Head of Practice Strategy, VP II - State Street Global Advisors - Boston Massachusetts

Company: STATE STREET CORPORATION
Location: Boston, Massachusetts
Posted On: 05/02/2025

We are seeking a Head of Practice Strategy to lead a consultancy team focused on expanding State Street Global Advisors' (GA) market presence and advisor engagement by delivering high-impact solutions that enhance practice growth, efficiency, and resilience.The Practice Management team at GA partners with wealth and financial advisors with strategic insights, business solutions, and investor engagement strategies to drive business optimization, client engagement, and sustainable growth. Through deep collaboration and tailored insights, we work alongside clients to enhance service models, refine practice management, and deliver measurable results. We equip advisors with the tools and guidance to thrive in a changing landscape. As part of State Street's Advisory Solutions and Wealth Intelligence business within the Client Coverage Group (CCG), the Head of Practice Strategy will work across GA, aligning closely with the Head of Investor Strategy to create cohesive advisor and investor engagement strategies. You will collaborate with CCG's distribution teams supporting Broker-Dealers and Registered Investment Advisors to enhance client loyalty, strengthen brand preference, and elevate GA's position as the preferred partner for financial intermediaries and employers, alongside the investors under their care. Reporting to the Global Head of Advisory Solutions, this role ensures GA's wealth initiatives evolve in step with advisory industry needs.
As Head of Practice Strategy, you will:

• Lead practice strategy as a key function within GA's Practice Management team, ensuring intermediaries have the insights, tools, and strategies needed to drive long-term business resilience.
• Act as a trusted partner and strategic resource, embedding tailored insights into advisor firms' business structures, leadership frameworks, and practice growth strategies.
• Guide advisors and teams in business continuity and succession strategies, leadership and team transitions, and service model evolution, ensuring they are well-positioned for the future and on track to reach their long-term goals.
• Collaborate closely with the Head of Investor Strategy to align practice strategies with client acquisition and retention strategies, ensuring a seamless advisory experience that meets both business and client needs.
• Work alongside CCG distribution teams to embed GA's wealth-focused initiatives into client engagement strategies, reinforcing GA's role as a long-term partner to financial intermediaries and employers.
• Expand GA's market influence and thought leadership by representing the firm at industry and advisory firm conferences, client roundtables, and executive briefings. This includes serving as a key influencer, delivering high-impact presentations, leading workshops, and facilitating discussions that elevate our firm's standing as an essential partner to financial professionals.
• Develop and publish practice strategy content - white papers, articles, and best-practice frameworks - to help financial advisors navigate change and grow their practice.
  Success Measures:
  • Strengthen GA's Practice Management impact - Expand tailored consultative services, refine strategy execution, and scale business frameworks to enhance advisory practice growth.
  • Enhance integration with CCG's distribution team - Align wealth initiatives with GA's intermediary and employer clients, ensuring solutions support firm-wide priorities.
  • Maintain and grow GA's position as a preferred partner for practice management- Expand market influence and satisfaction, measured through net promoter scores, event participation, consulting engagements, and strategic partnerships.
  • Advance influence and industry presence - Elevate GA's brand positioning through high-impact content, industry speaking engagements, and research-driven insights.
  • Drive seamless collaboration with the Head of Investor Strategy - Foster synergistic engagement models that integrate advisor business development and investor experience to maximize client success.Education & Qualifications:
    • Minimum 10 years of experience in wealth management, advisory business consulting, or practice management strategy.
    • Proven ability to drive business transformation and implement practice optimization strategies at scale.
    • Exceptional communication and consulting skills with the ability to engage, influence, and partner with wealth management executives and advisory teams seeking new opportunities to grow their practice.
    • Deep expertise in business optimization, advisor development, and enhancing scale and efficiency for financial advisors.
    • Experience working cross-functionally within asset management, wealth management, or intermediary-focused financial services.
    • Public speaking and content development experience, with the ability to represent GA at industry and client events, including leading breakout sessions and contributing as subject matter expert panel participant.
    • Ability to craft compelling narratives that outline clear, actionable steps advisors can take to enhance practice growth and efficiency.
    • Bachelor's degree required in a related field. Advanced degrees such as MBA, CFA, CFP are preferred but not required.
    • FINRA series 7 and 63 licenses required or obtainable within 6 months.
    • Available for travel regionally as required (35%-40%)
    • High level of integrity and professionalism
      
      Are you the right candidate? Yes!We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.About State Street Global AdvisorsWhat We Do.As the asset management arm of State Street Corporation, State Street Global Advisors has served the world's governments, institutions and financial advisors for over four decades. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become one of the world's largest asset managers with trillions of dollars under our care.Our Mission.At State Street Global Advisors our mission is to invest responsibly to enable economic prosperity and social progress. We are driven by a desire to help our clients, and those who rely on them, achieve a better future. We have a long history of developing innovative investment strategies to provide our clients with reliable and transparent returns, cost-effectively, and without excessive risk.Work, Live and Grow.We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to Flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.Inclusion, Diversity and Social Responsibility.We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you. State Street is an equal opportunity and affirmative action employer.Salary Range:$115,000 - $190,000 AnnualThe range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.Job Application Disclosure:It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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