Director, Endowments & Foundations

Why Work at Mercer Advisors? For more than 40 years, Mercer Advisors has been helping families amplify and simplify their financial lives by integrating financial planning, investment management, business management, tax, estate, insurance, and more, all managed by a single team. We deliver the kind of comprehensive care once reserved for only the wealthiest households. Today, we serve over 42,800+ families across 110+ cities across the U.S. Ranked the #1 RIA Firm in the nation by Barron’s for two consecutive years, Mercer Advisors is an independent fiduciary legally bound to act in our clients’ best interests — always.* Mercer Advisors offers a workplace that stands apart in the financial industry. More than half of our employees and client-facing professionals are women, reflecting the clients we serve. With a flexible, national footprint, we build our teams around exceptional talent — wherever they are. Join us and help families amplify and simplify their financial lives with confidence. * Mercer Advisors was ranked #1 for RIA firms with up to $70 billion in assets. The Barron’s top RIA ranking is based on a combination of metrics – including size, growth, service quality, technology, succession planning and others. No fee was paid for participation in the ranking, however, Mercer Advisors has paid a fee to Barron’s to use the ranking in marketing. Please see important information about the ranking criteria methodology here. Job Summary: Mercer Advisors is seeking a Director, Endowments & Foundations to help lead the day-to-day execution, growth, and client experience of our institutional nonprofit practice, reporting to the Managing Director of Institutional Partnerships. Mercer Advisors has served nonprofit organizations since our founding in 1985, and our Endowments & Foundations practice today serves 225+ nonprofit clients across the country. This is a senior execution-focused role, partnering closely with the Managing Director on practice strategy while carrying direct accountability for new business development, client service delivery, and team coordination. The Director will support the practice's growth agenda, contribute to business planning and resource decisions, help build the marketing and thought-leadership engine, originate and close institutional mandates alongside the Institutional sales team, and oversee day-to-day service and retention of the existing client base. Success in this role requires fluency in institutional investment strategy, nonprofit governance and fiduciary practice, and strong execution discipline within a defined strategic mandate set by firm leadership. Essential Job Functions for this role include: Strategic Support & Business Planning - Support the Managing Director in shaping practice strategy, including market segmentation, service model design, and multi-year growth roadmap

• Contribute to P&L reporting and analysis in partnership with the Managing Director and firm finance
• Provide input on the business case for practice investment (headcount, technology, marketing spend); help manage resources against the approved plan
• Surface adjacent growth opportunities, including new institutional sub-verticals, partnership channels, and inorganic opportunities, for evaluation by the Managing Director and firm leadership

New Business Development - Partner with the Institutional sales team and Managing Director to originate and close discretionary OCIO and advisory mandates with endowments, private and community foundations, educational institutions, faith-based organizations, healthcare nonprofits, and other tax-exempt institutions

• Build and deepen relationships with executive directors, CFOs, CEOs, investment committees, finance committees, and boards of directors
• Support the practice's sales strategy, contributing to pipeline development and conversion; report progress against shared targets
• Execute portions of complex, consultative, long-cycle sales processes including RFPs and finalist presentations, in coordination with the Managing Director
• Develop tailored value propositions in collaboration with the broader team, aligned to each organization's governance model, investment objectives, spending needs, and long-term mission
• Build and manage relationships with OCIO search consultants, nonprofit intermediaries, and centers of influence that influence buyer criteria and selection outcomes

Client Oversight & Service Delivery - In partnership with the Head of Endowments & Foundations practice, oversee the service and retention of the practice's existing nonprofit client relationships, ensuring consistent delivery of the firm's fiduciary standard of care across the client base

• Monitor client health and retention metrics; intervene directly in at-risk relationships and elevate systemic service issues
• Define and continuously improve the practice's client experience standards, including reporting cadence, committee meeting support, and onboarding

Marketing, Events & Thought Leadership - Help build and execute the practice's annual strategic marketing plan in partnership with the firm's marketing organization, including segmentation, campaign strategy, content calendar, and lead generation targets

• Support the practice's events strategy — conferences, board and committee education programs, regional roundtables, webinars, and co-hosted events with professional partners
• Contribute to thought leadership on institutional investing, nonprofit governance, UPMIFA and fiduciary duty, spending policy, and reserve management
• Help refine the practice's differentiated positioning and messaging in a competitive OCIO marketplace

Team Leadership - Serve as a senior team member, mentor, and coach to the Endowments & Foundations team, providing direction on pipeline strategy, deal execution, client engagement, and professional development - Contribute to coverage models, territory design, and go-to-market priorities in partnership with firm leadership Cross-Functional Collaboration - Work cross-functionally with the Chief Investment Officer and investment research team, portfolio management, marketing, compliance, legal, finance, and client service to deliver the practice's mandate

• Partner with subject matter experts across the firm to position the full breadth of Mercer Advisors' capabilities to institutional clients
• Contribute institutional client perspective to firmwide strategy, product, and investment discussions
• Ensure all practice activity is conducted in accordance with Mercer Advisors' fiduciary obligations and compliance requirements

Knowledge, Skills, and Abilities: - Bachelor's degree required; advanced degree (MBA, MPA) and/or CFA preferred

• 7+ years of institutional asset management, OCIO, or nonprofit investment advisory experience, with meaningful time in business development
• Demonstrated success supporting or co-leading the sale of discretionary OCIO / fiduciary management or institutional investment solutions
• Track record supporting or co-leading institutional mandate wins with sophisticated nonprofit and institutional buyers
• Experience contributing to or supporting P&L management, budgeting, or business planning for a practice or team
• Experience partnering with senior leadership on strategy execution; player/coach experience is a plus, not required
• Experience engaging with investment committees, finance committees, and boards of directors, as well as internal investment teams, CIOs, OCIO search consultants, and intermediaries
• Working knowledge of the endowment and foundation marketplace, including UPMIFA and nonprofit fiduciary standards, spending policy design, Investment Policy Statement construction, and nonprofit governance practice
• Experience contributing to marketing, events, or thought leadership programs that generate measurable pipeline
• Understanding of consultative sales methodologies and long-cycle institutio

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