Practice Business Manager (Woodland Hills, CA)

Job Description Summary Under limited supervision, leads in the management of the overall growth of the Branch’s or Financial Advisor team’s practice. Uses extensive knowledge and skills obtained through education and experience to provide guidance to associates in resolution of moderately complex issues, client service and team project management. Directs the practice’s day to day operational functions, ensuring compliance with firm and regulatory policies and procedures. Assists with sourcing new advisors from initial contact through transition to the branch and acts in a professional sales and marketing capacity to help new and existing Financial Advisors meet sales goals. Extensive contact with internal and external customers is required to establish and maintain networking relationships that lead to creating new business. Job Description Responsibilities Development and execution of a strategic plan to monitor and control expenses to facilitate revenue growth of the practice, improve productivity, realize operational efficiencies and address competitive landscape. Leads delivery of the client experience, including management of administrative procedures as well as directing and coordinating execution of client requests. Works directly with home office personnel to coordinate branch-home office workflow. Researches and resolves complex problems relating to client accounts and inquiries. May review daily work of practice team’s support staff, including evaluating workload and responsibilities of support staff to determine necessary assignment changes to maintain efficient workflow. Plan and coordinate special projects for practice to include client events for clients and prospects that result in a return on investment. Assess training needs, identify industry-developed training programs and coordinate training implementation. Educates and assists with training financial advisors on the latest platform and product enhancements, including new software, websites and other tools and resources. Educates financial advisors on the benefits of offered products and services for their clients through individual or group meetings and presentations. Develop and maintain strong relationships with key business partners both internal and external. Assists in sourcing and developing new financial advisor affiliations to achieve branch recruiting goals. Establishes relationships with prospective advisors, provides consultation and education regarding the Raymond James and Associates platform. Maintains a prospect database, gathering information and data on prospects to be used to determine suitability in the branch recruiting process. Participates in conference calls and meetings with prospects to understand their business and product mix and to address issues, interests and concerns. Prepares payout analyses based on prospect’s production and mix of business; generates proposals for prospects. Coordinates /oversees the transition process for internal transfers and/or new affiliates with other functional areas to ensure a professional recruiting process from initial contact through transition to the branch ensuring proper execution of every step of the commit /onboarding process. Partners with home office departments to leverage product sales and generate new business opportunities for financial advisors. Responds to requests from Financial Advisors who need assistance in selling products. Assists with the creation of business development strategies, and with maintaining and expanding referral sources including the coordination of target marketing campaigns. Performs other duties and responsibilities as assigned. Education/Experience Requirements Bachelor’s degree in related field and a minimum of three years’ experience in the financial services industry ~or~ An equivalent combination of experience, education and/or training as approved by Human Resources Licenses SIE required provided that an exemption or grandfathering cannot be applied Series 7 Series 63, 65 and/or 66 as required by state Ability to obtain additional securities and advisory state registrations if required by state. Education Bachelor’s, Bachelor’s: Business Administration, Bachelor’s: Finance Work Experience General Experience - 3 to 6 years Certifications s63 - Uniform Securities Agent State Law Examination - Financial Industry Regulatory Authority (FINRA), s7 - General Securities Representative Examination - Financial Industry Regulatory Authority (FINRA), Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA) Salary Range $70,304.00-$90,000.00 Travel Less than 25% Workstyle Resident Total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com. At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm’s core values of client-first, integrity, independence and a conservative, long-term view. We expect our associates at all levels to: Grow professionally and inspire others to do the same Work with and through others to achieve desired outcomes Make prompt, pragmatic choices and act with the client in mind Take ownership and hold themselves and others accountable for delivering results that matter Contribute to the continuous evolution of the firm When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Founded in 1962 in St. Petersburg, Florida, rather than on Wall Street, we have always embraced being a different kind of financial services firm. Today, Raymond James has locations and subsidiaries across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF. Thanks for your interest in working with Raymond James. While we might not have the perfect role for you today, we'd love to keep in touch. Join our Talent Network to stay up to date on career opportunities that may be a good fit for you. Our business is deeply focused on people and their financial well‑being. We're committed to helping individuals, corporations and institutions achieve their goals, while also supporting successful professionals and helping our communities prosper. We believe doing well and doing good aren't mutually exclusive. As an established but ever-evolving company, you can start - or continue - growing your career here. We invest in you with wide-ranging benefits and the support of leaders and colleagues who care. From development opportunities and enriching networking groups to prioritizing diversity, inclusion and the power of different perspectives, Raymond James is where good people grow. Our people‑first culture is outlined in our Culture Blueprint. Check it out to see why many choose to work at Raymond James - and why they stay. #J-18808-Ljbffr Raymond James Financial, Inc.