performance, escalations, and RFP/build discussions.
• Collaborate with Legal, Risk, and Compliance to design end-to-end operating models for new capabilities and ensure proper controls and disclosures.
• Coordinate with adjacent teams like Model Management to align prioritization and delivery of shared capabilities.
• Define and prioritize capabilities needed by advisors, driving enablement with field, marketing, training, and service partners.
• Lead cross-functional teams without direct authority, managing scope and tradeoffs within the strategic direction.
• Define KPIs and success metrics (tax overlay adoption, asset growth, advisor-facing outcomes) and create executive-ready reporting and presentations.

Skills

Advisory Platform

Execution Ownership

Tax Overlay

Vendor Management

Influence Without Authority

Agile Execution

Executive Communication

Data-Driven Decisions

Education

Bachelor's degree

MBA or advanced degree

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.

Job Overview

LPL Financial is seeking a Vice President, Product Management for Advisory Platforms within LPL’s Wealth Management Products organization — one of the most visible groups in our firm. As a trusted business partner, you will drive outcomes, lead cross-functional teams, and contribute the deep, thoughtful analysis that enables our leadership team to make informed decisions across our advisory platforms.

The Advisory Platforms product area is centered on the end-to-end capabilities advisors use to run their advisory business and the vendor relationships that support them — platform functionality, advisor workflows, and the partner ecosystem behind them. You will drive PI deliverables for the domain, working directly with your aligned technology partners and delivery teams to plan, commit, and deliver against the roadmap. You will also partner extensively with adjacent teams, including Model Management, to align on prioritization and sequencing so shared capabilities are delivered with minimal impact to those teams’ own commitments.

You will collaborate on the strategy and vision for Advisory Platforms and own its implementation — translating agreed direction into roadmaps, requirements, prioritized backlogs, and delivered capabilities. Strategic direction is set in partnership with senior leadership and stakeholders; your accountability is making it real.

A key component of that vision is the build-out of LPL’s tax overlay capabilities — tax-aware and tax-managed portfolio services delivered through our advisory platforms and overlay partners. You will lead the product execution behind this build-out, from capability definition and vendor selection through delivery, advisor enablement, and scale.

To be successful, you should bring a strong understanding of how financial professionals run their practice with a focus on advisory business — centralized portfolio management team operations, UMA and managed account structures, the interactions between parties involved in account management, tax-sensitive portfolio management, and investment management administration. A consulting mindset, fluency in the financial services regulatory environment, and command of Agile product development are critical. You will lead interactions with advisors, business leads, internal cross-functional teams, and external vendors to drive key outcomes in support of our strategy.

Responsibilities

• Partner with leadership and stakeholders to shape the Advisory Platforms strategy and vision, and own the execution of that direction end to end.
• Translate agreed strategy into a 6–24 month roadmap with clear themes, expected outcomes, and value drivers, aligned with stakeholders and dependent teams.
• Lead the product execution of LPL’s tax overlay build-out as a key component of the Advisory Platforms vision — defining capability requirements, sequencing delivery, and driving the cross-functional work needed to bring tax-managed services to market at scale.
• Define the tax overlay capability set in partnership with advisors, Advisory Programs business stakeholders, the Overlay Portfolio Management Group (OPMG), and vendor partners — including tax-loss harvesting, gain/loss budgeting, transition management, wash sale handling, tax-aware rebalancing, and client-level tax preferences.
• Drive PI deliverables for the domain — partnering with aligned technology teams through PI planning, commitment, and execution to ensure objectives are clear, dependencies and risks are identified early, and delivery stays on track.
• Own the vendor relationships for assigned advisory platforms — leading evaluation and selection, roadmap alignment, performance management, escalations, and contract and scope discussions, including RFPs and build-versus‑buy analysis.
• Partner across the advisory organization and supporting functions to design the end-to-end operating model for new and enhanced advisory capabilities, including the workflows, controls, and disclosures required to operate them at scale, engaging Legal, Risk, and Compliance early.
• Partner with adjacent teams, including Model Management, to align on prioritization, sequencing, and delivery of shared capabilities with minimal impact to their own commitments.
• Define and prioritize the capabilities advisors need to run their advisory business, working from validated advisor, field, Advisory Programs, and OPMG input, and drive enablement and adoption with field, marketing, training, and service partners.
• Lead cross-functional teams and drive outcomes without direct authority; make day-to-day scope and prioritization tradeoffs within agreed strategic direction and elevate cross-product, funding, and vision-level decisions with clear options and recommendations.
• Define KPIs and success metrics — including tax overlay adoption, asset growth, and advisor-facing outcomes — and create best-in-class reporting and presentations on strategic plays and growth initiatives that are SVP+, C‑Suite, and Board ready.

What are we looking for?

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

Requirements

• Bachelor’s degree in a related field; MBA or other advanced degree preferred.
• 10+ years of experience in product management, management consulting, investment management, or program and project management, preferably within financial services or a related FinTech firm.
• 5+ years leading cross‑functional teams in an Agile environment, including experience driving PI planning and delivery with technology partners.
• 5+ years experience with advisory or managed account platforms — advisor workflows, trading and rebalancing, or UMA/SMA account structures.
• 5+ years experience with tax overlay, tax‑managed, or tax‑aware portfolio management capabilities strongly preferred — including tax-loss harvesting, transition management, or overlay management services.

Core Competencies

• Advisory Platform Expertise – Applies deep knowledge of advisory business, managed accounts, advisor workflows, and the regulatory environment.
• Execution Ownership – Converts agreed strategy into roadmaps, backlogs, PI commitments, and delivered capabilities on committed timelines.
• Tax Overlay & Tax‑Aware Investing Knowledge – Understands tax‑managed portfolio construction, harvesting, transition management, and the operational and regulatory implications of delivering them at scale.
• Vendor & Partner Management – Manages third‑party platform relationships, roadmap alignment, performance, and escalations.
• Influence Without Authority – Aligns and mobilizes cross-functional teams; an expert consensus‑builder across initiatives outside direct accountability.
• Agile Execution – Guides backlog management and PI delivery, enabling teams to deliver high‑value solutions.
• Executive Communication – Expert written and oral communication; develops, presents, and gains approval on business cases and funding requests.
• Data‑Driven Decision Making – Uses metrics, analytics, and insights to inform product and business recommendations.

What does your success look like in the first 90 days?

• Immersing yourself in the advisory platform landscape — the capabilities, vendors, team processes and tools, the industry, and our advisors.
• Developing a working command of our current and target‑state tax overlay capabilities, including vendor landscape, gaps, and dependencies.
• Establishing working relationships with key vendor partners, your aligned technology teams, and adjacent internal teams, including OPMG and Model Management.
• Building a clear view of the current roadmap, PI commitments, dependencies, and risks, and confirming execution priorities with leadership.
• Bringing fresh perspective, ideas, and critical thinking to how our growing team operates — consistently asking questions and pushing for progress over perfection.

Pay Range:

$135,960.00 - $226,600.00

Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. 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.

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, LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodial of 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.

For further information about LPL, please visit www.lpl.com.

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.

For further information about LPL, please visit www.lpl.com.

EOE.

Information on Interviews:

LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum. During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card. Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at [phone].