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BCI - Brokerage Consultants Inc

Branch Manager

BCI - Brokerage Consultants Inc, Newport Beach, California, us, 92659


Full-service investment firm, catering to individual investors, institutions, corporations, and municipalities, is in search of a Branch Manager. This role entails supervising and guiding Financial Professionals and Branch Staff to provide outstanding client service, all while ensuring adherence to company policies, industry regulations, and procedures. Additionally, the Branch Manager will spearhead recruitment endeavors to bolster the branch's expansion efforts. Will be working out of client's Newport Beach, Long Beach, and Carlsbad branches.

Responsibilities :Supervise day-to-day branch operations to enhance productivity, compliance, and client satisfactionFacilitate various weekly and monthly meetings, disseminate crucial information, and implement policy and procedural changesCollaborate with the Branch Office Operations Manager in hiring and managing branch support staff, fostering employee engagement, and cultivating a strong organizational cultureProvide coaching and guidance to Financial Advisors on business practices, client acquisition, and utilization of solutions and best practices, while supporting business planning effortsAct as the regulatory supervisor, ensuring compliance with standards of conduct, conducting annual account reviews, managing onsite supervisory tasks, and serving as the primary contact for branch examinationsManage branch financials, develop budgets, monitor monthly P&L, and maintain staff ratio requirementsDrive ongoing recruiting activities to cultivate a pipeline of high-performing advisor candidates

Requirements :Bachelor's degree in finance, Accounting or Business-related field strongly preferred5+ years licensed brokerage experience requiredSeries 7/66 (or 65/63) and 9/10 to start (24, 4, and 53 a plus)Demonstrated leadership, management and motivational skillsExcellent communication skills with the ability to build relationships with clients/prospects/colleagues/direct reportsStrong knowledge of securities industry rules/regulationsWorking knowledge of MS Word/Excel/OutlookAbility to follow policies and procedures and maintain client confidentialityProven track record of advisor recruiting and retention

The expected total compensation for the first year in this position ranges from $300,000 to $400,000, plus benefits. This amount is subject to fluctuations based on factors like skillset and experience.