Assistant Vice President, Tax Overlay

Assistant Vice President of Tax Overlay

At LPL Financial, we empower professionals to shape their success while helping clients pursue their financial goals with confidence. You will play a pivotal role in executing LPL's strategic vision for a World-Class Investment Platform. This role focuses on delivering enterprise-wide initiatives, including the national rollout of the LPL Tax Overlay Program and the growth and scalability of the MWP Platform. You will lead multiple concurrent initiatives within this program, ensuring delivery of key milestones related to the Centrally Managed Platform.

Success in this role requires a balance of strategic planning, stakeholder engagement, and disciplined execution, partnering across business units to meet enterprise priorities. You'll collaborate with internal and external stakeholders to drive alignment, manage risks, and uphold the integrity and scalability of program objectives. This position demands a unique blend of executional rigor, strategic thinking, and deep platform knowledge. Success will be measured by the seamless implementation of tax overlay services, stakeholder satisfaction, and new process implementation and scalability.

Responsibilities :

Program Leadership & Execution :

Lead and manage cross-functional workstreams to deliver on Tax Overlay and Centrally Managed Platform initiatives.

Drive enterprise alignment on roadmap goals, timelines, and prioritization strategies.

Ensure timely execution of deliverables through collaboration and communication with cross-functional partners, mitigating competing deadlines and managing resources effectively.

Lead dynamic team in the delivery and implementation of world class service from the Tax Overlay program.

Cross-Functional Collaboration & Alignment :

Collaborate across the firm to maintain alignment on vision, strategy, and performance to goals, approaching strategy with an entrepreneurial mindset, leveraging critical thinking to increase the value proposition of assigned products and programs.

Build and maintain strong relationships with enterprise stakeholders, advisors, and advisory consulting teams.

Partner with business leaders to prioritize enhancements, represent OPMG and Tax Overlay Trading in PI events, and support backlog grooming and prioritization.

Influence business partners to ensure technical and operational requirements reflect user needs.

Anticipate roadblocks and proactively resolve them to maintain momentum and alignment.

Engage stakeholders to shape a seamless advisor and client experience across platforms.

Change Management & Communication :

Drive organizational change initiatives, including communication strategies and training programs for new processes.

Develop and present executive-level updates to communicate progress, challenges, and key metrics.

Prepare and deliver data-driven presentations that facilitate executive decision-making.

Process Optimization & Risk Management :

Identify and execute continuous improvement opportunities that increase scalability and efficiency.

Monitor risks, gaps, and operational dependencies, partnering with product and compliance teams to resolve issues.

Responsible for development and implementation of staff training program, and accountable for ensuring process and procedures are documented and reviewed on a regular cadence while remaining in alignment with LPL Compliance Requirements.

Requirements :

Bachelor's Degree required.

Series 7 and 66 (or 63 / 65 equivalent) or obtain within 90 days of hire.

5+ years in investment-management program leadership, advisory platforms, or overlay-strategy implementations.

Deep expertise in unified managed accounts, portfolio accounting systems, and trading operations.

Proven track record of driving enterprise initiatives with executive-level impact.

Exceptional storytelling, presentation and influencing skills; comfortable engaging C-suite and advisor audiences.

Strong analytical mindset; advanced Excel (pivot tables, VBA / macros), PowerPoint, and data-visualization proficiency.

Demonstrated ability to lead through ambiguity, manage competing priorities, and deliver against tight deadlines.

Working knowledge of Modern Portfolio Theory, multi-factor risk models, and tax-optimization algorithms.

Core Competencies :

Strategic thought leader with strong analytical skills.

Expert user of Microsoft Excel, Access, and PowerPoint, including pivot tables and SmartSheet.

Excellent presentation skills, both in terms of creating clear messaging and professional presentation and delivery.

Strong interpersonal and team-building skills.

Accessible and approachable; a champion of winning together as a team.

Preferred Qualifications :

Familiarity with LPL's Advisory Account framework and technology ecosystem.

CFA / CFP designation or progress toward completion.

Experience leading Tax Overlay or Direct Index Tax solutions focusing on scaling tax-aware rebalancing and overlay workflows.

Pay Range :

$127,600-$212,600 / year. Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!

Company Overview :

LPL Financial Holdings Inc. (Nasdaq : LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace. LPL supports over 29,000 financial advisors and the wealth-management practices of 1,100 financial institution, servicing and custodying approximately $1.9 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.