Generate and qualify leads, build referral relationships with professional and custodian partners, present financial planning and investment services, close high-net-worth clients, and transition new clients to ongoing management. The role owns sales goals, develops referral channels, collaborates with financial advisors, and contributes to continuous business development improvements.
Summitry is a Bay Area wealth management firm with $4B in assets, 50+ employees, and over 1500 clients, offering personalized financial planning and investment strategies, rooted in local insight. Join an innovative and collaborative team, focused on being the most admirable advisory firm helping families thrive through the unique set of opportunities and challenges posed by life in the Bay Area and Southern California.
Position Description
Location: Foster City
Reports to: Tom Guinane, Business Development Manager
Benefits: Yes
Date: Immediate
Job Summary
Our Business Development (“BD”) team is seeking an experienced and energetic individual to serve as Principal, reporting to the Business Development Manager. This team member will focus on lead generation and signing up new high net worth clients. The BD Principal will develop opportunities through a number of different channels.
Duties and Responsibilities
- Build close ties and credibility with COI referral partners who have relationships with high net worth individuals and families, including but not limited to corporate partners, banks, CPA, estate attorneys, and real estate agents
- Develop new referral channels for business development
- Properly qualify marketing-generated prospects and close opportunities
- Build close ties and credibility with custodian referral partners who have relationships with high net worth individuals and families
- Effectively represent Summitry’s investment philosophy and financial planning services in meetings with prospective clients, and provide valuable and trustworthy financial planning insights and portfolio-related advice in these exchanges
- Close new business within our defined sales process. Commit to quarterly and annual goals, and execute.
- Manage smooth transition of new client to Summitry’s management services, setting expectations to ensure retention long after the close
- Partner with Private Client Group Financial Advisors in order to convey key information on client’s financial situation and objectives
- Become an integral part of the BD process, assist the team in continuous improvements, and seek personal and professional growth
Qualifications
- Self-motivated and results-driven, with the persistence and work ethic to build a pipeline from scratch and the accountability to own a number
- 4 years of experience in sales with proven success and entrepreneurial drive
- Highly organized; strong attention to detail and communication skills
- Ability to multi task and prioritize, and work independently and in a team environment as needed
- Experience with MS Outlook and CRM technology
- CFA and/or CFP credential (or interest in pursuing these designations) is a plus
- Must have mode of transportation for travel
Compensation
Total compensation includes commissions, base salary, and performance bonus:
- Commissions based on revenue production
- Base salary: $100-200k
- Firm performance-based bonus (on target is 20% of base salary)
Health & Financial Benefits
- Medical, dental, and vision coverage (100% medical coverage for employees / 50% coverage for dependents)
- Flexible Spending Account/Health Savings Account
- 401(K) retirement plan and contributions
- Comprehensive financial planning services for employees and their families
- Fertility and family-building benefits
Professional Development
- Firm sponsorship for certifications, designations, and continuing education (CFP®, CFA®, etc.)
- Professional development and ongoing advisor training
Culture & Lifestyle Perks
Paid sabbatical program for long-tenured employees
- Annual company retreat where employees are invited to bring their families
- Firm-sponsored volunteer events, paid volunteer time, and charitable matching
- For more details: https://summitry.com/careers
Company Culture and Values
Summitry’s culture is guided by three core values:
- CARE – we care for each other, our clients, and our community
- GROW – we have an intrinsic desire to grow ourselves and our firm
- DRIVE – we are fiercely driven to achieve our goals and those of our clients
Summitry welcomes candidates from all backgrounds and is an equal opportunity employer.
Summitry Foster City, California, USA Office
919 E Hillsdale Blvd #150, #150, Foster City, CA, United States, 94404
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