Fee-only wealth management firm providing comprehensive financial advice to individuals, families, and businesses
Director, Practice Management
Location
Illinois
Posted
1 day ago
Salary
$180K - $230K / year
Seniority
Lead
Job Description
Director, Practice Management
Savant Wealth Management
• Define, document, and maintain firmwide advisor operating standards and best practices, with a focus on day-to-day advisor workflows, planning cadence, and operating discipline • Establish clear guardrails and minimum standards while allowing flexibility within defined frameworks • Own and evolve advisor standards to support consistency across legacy and newly acquired firms • Partner with Regional Directors to ensure standards are clearly communicated, coachable, and scalable • Continuously evaluate standards to ensure they remain practical, relevant, and aligned with firm strategy • Serve as a strategic thought partner to the ALT on advisor-related initiatives and enterprise priorities • Own and evolve the firm’s annual advisor business planning frameworks and supporting tools • Partner on advisor compensation modeling, providing structure, scenario analysis, and decision support • Help design and support rollout of major advisor-facing initiatives, ensuring clarity of intent, sequencing, and expectations • Elevate decision-making by grounding discussions in structured frameworks and reliable data • Directly manage and provide leadership to the Analytics Manager • Set analytical priorities and ensure alignment between analytics output and business needs • Ensure advisor-related dashboards, reports, and models are accurate, trusted, and decision-ready • Act as the point of accountability for analytical clarity and transparency related to advisor performance, planning, and compensation • Partner cross-functionally with Finance and Business Intelligence teams to ensure strong data integrity and alignment • Support faster, more consistent integration of acquired firms through standardized advisor operating frameworks • Reduce variability and ambiguity in advisor operations across regions • Identify opportunities to simplify, systematize, and scale advisor practices without sacrificing quality or client experience • Take a forward-looking view by researching industry best practices and selectively incorporating them into Savant’s operating model
Job Requirements
- Bachelor’s Degree in Business, Finance, Analytics, or related field; advanced degree is a plus
- At least 8 years of experience in wealth management, financial advisor operations, or advisor operations
- Demonstrated experience defining and scaling operating standards and frameworks in a growing organization
- Prior leadership and/or people management experience required
- Strong strategic thinking skills with the ability to translate strategy into practical execution
- High level of comfort working with data, analytics, and business models to inform decision
- Excellent communication and stakeholder-management skills, particularly with senior leaders
- Ability to operate at both enterprise and tactical levels—setting direction while ensuring execution
- Willingness and ability to travel periodically
Benefits
- Medical, dental, and vision coverage with multiple plan options
- Health Savings Account (HSA) or Flexible Spending Account (FSA)
- Company-paid life insurance, AD&D, and disability coverage
- 401(k) with company match (Roth and Traditional options)
- Team-based incentive opportunities and recognition programs
- Generous paid time off, plus at least 10 paid holidays
- Annual “Savantiversary” day
- Summer Hours (shorter work weeks during the summer)
- Parental leave, personal leave, and other life-event support
- Employee Assistance Program (EAP)
- Wellness reimbursements (e.g., gym memberships)
- Flexible “Dress for Your Day” approach
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