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Savant Wealth Management · 1 month ago

Chief Advice Officer

Rockford, IL

Full-time

Onsite

Director/Executive

$250K/yr - $335K/yr

10+ years exp

Savant Wealth Management is a trusted advisor in wealth management, and they are seeking a Chief Advice Officer to lead the firm’s integrated advice strategy. This role focuses on enhancing client experiences through strategic initiatives, team leadership, and the development of a cohesive wealth management service model.

ConsultingFinancial ServicesWealth Management

No H1B

Responsibilities

Lead and coordinate efforts across various functional advice (specialist) teams to ensure seamless integration and execution of strategic initiatives and achieving organizational goals efficiently

Lead and manage a high-performing team by fostering a constructive culture, provide clear expectations, direction, and support, and ensure accountability and continuous improvement to achieve goals and drive excellence

Develop and execute the strategic plan for wealth advice services, ensuring alignment with the firm’s overall goals

Lead the integration of wealth advice service functions to provide clients with a cohesive, one-stop wealth management experience delivered on a segmented basis

Drive innovation in service delivery, leveraging technology and industry best practices to enhance client value

Ensure wealth advice service functions operate in a cost-effective manner, while maximizing value to clients and advisors, without compromising on culture or quality

Implement process improvements to enhance service delivery efficiency and scalability

Monitor and analyze performance metrics to monitor team performance and ensure the effective execution of strategic initiatives

Ensure all wealth advice service functions adhere to regulatory requirements and internal compliance standards

Proactively identify and mitigate risks associated with the delivery of wealth advice services

Work closely and foster strong relationships with other senior leaders and internal stakeholders to ensure an integrated approach to wealth advice services, drive collaboration and alignment across functions and teams

Develop and implement engagement strategies to enhance the client and advisor experience across all offices

Measure utilization of resources, processes, and specialists across Savant’s various client segments, markets and offices. Develop and implement plans to optimize adoption to desired levels

Recommends technology, tools, and processes that can enhance advisor and client engagement

Serve as an advocate for advisors, addressing their concerns and ensuring they have the necessary support to succeed

Routinely connects with advisory teams across the firm to stay abreast of client and advisor needs

Ensure consistency in client and advisor experiences across different regions, offices, teams and advisors aligning with the company’s standards and expectations

Provide insights and recommendations on improving client and advisor satisfaction and retention

Collaborate with the corporate communications team to develop and deliver key messages to internal and external stakeholders. Assists with content creation for advisory communications and retreats

Lead the development and delivery of a differentiated and integrated advice platform that leverages and empowers advisors, attracts potential M&A partners and efficiently delivers high real and perceived value to clients

Work closely with advisory, specialist advice teams, the Ideal Futures Platform manager, training resources and the technology team to develop the platform and affect the change management required to optimize the utilization of the platform

Platform efficiently, effectively and systematically delivers comprehensive and proactive advice to Navigator and Private Client segments, delivered by advisors, and supported by specialists

Deliver an integrated and scalable platform that allows advisors to efficiently deliver a responsive and tailored advice to Beacon and Roadmap clients. This platform should be technology forward and empower advisors to self-perform all advice functions

Platform delivers a consistent and scalable client experience across regions, offices, teams and advisors

Platform imbeds client segmentation and provides metrics that provide leadership the data required to hold advisors and specialists accountable to deliver advice optimally and efficiently

Work closely with the Head of Wealth, the CEO, the Ideal Futures Platform Manager and other key leaders to drive organizational goals

Promote Savant’s brand values and culture across all interactions and communications

Active participant on the Executive Leadership Team (ELT) and Operating Committee contributing to the strategic direction of the company and providing insights and recommendations that align engagement strategies with the firm's long-term objectives and overall business goals

Represent Savant at industry events, conferences, and in media engagements to enhance the company’s visibility and reputation

Qualification

Wealth management experienceFinancial planning expertiseFinancial technology fluencyLeadership skillsRegulatory compliance knowledgeCRM systems proficiencyStrategic thinkingProblem-solving skillsCommunication skillsInterpersonal skillsTeam player attitudeFlexibility

Required

Bachelor's degree in business, finance, marketing or related field from an accredited college or university

Minimum of 10 years of experience in wealth management, with a focus on financial planning, advanced planning, tax planning, wealth transfer, or a related area

Minimum of 5 years in a leadership role with a proven track record of managing multiple wealth management functions

Knowledge of best practices for wealth management teams and firms, including strategy, growth, human capital, operations, etc

Team player with can-do attitude, flexibility, and desire to support the growth of advisors/teams/regions/firm

Willingness and ability to travel

Proficiency with financial planning software, CRM systems, and other tools commonly used in the RIA industry required, preferred experience with Salesforce, Tamarac, MS Office, MoneyGuide, and eMoney

Strong strategic thinking and problem-solving skills, with the ability to translate vision into actionable plans

Excellent communication and interpersonal skills, with the ability to build relationships and influence at all levels of the organization

Knowledge of regulatory requirements and compliance related to wealth management services

Preferred

Advanced degrees and designations (e.g. MBA, JD, CFP®, CPA)

Experience working in a multi-state, multi-office environment

Experience overseeing investment management functions

Proven ability to drive cost-effective solutions while enhancing service delivery

Strong understanding of the financial advisory landscape and client needs in a wealth management context

Benefits

Benefit Eligibility on Day One: Enjoy immediate access to a robust benefits package starting on your first day of employment.

Choice of Medical Plans: Select from two medical plans tailored to fit your needs.

Health & Wellness Accounts: Opt for a Health Savings Account (HSA) or Flexible Spending Account (FSA) to manage your healthcare expenses.

Flexible Dental Coverage: Choose between two dental plan options for optimal oral health.

Vision Insurance: Keep your eyes healthy with our vision insurance plan.

Company-Paid Life & AD&D Insurance: Feel secure with fully covered basic life insurance and accidental death & dismemberment benefits.

Company-Paid Disability Coverage: Rest easy knowing you’re covered with both short-term and long-term disability plans.

401(k) with Company Match: Invest in your future with both Roth and Traditional 401(k) plans, featuring a per pay period company match.

Generous FTO: As a member of the executive team, you'll benefit from the Flexible Time Off Plan.

Additional Leave and Time Off Benefits: Personal leave, parental leave, and bereavement pay are just a few examples of how you will be supported with time off and other benefits during life's most critical moments.

Dress Code: Enjoy a “Dress for Your Day” approach to your style. We offer wardrobe flexibility based on office culture, client expectations, and your daily schedule.

Employee Assistance Program: Access support through our Employee Assistance Program whenever you need it.

Exclusive Discounts: Take advantage of various discount programs for additional savings.

Wellness Reimbursements: Get reimbursed for gym memberships and other wellness programs to stay fit and healthy.

Additional Perks: Get reimbursed for your warehouse club memberships and receive an allowance for Savant Swag.