Branch Office Manager

D.A. Davidson Companies is an independent, employee-owned company with a rich history spanning more than 80 years. We are dedicated to conducting our business in accordance with the highest standards of integrity and ethics, and delivering outstanding service to our clients and each other. We support a friendly, open and supportive culture, and encourage candid communication and productive engagement that make our companies and each of us better. Just as we work to improve our clients’ financial well-being, we also work to strengthen local communities—and giving back is one of our core values. You can learn more about our company culture and impact in our latest annual report.
D.A. Davidson is seeking a determined, experienced management professional to lead one of their long-standing complexes. The opportunity consists of two highly-productive branches filled with eight Financial Advisors, seven Client Associates, and 1 Supervisory Branch Office Operation Managers fully focused on delivering an exceptional client experience.
The qualified candidate would reside in the Salt Lake City, Utah area and will oversee two office locations in Salt Lake City and South Jordan. Branch Management is expected to be physically present in the offices on a daily basis and focus on the core responsibilities of leading and growing the branches through advocacy/support and coaching/developing Financial Advisors (and staff) in providing an exceptional client experience. Inorganic growth via recruiting the best advisor talent in the area, is also expected.
Lastly, these offices also have exposure to other D.A. Davidson Companies business units (Fixed Income Capital Markets, Davidson Investment Advisors and our Finance Dept.). This makes these offices unique and requires a special leader to oversee and provide an exceptional branch experience for all employees.
Qualifications:•Applicable industry exams: Series 7, 66 (or combination of Series 63 and 65) and 9 and 10 (or combination of Series 24, 4, and 53).•5+ years licensed brokerage experience required.•Bachelor’s Degree in Finance, Accounting or Business-related field strongly preferred. •Demonstrated leadership, management and motivational skills. •Excellent communication and interpersonal skills with the ability to build relationships with clients, prospects, colleagues and direct reports.•Thorough knowledge of securities industry rules and regulations.•Solid technology skills including Microsoft Word, Excel and Outlook.•Ability to follow policies and procedures and maintain client confidentiality.
Duties: •Leads Responsible Growth while Embracing D.A. Davidson’s Core Valueso Oversees day-to-day branch activities supporting productivity, compliance and excellent client service. o Participates in various weekly and monthly meetings. Disseminates information to appropriate personnel. Implements all policy and procedural changes.o Works with the Branch Office Operations Manager in the hiring and management of all branch office support staff.o Leads employee engagement efforts to strengthen culture; represent the enterprise the community and promote and encourage involvement in the branch.
•Coaches Culture of Excellenceo Manages and coaches Financial Advisors on current business practices, client acquisition and advises on leveraging solutions, tools and best practices. o Conducts business planning and generally supports FAs to strengthen practices.
•Supervises and Manages Risko Acts as the regulatory supervisor and manages supervisory tasks that need to be completed on-site.o Model’s standards of conduct and holds FAs and Associates accountable to them.o Conducts Annual Account Reviews with each FA within your branch.o Conducts periodic onsite visits to satellite branch offices as well as alternative work locations for personnel working in remote locations.o Reviews complaints received and works with the Compliance department on resolution.o Acts as primary on-site contact for all branch examinations (internal and external).o Leads by completing mandates and required trainings; ensures office completion.
Certain supervisory/regulatory duties may or may not be delegated to the Assistant Branch Manager, Supervisory Branch Operations Manager or other appropriate delegate. Reference the Branch Manager Delegation of Duty Form for a complete list of delegation duties.
•Manages Branch Financialso Develops branch’s overall budget and manages the budget to expected results.o Monitors monthly P&L and staff ratio requirements.
•Identifies and Executes Inorganic Growth Objectiveso Engages in ongoing recruiting activities working to develop a pipeline of current and potential recruit candidateso Recruits high performing advisors, reflecting the communities we serve.
•Performs other duties and special projects as necessary.
What we offer:Competitive salary plus excellent benefits and perks including, but not limi