Business Development Associate

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

Job Overview:

As the Business Development Associate (BDA), you will be responsible for driving Financial Advisor lead flow to LPL’s Advisor Recruiting team in order to increase sales. This will be done through prospecting, lead qualification, and effective reporting. Primary prospecting efforts will be phone based (cold-calling) with supplemental efforts using digital means (email campaigns and social media). 

If you want to learn and grow with us, this is the role for you. We have a robust career path where successful BDAs promote into Internal Regional Director (IRD) roles and from there have the opportunity to promote into our Regional Director (RD) roles.

Responsibilities:

• Prospect financial advisors to gauge/create interest in meeting with a LPL recruiter

• Use the news cycle, territory makeup and direction of the recruiters/leaders to execute on  weekly prospecting campaigns

• Use independent judgement to qualify a lead, determining if the lead should be introduced to the pipeline by presenting to the Internal Regional Director or field Regional Director

• 100 outreaches per day – cold calls (primary), individual emails and social media outreaches (LinkedIn)

• Utilize Salesforce.com to track individual KPIs and understand the impact of lead flow on territory funnel and results

• Develop skillset, knowledge base and industry experience in order to qualify for next level opportunity as an Internal Regional Director.

What are we looking for?

We want high-energy, strong collaborators who can deliver a world class, sales experience. We are looking for people who thrive in a fast-paced environment, are client focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements:

• Bachelor’s degree in Business, Finance or related areas

• Ability to communicate effectively with leadership, field recruiting professionals, and internal recruiters

• Must be in office 3 days a week ( Tuesday - Thursday) in our Chicago Office

Core Competencies:

• Highly motivated and resilient by achieving sales targets consistently

• Ability to quickly build rapport, primarily via phone based communication

• Comfortable with some travel, two times per year for training

• Experience with MS Word, MS Excel, MS PowerPoint, Salesforce, MS Outlook

• Experience or understanding of broker/dealers, advisory, finance or sales principals

*Pay does not reflect total Comp/Potential*