Director, Advisor Transitions

Director, Advisor Transitions

We're looking for a seasoned, entrepreneurial Director of Advisor Transitions to lead our efforts in empowering financial advisors to achieve independence. This is a high-impact, client-facing leadership role that blends sales, business consulting, and strategic partnership.

The ideal candidate has a deep understanding of the RIA formation journey particularly with the operational, legal, and compliance aspects of setting up and running RIAs. With a passion for guiding advisors through the transition to independence, you'll act as both a strategic advisor and trusted partner sourcing prospects, consulting on their breakaway path, and ensuring a successful transition process from start to finish.

Your impact

• Lead Breakaway Growth : Drive the acquisition of institutional advisors exploring independence, positioning Altruist as the premier custodial partner for their new RIA firm. Develop a go-to-market strategy specifically targeting breakaway opportunities, aligned with company-wide growth goals.
• Prospect & Source : Identify, engage, and build relationships with financial advisors at banks, wirehouses, and broker-dealers who are ideal candidates for independence. Leverage personal network, strategic outreach, and referral channels to build a robust pipeline of high-potential breakaway prospects.
• Advisor Education and Consultation : Engage with advisors exploring independence to understand their goals, concerns, and challenges. Educate advisors on the benefits of transitioning to an RIA model and leveraging Altruist's platform, including a focus early on whether the advisor is ready and wants to be a business owner. Can include guiding the advisor to another RIA that works with Altruist.
• Transition Strategy Development : Develop tailored transition strategies for advisors leaving wirehouses or large firms. Outline clear, actionable roadmaps for setting up independent RIAs, including compliance, technology, and operational considerations.
• Partnerships and Business Development : Develop key strategic partnerships to unlock incremental advisor opportunities. Structure business model agreements with key partners to drive growth.
• RIA Setup and Compliance Support : Provide hands-on assistance in the registration and setup of new RIAs, ensuring adherence to all regulatory requirements. Partner with legal and compliance experts to address complex scenarios.
• Operational and Technology Implementation : Guide advisors in adopting Altruist's platform, emphasizing its capabilities to streamline operations and enhance client service. Recommend complementary tools and integrations to build a fully functional and efficient RIA.
• Client Relationship Management : Serve as a trusted and confidential advisor throughout the transition process, maintaining close communication to address questions and concerns. Foster long-term relationships with advisors post-launch, ensuring ongoing satisfaction and success.
• Industry Leadership and Advocacy : Stay informed about industry trends, regulations, and competitive offerings to provide forward-thinking advice. Represent Altruist at industry events, webinars, and other forums to promote the company's mission and attract top-tier advisors.

What you bring

Los Angeles, CA salary range

$153,000 - $203,000 USD

What we bring

Attracting and retaining top-tier talent is a priority. We are proud of the culture we've built and are cognizant of the ever-changing professional landscape. Our dynamic offering of perks and benefits are tailored for you to feel your best while doing your best.

Total compensation includes a competitive benefits package along with equity in the form of Stock Options (ISOs) for eligible roles. For salaried positions, a salary offer will be determined by a number of factors including experience, skill level, internal pay equity, geographic location, and other relevant business considerations. We review all employee pay and compensation programs regularly to ensure fair, equitable, and competitive pay. At Altruist, we are committed to providing fair, equitable, and competitive compensation by leveraging market data to inform our pay bands. Base salaries will be reviewed at regular intervals throughout the year, typically in conjunction with performance review cycles. By evaluating compensation on a regular basis, we are able to reward high performance and ensure all employees have opportunities for growth.

Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Altruist we are dedicated to building a diverse, inclusive, and authentic workplace, so if you're excited about this role, but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.