Commonwealth Financial Network

Vice President, RIA Services

US-MA-Waltham
Job ID
W-2017
# of Openings
1
Category
Investment Consulting Services
Type
Full-Time

Overview

Commonwealth Financial Network® is the largest privately held Registered Investment Adviser–broker/dealer in the U.S., with offices in Waltham, Massachusetts, and San Diego, California. Since 1979, we’ve been helping our field force of independent financial professionals help investors pursue their financial goals. We do that by providing them with the technology, research, resources, and support that allow them to keep their focus on what’s most important: investors and their financial objectives.

 

With that said, we are not your typical financial services firm. For starters, we’re a fast-growing company, and we think and have fun like a start-up. Conveniently located on the commuter rail near the intersection of Route 95 and the Mass Pike, we’re accessible from anywhere—and away from the congestion of a downtown commute.

 

Commonwealth recognizes that our people are our greatest asset by investing in training and professional development. As a result, Commonwealth has been recognized 37 times (and counting) as one of the Best Places to Work by top publications in the region (Boston Globe, Boston Business Journal, San Diego Business Journal, San Diego Union-Tribune), as well as in the IT industry (Computerworld). With high marks in areas such as work environment, work/life balance, job satisfaction, and opportunities for advancement, Commonwealth is a place where you can thrive.

 

Discover what it’s like to be psyched to come to work every day! We offer you:

 

  • A generous bonus plan
  • Stock options and use of vacation properties (Cape Cod, Lake Winnipesaukee, Sunday River, Key Biscayne, Las Vegas, the Bahamas, and the Dominican Republic)
  • A more relaxed, “dress for your day” dress code
  • A free on-site fitness center
  • Ample opportunity to volunteer with and support local charities
  • A VTO (volunteer time off) day to use toward a cause that’s important to you
  • Tuition reimbursement
  • Free breakfast on Fridays
  • A competitive benefits package—and much more

About the Opportunity

As the financial services industry continues to evolve, Commonwealth remains committed to its legacy of providing indispensable service—a level of service so satisfying that our customers would never want to be without us. To support this legacy, we are bringing a vice president on board to help us build and manage a team dedicated exclusively to supporting Commonwealth’s fee-only advisors. In addition to overseeing the team’s advisor support functions, you will be establishing an identity for the team that leverages our history of more than 30 years.
 
This is an opportunity for you to build a team from the ground up—and play a significant role in the future growth and success of Commonwealth. If you think you have what it takes—vision, direction, natural leadership qualities, in-depth knowledge of the RIA marketplace, a commitment to delivering indispensable customer service, and then some—let’s talk.

Responsibilities

  • Owning the overall strategy of the RIA Services department—staying on top (and ahead) of industry developments and being responsive to the evolving needs of our fee-only advisors
  • Building and managing a fee-only advisor support team that encompasses Direct Investments, Service Center, Technology, New Accounts, Transition, and Compliance
  • Staying abreast of new resources, products, and procedures, as well as industry news and SEC regulations
  • Accurately and efficiently identifying, understanding, and resolving issues, including account establishment, billing methodologies, asset movement, tax reporting issues, performance reporting, and compliance considerations
  • Building relationships with our financial advisors and their staff through problem solving and follow-up
  • Working closely with our internal processing teams to research and resolve complex issues as needed

Qualifications

  • A background in financial services that includes 5–10 years of advisory operations experience; compliance experience a plus
  • Extensive knowledge of the RIA marketplace, including custodial options and technology landscape
  • Working knowledge of investment advisory rules and regulations
  • Ability to distinguish and articulate differences between FINRA-based advisors and fee-only advisors
  • Excellent verbal and written communication skills, as well as listening skills
  • Superb analytical abilities and problem-solving skills

Summary

Have we piqued your curiosity? Can you see yourself thriving in this career opportunity as well as our Anything but Common® workplace culture? If so—and if your background and experience align with our needs—please do submit your application right away.

 

Commonwealth Financial Network® is an equal opportunity employer that is committed to a diverse workforce.

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