Bluespringwealth
Relationship Lead - Bluespring Wealth Partners Corporate
Bluespringwealth, Austin, Texas, us, 78716
Encino Building #2, Austin, Texas, United States of AmericaJob Description
Posted Friday, August 16, 2024 at 6:00 AMBluespring Wealth Partners (BWP) is a fast-growing acquirer of wealth management firms throughout the United States. We take a relationship-based approach to partnering with and supporting best-in-class wealth managers who provide financial planning and investment services to retail clients. Bluespring takes majority-stake positions in high-quality firms and provides its partners with an unparalleled depth of operating support, business expertise and strategic investments in key areas of growth.Bluespring is a wholly owned subsidiary of Kestra Holdings, a holding company that consists of three leading wealth management services businesses that collectively support more than $112bn in AUA and 1,300 independent financial advisors.The Relationship Lead (RL) is empowered to drive profitability, growth, and sustainability across all firms within the Bluespring community. Success is achieved through effective relationship management and the application of relevant consulting and best practices tailored to each firm’s specific needs.In this position, the RL will partner with the leadership of Bluespring Wealth Partners acquired firms to manage the performance of the firms toward agreed upon growth, budgets and business goals. This professional will become a trusted business partner and go-to resource for the acquired firm’s managing directors.The RL is the local decision maker and quarterback. In this capacity, the RL is the point person for the firm and all internal Kestra Holdings stakeholders. The RL is the primary point of escalation. As needed, the RL will escalate to the COO.POSITION SUMMARYReports to: Chief Operating Officer, Bluespring Wealth PartnersLocation: Austin, TXESSENTIAL DUTIES AND RESPONSIBILITIESTo perform this role successfully, the individual must be able to perform each essential duty:Demonstrate personal ownership of all aspects of this role to create positive results.Build trust and deep relationships with the BWP managing directors, key advisors, and other personnel. Serve as the primary point of contact for BWP relationship management and to align BWP firms with resources and capabilities to support achievement of goals.Drive accountability for the leaders of each location while building a deep relationship and open lines of trust and communication with founders and successors.Track, influence positive outcomes, and partner with firms to ensure success, including driving actions necessary to meet or exceed plan, targets, and expectations.Partner with BWP managing directors to manage financial and operational performance through the development of business goals (multi-year and annual) and budgets that drive the firm toward the desired business outcomes including growth, profitability, and sustainability.Develop and track strategic and annual business plans.Drive adoption of the Bluespring Wealth Partner tools, solutions, and resources that will assist advisors in achieving higher levels of efficiency, profitability and growth.Establish a regular cadence and process for meeting with BWP firm leadership to assess partner satisfaction, firm performance and growth, and to drive accountability and ensure opportunities, challenges and issues are addressed in a timely manner.Be the primary contact for BWP firm administration with BWP corporate. Identify and escalate key risks associated with the BWP firm.Recognize and refer best practices, firm evolution, merger or growth opportunities.Identify, design and assist firms in executing effective succession strategies.Oversee and help M&A integration for sub-acquisitions.Provide regular management reporting about the condition of and progress in each firm.Structure, negotiate and oversee the rights and obligations of key agreements associated with a firm.Foster a high-integrity corporate culture that is relationship based, data driven and outcome oriented.KNOWLEDGE, SKILLS AND/OR ABILITIESTo perform this job successfully, the individual should have the following skills and abilities:Firm operating experience or general / field management experience.Demonstrated experience and success partnering with firm leadership (e.g., CEO, President, Managing Partner of Wealth Management firms) and corporate executive leadership. Includes an ability to coach mid- and senior level executives to produce changed behavior, when appropriate.Experience in Wealth Management and or RIA industry.Strategic and annual business planning and budgeting experience.Strong relationship management and interpersonal skills.Excellent communication skills including the ability to present complex information clearly and appropriately.Ability to think strategically, with the proven ability to collaborate cross-functionally to influence outcomes.Detail oriented and practices consistent follow-up to drive accountability.Ability to manage sensitive issues and solve problems.Travel within territory up to 50%.SUPERVISORY RESPONSIBILITIES:
NoneEDUCATION AND/OR EXPERIENCEFinancial services, practice management or business consulting experience.CERTIFICATIONS, LICENSES, REGISTRATIONS:
NoneBENEFITS:Full health, vision, dental. 401(k) plans along with a host of voluntary plans such as car insurance, legal services and more (applicable to full time permanent employees).DISCLOSURE:By applying to a job at Bluespring Wealth Partners, a subsidiary of Kestra Financial, you are agreeing to the following statements:You acknowledge that if hired, Bluespring Wealth Partners may obtain and use background information concerning your credit, character, general reputation, personal characteristics, work habits, performance and experience for evaluation for your potential employment.It is the policy of Bluespring Wealth Partners to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, sex, sexual orientation, gender, identity or expression, age, disability, marital status, citizenship, national origin, genetic information, or any other characteristic protected by law. Bluespring Wealth Partners prohibits any such discrimination or harassment.KESTRA VALUES:Our Mission is Powering Financial Independence, enabling the growth and success of investing clients and the advisors who serve them. We do that by living our values: SERVE, MAKE IT HAPPEN, and ONE TEAM.
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Posted Friday, August 16, 2024 at 6:00 AMBluespring Wealth Partners (BWP) is a fast-growing acquirer of wealth management firms throughout the United States. We take a relationship-based approach to partnering with and supporting best-in-class wealth managers who provide financial planning and investment services to retail clients. Bluespring takes majority-stake positions in high-quality firms and provides its partners with an unparalleled depth of operating support, business expertise and strategic investments in key areas of growth.Bluespring is a wholly owned subsidiary of Kestra Holdings, a holding company that consists of three leading wealth management services businesses that collectively support more than $112bn in AUA and 1,300 independent financial advisors.The Relationship Lead (RL) is empowered to drive profitability, growth, and sustainability across all firms within the Bluespring community. Success is achieved through effective relationship management and the application of relevant consulting and best practices tailored to each firm’s specific needs.In this position, the RL will partner with the leadership of Bluespring Wealth Partners acquired firms to manage the performance of the firms toward agreed upon growth, budgets and business goals. This professional will become a trusted business partner and go-to resource for the acquired firm’s managing directors.The RL is the local decision maker and quarterback. In this capacity, the RL is the point person for the firm and all internal Kestra Holdings stakeholders. The RL is the primary point of escalation. As needed, the RL will escalate to the COO.POSITION SUMMARYReports to: Chief Operating Officer, Bluespring Wealth PartnersLocation: Austin, TXESSENTIAL DUTIES AND RESPONSIBILITIESTo perform this role successfully, the individual must be able to perform each essential duty:Demonstrate personal ownership of all aspects of this role to create positive results.Build trust and deep relationships with the BWP managing directors, key advisors, and other personnel. Serve as the primary point of contact for BWP relationship management and to align BWP firms with resources and capabilities to support achievement of goals.Drive accountability for the leaders of each location while building a deep relationship and open lines of trust and communication with founders and successors.Track, influence positive outcomes, and partner with firms to ensure success, including driving actions necessary to meet or exceed plan, targets, and expectations.Partner with BWP managing directors to manage financial and operational performance through the development of business goals (multi-year and annual) and budgets that drive the firm toward the desired business outcomes including growth, profitability, and sustainability.Develop and track strategic and annual business plans.Drive adoption of the Bluespring Wealth Partner tools, solutions, and resources that will assist advisors in achieving higher levels of efficiency, profitability and growth.Establish a regular cadence and process for meeting with BWP firm leadership to assess partner satisfaction, firm performance and growth, and to drive accountability and ensure opportunities, challenges and issues are addressed in a timely manner.Be the primary contact for BWP firm administration with BWP corporate. Identify and escalate key risks associated with the BWP firm.Recognize and refer best practices, firm evolution, merger or growth opportunities.Identify, design and assist firms in executing effective succession strategies.Oversee and help M&A integration for sub-acquisitions.Provide regular management reporting about the condition of and progress in each firm.Structure, negotiate and oversee the rights and obligations of key agreements associated with a firm.Foster a high-integrity corporate culture that is relationship based, data driven and outcome oriented.KNOWLEDGE, SKILLS AND/OR ABILITIESTo perform this job successfully, the individual should have the following skills and abilities:Firm operating experience or general / field management experience.Demonstrated experience and success partnering with firm leadership (e.g., CEO, President, Managing Partner of Wealth Management firms) and corporate executive leadership. Includes an ability to coach mid- and senior level executives to produce changed behavior, when appropriate.Experience in Wealth Management and or RIA industry.Strategic and annual business planning and budgeting experience.Strong relationship management and interpersonal skills.Excellent communication skills including the ability to present complex information clearly and appropriately.Ability to think strategically, with the proven ability to collaborate cross-functionally to influence outcomes.Detail oriented and practices consistent follow-up to drive accountability.Ability to manage sensitive issues and solve problems.Travel within territory up to 50%.SUPERVISORY RESPONSIBILITIES:
NoneEDUCATION AND/OR EXPERIENCEFinancial services, practice management or business consulting experience.CERTIFICATIONS, LICENSES, REGISTRATIONS:
NoneBENEFITS:Full health, vision, dental. 401(k) plans along with a host of voluntary plans such as car insurance, legal services and more (applicable to full time permanent employees).DISCLOSURE:By applying to a job at Bluespring Wealth Partners, a subsidiary of Kestra Financial, you are agreeing to the following statements:You acknowledge that if hired, Bluespring Wealth Partners may obtain and use background information concerning your credit, character, general reputation, personal characteristics, work habits, performance and experience for evaluation for your potential employment.It is the policy of Bluespring Wealth Partners to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, sex, sexual orientation, gender, identity or expression, age, disability, marital status, citizenship, national origin, genetic information, or any other characteristic protected by law. Bluespring Wealth Partners prohibits any such discrimination or harassment.KESTRA VALUES:Our Mission is Powering Financial Independence, enabling the growth and success of investing clients and the advisors who serve them. We do that by living our values: SERVE, MAKE IT HAPPEN, and ONE TEAM.
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