Director, Advisor Transitions

About Altruist

Altruist is the modern custodian built exclusively for independent financial advisors that combines a self-clearing brokerage firm with intuitive software for account opening, trading, reporting, and billing — all in one streamlined solution. Financial advisors across the U.S. have partnered with Altruist to reduce costs, save time, grow their business, and provide better outcomes for their clients. Our mission is to make financial advice better, more affordable, and accessible to everyone — but we can’t do it alone. We’re seeking exceptional talent to join our team. That’s where you come in! 

If you’re passionate about challenging the status quo and making a meaningful impact in the financial advice industry, we’d love to meet you!

But first, our values

Kindness - Kindness doesn’t just equal niceness. We listen to understand. We embrace, and encourage healthy debate and diverse perspectives. We approach conflict openly, honestly, and respectfully.

Brilliance - Humility is the skill we’re most proud of and possessing a growth mindset is always top of mind. We take ownership in everything we touch; regularly using our unique superpowers to reach a common goal as a team. We succeed and fail as one.

Grit - When challenges arise, we stay laser focused on achieving our mission and finding a way forward, even when it’s hard. We are nimble and maintain a sense of urgency, swiftly adapting to change and overcoming obstacles.

The opportunity

We’re looking for a seasoned, entrepreneurial Director of Advisor Transitions to lead our efforts in empowering financial advisors to achieve independence. This is a high-impact, client-facing leadership role that blends sales, business consulting, and strategic partnership.

The ideal candidate has a deep understanding of the RIA formation journey – particularly with the operational, legal, and compliance aspects of setting up and running RIAs. With a passion for guiding advisors through the transition to independence, you’ll act as both a strategic advisor and trusted partner – sourcing prospects, consulting on their breakaway path, and ensuring a successful transition process from start to finish.

Your impact

• Lead Breakaway Growth:
  • Drive the acquisition of institutional advisors exploring independence, positioning Altruist as the premier custodial partner for their new RIA firm.
  • Develop a go-to-market strategy specifically targeting breakaway opportunities, aligned with company-wide growth goals
• Prospect & Source:
  • Identify, engage, and build relationships with financial advisors at banks, wirehouses, and broker-dealers who are ideal candidates for independence
  • Leverage personal network, strategic outreach, and referral channels to build a robust pipeline of high-potential breakaway prospects
• Advisor Education and Consultation:
  • Engage with advisors exploring independence to understand their goals, concerns, and challenges.
  • Educate advisors on the benefits of transitioning to an RIA model and leveraging Altruist’s platform, including a focus early on whether the advisor is ready and wants to be a business owner. Can include guiding the advisor to another RIA that works with Altruist. 
• Transition Strategy Development:
  • Develop tailored transition strategies for advisors leaving wirehouses or large firms.
  • Outline clear, actionable roadmaps for setting up independent RIAs, including compliance, technology, and operational considerations.
• Partnerships and Business Development:
  • Develop key strategic partnerships to unlock incremental advisor opportunities
  • Structure business model agreements with key partners to drive growth
• RIA Setup and Compliance Support:
  • Provide hands-on assistance in the registration and setup of new RIAs, ensuring adherence to all regulatory requirements.
  • Partner with legal and compliance experts to address complex scenarios.
• Operational and Technology Implementation:
  • Guide advisors in adopting Altruist’s platform, emphasizing its capabilities to streamline operations and enhance client service.
  • Recommend complementary tools and integrations to build a fully functional and efficient RIA.
• Client Relationship Management:
  • Serve as a trusted and confidential advisor throughout the transition process, maintaining close communication to address questi