VP, Succession & Acquisition

Osaic; Scottsdale (AZ); Hybrid; USD 120,000 - 145,000; Full time

Benefits offered by this job

Health insurance

Vision insurance

Dental insurance

401k

Paid time away

Volunteer days

Job summary

Osaic is seeking a VP Succession & Acquisition to guide succession planning, mergers and acquisitions, and business development across the broker-dealer network. The role focuses on advising existing advisors and facilitating internal buy/sell opportunities within the Osaic platform.

You will lead a team of Succession and Acquisition managers, develop analytics, and collaborate with Legal, Compliance, Licensing, and Sales to drive continuity and value creation for advisors and the firm.

Qualifications

• Seven plus years of industry experience in succession, M&A, and financial practice benchmarking.
• Experience coaching and leading practice management initiatives.
• Proven ability to model financials and valuations and communicate across departments.

Responsibilities

• May lead or support a team of Succession and Acquisition managers.
• Act as a consultant for succession and acquisition within the Osaic network.
• Help develop and promote the Succession & Acquisition efforts.
• Track data on succession and acquisition and prepare reports for SVP and Sr. Management.
• Assist with an interactive matching website for buyers, sellers, and continuity partners.
• Coordinate with Business Development, Transitions, Legal, Compliance, Licensing & Registration, and other teams.
• Support workflow to maintain advisor progression along succession continuum.
• Assist in financial modeling and Excel tracking; prepare PowerPoint presentations.
• Coach advisors through benchmarking to evaluate profitability, transferability, and risk.
• Develop value-add meetings and networking resources for advisors.

Skills

Business coaching

Succession planning

Merger & acquisitions

Financial modeling

Valuation methodologies

Analytical skills

Education

Master’s Degree preferred

Bachelor’s Degree from accredited university required

Tools

Salesforce CRM

Microsoft Office

Job description

Succession Planning Expert Opportunity in Financial Services

VP, Succession and Acquisition

Location(s)

18700 N. Hayden Rd, Suite 255, Scottsdale, AZ 85255
2300 Windy Ridge Parkway #750 Atlanta, GA 30339
7755 Third St. North Oakdale, MN 55128
10 Exchange Place, Suite 1410 Jersey City, NJ 07302
877 Executive Center Drive West, Suite 300 St. Petersburg, FL 33702

Osaic has returned to the office on a hybrid schedule requiring a minimum of 4 days weekly in the office. Applicants should be located at one of our hubs listed above and must be willing to work this schedule.

Role Type

Full-time

Salary

$120,000 - $145,000 base salary + annual performance-based bonus

Actual compensation offered will be determined individually, based on a number of job-related factors, including location, skills, licensure, experience, and education.

Our competitive compensation is just one component of Osaic’s total compensation package. Additional benefits include health, vision, dental insurance, 401k, paid time away, volunteer days and much more. To view more details of what you can look forward to, visit our careers page: https://careers.osaic.com/Benefits.

Summary

The VP Succession & Acquisition will assist the Osaic platform service and its broker dealer community with succession, merger, acquisition, valuation, continuity, practice management and business development efforts. This position will specifically work with existing advisors who need internal succession and continuity assistance, as well as advisors who want to sell their businesses internally and/or acquire businesses inside or outside of the Osaic network.

Education Requirements

• Master’s Degree preferred, Bachelor’s Degree from accredited university required.

Responsibilities

• May lead/support a team of Succession and Acquisition managers.
• Act as a consultant for succession and acquisition within the Osaic network.
• Help develop, manage, enhance and promote the Osaic Succession & Acquisition efforts.
• Track data on succession and acquisition and create/prepare reports for SVP and Sr. Management.
• Assist with the creation and maintenance of Osaic’s interactive matching website that allows financial advisors to search for buyers, sellers, continuity partners, merger candidates and others.
• Work to organize the Succession & Acquisition Team – work with Business Development, Transitions, Legal, Compliance, Licensing & Registration, Commission, etc.
• Assist in the succession and acquisition workflow to keep advisors tracked and moving along a proper succession continuum.
• Provide assistance with financial and cash flow modeling, Excel spreadsheet tracking, SharePoint and power point presentations.
• Coach advisors through a practice benchmarking process evaluating the profitability, transferability and risk of their business.
• Develop value add and regional meetings for succession planning, providing resources and networking opportunities for advisors with similar succession, acquisition and continuity needs.
• Help develop and continue a focused and in-depth marketing campaign for our leading producers to educate and raise awareness of the need for succession and continuity planning.
• All other duties as assigned

Basic Requirements

• Seven plus years of industry experience, preferably with a major broker dealer
• Business coaching, practice management, succession planning, mergers and acquisitions, financial practice benchmarking and valuation, process-driven.
• Fluent in major software packages including Microsoft Office (Access, Excel, Word, Power Point, Outlook and CRM (Salesforce)).
• Acute analytical skills. Experienced in financial modeling and valuation methodologies will be beneficial.
• Adept at problem solving and handling multiple and varied tasks.
• Detail oriented with a unique understanding and ability to communicate ideas and objectives between varying departments.

Preferred Requirements

• FINRA Series 7 and 24 preferred.

Equal Opportunity Employer

Osaic is an equal opportunity employer. We celebrate diversity in our workplace and we hire the most qualified candidates without regard for age, ethnicity, gender, gender identity or expression, language differences, nationality or national origin, family or marital status, physical, mental, and developmental abilities (or the perception of a disability), genetic information, race, religion or belief, sexual orientation, skin color, social or economic class, education, work and behavioral styles, political affiliation, military service, caste, or any other characteristic protected by law.

Eligibility

Applicants for employment in the US must have valid work authorization that does not now and/or will not in the future require sponsorship of a visa for employment authorization in the US by Osaic.

Unqualified Applications

Osaic does not consider applications from candidates who do not meet the minimum qualifications stated in the job posting.

Recruiting Agencies

Osaic only accepts candidates from contracted recruiting firms and only for searches approved prior to submissions. Fees will not be paid for unsolicited submissions.