Whether you’re looking for a high-energy, inclusive atmosphere or a company that understands the importance of work/life balance, Commonwealth is your match! From generous bonus and 401(k) programs to tuition reimbursement and opportunities for flexible work schedules, Commonwealth is focused on helping its employees thrive in an environment suited to their needs. On top of all that, the Practice Management department offers a hybrid work schedule, so you’ll be able to work from home for part of the week!

Our Practice Management department is looking for a business consultant to work with our team and enterprise clients as part of our dynamic and growing business consulting group. The ideal candidate will bring creative problem-solving skills, energy, passion, technical expertise, and emotional intelligence to this position, which requires the integration of business and finance acumen with the interpersonal skills necessary to effectively work with clients.

Key Responsibilities

• Consulting with ensemble and enterprise firms to help them determine the best business model to achieve their long-term goals, drive growth, build scale, and create an enduring legacy
• Engaging with Commonwealth’s largest and most complex enterprise clients, addressing a broad range of factors related to organizational structure, leadership roles, infrastructure, financial management, and compensation systems
• Supporting ensemble transformation to equity-based ownership structures by creating pro forma financial models, mapping compensation systems, determining partnership criteria, and designing frameworks to add or transition partners
• Helping firms put financial structures in place to properly track, monitor, and benchmark financial performance and identify actionable implications
• Guiding advisors as they scale their businesses, introduce a tiered service matrix, and optimize their time to achieve growth
• Providing insight as firms navigate difficult team dynamics and productively address conflict
• Collaborating extensively with the other Practice Management consulting teams to provide holistic support for all phases of the business life cycle
• Presenting at Practice Management programs and Commonwealth conferences
• Contributing articles to brand publications

Core Strengths and Skills

• Deep understanding of the issues facing small business owners
• Ability to clearly communicate nuanced concepts and navigate complex interpersonal dynamics when they arise
• Strong Excel modeling, analytical, and creative problem-solving skills
• Ability to interpret financial statements
• Comfortable in a fast-paced, high-demand, dynamic environment
• Ability to work as both a collaborative team member and an individual contributor
• Strong written and verbal communication skills
• Excellent listening and follow-up skills
• 10+ years of experience working with financial advisors, in small business management, or as a business consultant
• Bachelor’s degree required; MBA or specialized master’s degree preferred

Have we piqued your curiosity? Can you see yourself thriving in this opportunity? Let’s introduce ourselves.

Picture Yourself Here

At Commonwealth, we believe in a better world. We hold ourselves and each other to higher standards. We take care of one another. That’s why we invest in you—we encourage employee growth both in your career and education; we are building out a robust diversity, equity, and inclusion program; we offer incredible health care benefits; and we find plenty of occasions to celebrate. What’s not to love?

We are always striving to be better, and we are looking for employees who share that same mindset. Better people, better coworkers, better leaders, better creators. Bring your best work and your full self to the table, and we will do the same. Together, we can build a better future for our advisors, their clients, our company, and you.

About Commonwealth

Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser, provides a suite of business solutions that empowers more than 2,000 independent financial advisors nationwide.

J.D. Power ranks Commonwealth “#1 in Independent Advisor Satisfaction Among Financial Investment Firms, Nine Times in a Row.” Privately held since 1979, the firm has headquarters in Waltham, Massachusetts, and San Diego, California.

Turning our advisors into raving fans starts by doing the same for our employees. We foster an environment of excellence, growth, rewards, and fun in equal measure, which has earned us 43 Best Place to Work awards.

The Fine Print

We care about your online safety as a prospective employee and encourage you to exercise caution when responding to job postings online. Commonwealth will never ask potential hiring candidates to pay or transfer funds as a precondition of interviews or employment, nor will we authorize recruiters or agents to do so on our behalf.

Commonwealth is an equal opportunity employer, making intentional efforts to source talent from all backgrounds.