Lido Advisors, LLC - Associate, Business Development (Wealth Advisor) at Lido Advisors, LLC

Lido Advisors, LLC, an established and rapidly growing wealth management firm, is seeking an Associate to join our Business Development team as a Wealth Advisor to make an immediate impact expanding our reach.  

The Wealth Advisor plays a crucial role in supporting sales-focused Senior Wealth Advisors teams by facilitating efficient communication, meticulous case preparation, client service coordination, and business development activities. This position serves as the primary liaison for third-party custodian representatives, coordinates prospective client interactions, assists in portfolio reviews, and contributes actively to growing relationships with prospects and centers of influence. The ideal candidate is detail-oriented, highly organized, committed to professional growth within wealth management, and has an interest in progressing into a Junior Business Development Officer role, with the ultimate objective of independently building and managing prospective client relationships and closing business. 

Key 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. 

• 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 

We are an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status, or any other class protected by federal, state, or local law. In addition, we do not discriminate against qualified applicants with arrest or conviction records. 

The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. The range below is an estimate and may be modified in the future.

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