Lido Advisors, LLC is an established and rapidly growing wealth management firm seeking an Associate to join their Business Development team as a Wealth Advisor. The role involves supporting Senior Wealth Advisors by facilitating communication, preparing cases, coordinating client services, and engaging in business development activities.
Responsibilities
- Initiate daily contact with centers of influence upon receiving new referrals, gather comprehensive background information, document interactions accurately in Salesforce, and coordinate introductory meetings based on advisor availability and geographic alignment
- Participate actively in client and prospect meetings to gain practical experience in business processes, client interaction, and meeting leadership, aiming to independently manage prospective client meetings within approximately 18-24 months
- Develop and nurture relationships with custodial representatives over time to increase referral generation
- Deliver timely, professional follow-up communications post-meetings to provide updates on statuses, actions taken, and next steps, ensuring transparency by copying team members on all correspondence
- Assist in comprehensive meeting preparations including proposals, meeting materials, and supporting documentation
- Communicate proactively with Lido Tax to procure essential client tax documents, such as K-1 forms and related tax materials
- Collaborate closely with Business Development team to evaluate and implement investment strategies, effectively manage liquidity, coordinate fund-raising efforts for alternative investments, and oversee options trading activities
- Engage thoroughly with firm-provided training scripts and resources to enhance sales acumen and service proficiency
- Uphold a high standard of responsiveness and professionalism by returning all phone inquiries the same day, thereby mitigating service delays and addressing potential complaints proactively
Skills
- Bachelor's degree
- 1+ year of experience in the financial services industry or related field
- 1+ year of experience supporting a sales function or interest in pursuing a career in sales is a must
- Series 65 or equivalent is required or must be attained within the timeframe determined by manager (CFP® registrants are exempt from this requirement)
- Strong organizational skills, attention to detail, and capability to manage multiple priorities simultaneously
- Exceptional interpersonal and communication skills
- Intermediate proficiency with Microsoft Excel and Salesforce is beneficial
Company Overview
Lido has deep roots in the family office space in which teams of professionals are dedicated to managing the investment and financial life of a single ultra wealthy family. It was founded in 1999, and is headquartered in Los Angeles, CA, US, with a workforce of 201-500 employees. Its website is https://www.lidoadvisors.com/.