AVP, Business Management

This role will join the Business Strategy and Innovation (BSI) team where we unite strategy, experience, and innovation to enhance the overall client experience for advisors, large enterprises and institutions. BSI plays a critical role in everything from setting and executing on our firm’s strategic direction to developing and delivering powerful business services that help our clients succeed. With the goal of enhancing our client’s day to day experience in everything we do, we seek to proactively identify and address our clients' most significant challenges. Together, the BSI team works to establish LPL as the model of choice in Wealth Management.

Institution Business Line Strategy

The Institution Business Line Strategy team is a horizontal leadership team that defines LPL's immediate and long-term approach to competing for and serving as an outsourced wealth provider for a range on institution profiles: smaller community and regional banks and credit unions, larger national banks, insurance companies, and asset managers. As LPL continues to increase penetration in our serviceable market for institutions, it becomes important to create an "institution centric" channel that differs from LPL's independent advisor business.

Reporting to the VP of Strategy & Operations, the AVP, Business Management will play a key role in shaping and evolving our institutional offerings. This role is ideal for a proactive, detail-oriented professional with a passion for strategic execution, operational excellence, and cross-functional collaboration.

You will be responsible for driving strategic initiatives, managing key projects, and ensuring the seamless operation of a dynamic and growing business line. This role requires a versatile leader with a proven ability to navigate complex organizations and lead initiatives from ideation through execution.

Key Responsibilities:

Project & Initiative Execution

• Develop and maintain detailed project plans, timelines, and status reports.

• Track deliverables and ensure accountability across cross-functional teams.

• Coordinate meetings, prepare agendas, and document action items and decisions.

• Identify and mitigate project risks and roadblocks.

Operational Oversight

• Monitor and manage key performance indicators KPIs and operational metrics.

• Maintain dashboards and reporting tools to track progress against strategic goals.

• Support budget tracking and resource allocation for strategic initiatives.

• Ensure compliance with internal processes and regulatory requirements.

Communication & Reporting

• Draft executive summaries, business updates, and internal communications.

• Prepare presentation materials for senior leadership and stakeholder meetings.

• Facilitate regular check-ins and updates with internal partners.

Stakeholder Engagement

• Serve as a point of contact for internal stakeholders across departments.

• Coordinate feedback loops and ensure alignment across business units.

• Support onboarding and knowledge transfer for new team members or partners.

Process Improvement

• Document current-state processes and identify inefficiencies or gaps.

• Collaborate with teams to design and implement improved workflows.

• Track adoption and effectiveness of new processes or tools.

Administrative & Logistical Support

• Manage calendars, scheduling, and logistics for key meetings and workshops.

• Maintain organized documentation and shared resources for team access.

• Support vendor coordination or third-party engagements as needed.

The ideal candidate will have proactive with strong attention to detail, problem-solving skills, and excellent verbal and written abilities. Candidate will be able to contribute positively to a team-focused environment, driving both growth and innovation.

Requirements:

• Bachelor’s degree in business administration, finance, economics, or a related field.

• 5+ years of experience in management consulting, business management, or strategic roles within financial services.

• Proven ability to manage multiple priorities in a fast-paced, evolving environment.

• Experience leading large-scale, cross-functional initiatives with measurable outcomes.

• Strong analytical and problem-solving skills with the ability to synthesize complex data.

• Excellent verbal and written communication skills, including executive-level storytelling.

• High attention to detail and commitment to accuracy in documentation and reporting.

• Experience in process improvement, including design, implementation, and change adoption.

• Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word, Outlook).

Core Competencies:

• Strategic thinking and planning

• Project and operations management

• Executive communication and storytelling

• Cross-functional collaboration

• Analytical and problem-solving skills

Preferences:

• Experience in financial services or similarly complex, regulated industries.

• Familiarity with organizational change management and innovation practices.

 

Pay Range:

$99,200-$165,300/year

 

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. Your recruiter will be happy to discuss all that LPL has to offer!

 

Company Overview:

LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.

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.

Join LPL Financial: Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation’s leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

Why LPL?

• Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here!

• Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here!

• Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients. Learn more about our mission and values here!

• Impactful Work: Our size is just right for you to make a real impact. Learn more here!

• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!

• Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!

• Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. Learn more here!

Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. 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 (855) 575-6947.

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