Vice President of Practice Management

Moneta is an independent Registered Investment Advisor (RIA) wholly focused on going further for our clients. We are one firm with many solutions, and we provide a full spectrum of financial advisory services, but our true purpose is centered on building relationships and providing exceptional service to our clients around the globe.

The Vice President of Practice Management is responsible for leading and overseeing the operational, strategic, and client service functions within the wealth management and advisory practices. This leadership role focuses on optimizing the performance of financial advisors, streamlining operations, and enhancing client experience. The VP of Practice Management will play a key role in aligning business practices with the firm’s strategic goals, fostering advisor development, and implementing best practices among newly acquired and current client teams to ensure the highest level of client service and regulatory compliance.

In addition, they are responsible for Mergers and Acquisitions Transitions that leads the onboarding and integration of new advisor teams and their clients to the Moneta platform. In-depth knowledge of Moneta processes, custodian requirements, and advisory team needs are critical for success in the role.

Essential Responsibilities - Practice Management

Strategic Leadership

• Develop and implement a comprehensive practice management strategy to drive efficiency, team productivity, and client satisfaction.

• Collaborate with executive leadership to align practice management initiatives with broader organizational goals.

• Identify growth opportunities, including new markets, service offerings, and technology enhancements to improve operational capabilities.

Operational Oversight

• Oversee the day-to-day operations processes for multiple wealth management practices at Moneta, ensuring alignment with firm policies and industry regulations.

• Standardize processes across the teams to ensure consistency, scalability, and operational efficiency.

• Drive the adoption of technology solutions, including CRM and portfolio management.

Technology & Innovation

• Drive the adoption and integration of new technologies and tools that enhance practice management operations, advisor efficiency, and client engagement.

• Stay informed of industry trends, emerging technologies, and best practices in financial services practice management.

• Lead data-driven decision-making using analytics and performance metrics to continuously improve practice operations.

Essential Responsibilities - M&A Transitions

• Create client onboarding and, if applicable, custodian transition plan, overseeing progress, provide regular updates, resolve issues, and communicate needs in an effective and timely manner.
• Guide onboarding advisor team through changes in workflow for successful adoption of Moneta processes.
• Coordinate on-site visits and training opportunities for remote employees to St. Louis, Missouri home office.
• Work closely with custodian contacts and firm-level departments to ensure smooth transition for clients and advisor team to provided service offerings.
• Oversee transition of required data and records to Moneta systems.
• Work alongside advisor team to manage the volume of client servicing needs pre and post-transition.
• Manage Transition Support Specialist, setting expectations and timelines of task execution.
• Flexibility to travel for onsite support and project management (approximately 25-30%).
• Identify efficiencies in existing processes and procedures to foster continuous improvement for onboarding process and advisor teams.
• Stay up to speed with Moneta processes and systems, client servicing needs, and custodian requirements to accurately guide new Moneta teams through the transition.
• Assist in managing the queue of prospect information, keep all data up to date, and create reporting.
• Help create marketing campaigns and plan networking events for prospective firms and advisors.
• Present transition timelines and Transition Team offerings to prospective firms and advisors.

• Bachelor’s Degree
• Minimum of 8 years of experience in wealth management, financial services, or advisory practice management
• Minimum of 5 years project leadership experience
• Relevant industry certifications (e.g., CFP, CEPA, CFA) are preferred
• Proficiency in financial software, CRM systems, and portfolio management platforms

Moneta is committed to providing the best possible care for our employees; part of this care includes offering comprehensive benefits that enhance the wellbeing of employees and their families: 

• Paid holidays
• Paid time off (PTO)
• Employer cost-shared medical and dental insurance
• Employer paid short-term disability, long-term disability, AD&D insurance, and basic life insurance
• 401k Match – 50% of employee contributions up to 6% of compensation
• Discretionary annual profit-sharing bonus
• Paid parental leave
• Professional development reimbursement
• Paid volunteer time off (VTO)
• Employee referral incentive bonus program
• Onsite wellness programs & rewards
• Employee engagement activities

Moneta is a fiduciary fee-only Registered Investment Advisory firm and unable to hold securities licenses with the exception of Series 65.  We also do not allow outside business activities, insurance commissions and/or trails.