Overview

The Opportunity As a Practice Management Consultant, you will help financial advisors excel in their role as entrepreneurs. The role supports top advisors and teams in all aspects of leading their businesses, including strategic planning, human capital, systemization, client value creation, business structures, financial management, organic growth, practice acquisitions, and succession. The role is highly visible in the field and makes a meaningful impact through coaching, consulting, workshops, resource creation, and thought leadership. The Team At MM Wealth Management, we understand that the financial landscape is constantly evolving. As a member of the Wealth Management organization, you will join a team of passionate experts across multiple disciplines including Product, Advice & Financial Planning, Practice Management, Lending & Banking, Trust, Investments and Operations. Whether it's advice on investment strategies, retirement planning, estate planning, lending and banking, or trust services, our goal is to provide innovative and effective solutions that positively impact advisors and clients. We are committed to transforming the way our clients manage their wealth and plan for the future.Our Practice Management team is expanding MassMutual's business support and resources to help our affiliated financial advisors successfully grow and strengthen their businesses. Our objectives are to increase advisor growth, productivity, retention, and recruiting. Practice Management consultants deliver advanced expertise to top advisors and teams in their respective territories. The Impact: Provide advanced expertise across a broad range of practice management topics, including entrepreneurial mindset, client value creation, business models, financial management, strategy & execution, systemization, human capital, marketing & organic growth, practice acquisitions, continuity and successionDeliver presentations and workshops for one-to-many offerings and one-to-one consulting for large practices, MassMutual Academy, Society 1851, agency meetings, and other eventsDesign and deliver interactive workshops for advisors with an emphasis on actionable outcomesProvide guidance to general agencies to strengthen their local practice management offeringsSupport the Business Development team's practice management coaching programs in a specialist capacityPartner with Society Concierge Consultants to support practice management needs for qualifying advisorsDevelop expertise of MassMutual's advisor platform and resources in relation to center of excellence and spearhead enhancementsLead the Continuity, Succession, & Acquisition strategic imperative, helping financial advisors plan for continuity, succession, and growth through acquisition by:Creating educational/ training content on Continuity, Succession, & Acquisition topics including valuation, acquisition sourcing strategies, deal structure and execution, exit planning, and transition supportCollecting best practices, market trends, industry knowledgeDeveloping business toolkit resourcesIdentifying trends and building turnkey solutions for PM Consultants to integrate into advisors' businessesActing as the "expert" for the team by training, coaching and empowering PM Consultants in Continuity, Succession, & Acquisition disciplineThe Minimum Qualifications7+ years' experience in financial services with working knowledge of risk management and wealth management products5+ years' experience in business/practice management coaching and consulting3+ years' experience working with advisors on practice acquisitions, continuity, and succession planningWillingness to travel up to 20% of the time Due to the nature of the position, as a part of our background check process, candidates must be able to pass a non-registered fingerprinted background check to qualify as a fingerprinted person under FINRAThe Ideal QualificationsCoaching certification such as RCCMaster of Business Administration (MBA)Deep under