Practice Acquisition & Recruiting Due Diligence Manager

Practice Acquisition & Recruiting Due Diligence Manager Apply locations MN - Minneapolis | Remote-Minnesota | time type Full time | posted on Posted Yesterday | job requisition id REQ-43770 Oversee and direct the Due Diligence process for all product lines, assessing potential business portfolios for asset portability. Exhibit and uphold a thorough understanding of products, processes, and capabilities relevant to broker dealers and Registered Investment Advisors (RIAs). Stay updated on industry competitive intelligence, including benchmarking and analysis. Facilitate discussions with candidates to finalize due diligence, develop Cost-Benefit Analyses (CBAs), and formulate financial proposals. Articulate the Thrivent Value Proposition and assist candidates in understanding our capabilities and processes. Serve as a connector among business leaders to collect insights and share best practices. Manage relationships within the sales organization and advocate for candidates to senior leadership. Examine complex issues related to advisor portfolios using data from various sources. Deliver analysis findings and recommendations to senior leaders to secure financial offers. Create valuation models and financial proposals for external practice acquisitions. Oversee the EAR and Practice Acquisition pipelines, ensuring accurate candidate records. Communicate the status of advisor recruiting and address complex challenges. DUTIES & RESPONSIBILITIES: Oversee and direct the Due Diligence process for all product lines, assessing potential business portfolios for asset portability. Exhibit and uphold a thorough understanding of products, processes, and capabilities relevant to broker dealers and RIAs. Stay updated on industry competitive intelligence, including benchmarking and analysis. Provide strategic assessment of the experienced Advisors’ book and help craft the most efficient transition path from the Advisor’s previous firm to TIMI. Remain informed on industry trends, broker protocol, and the movement of Advisors between firms. Work closely with due diligence analysts to inform offering strategies based on industry knowledge. Maintain understanding of recruiting trends and offerings across channels. Understand the needs of FAs and their clients to assist in determining appropriate investment solutions. Collaborate with other departments to bring expertise and solutions to FAs. Be well-versed in financial pro forma P&L related to Advisor transitions and incentive programs. Develop relationships with incoming FAs to coach and mentor for productivity and efficiency. Advocate for the needs of FAs within the organization. Model Thrivent’s leadership competencies: Model the Way, Rally the Team, and Deliver Outcomes. Support a culture of continuous improvement, employee engagement, and client focus, aligning with Thrivent’s values. Interact with legal, compliance, due diligence analysts, and FAs to support recruiting and policy modifications. QUALIFICATIONS & SKILLS: Required: College degree At least 7 years of industry experience FINRA SIE, Series 7, and 63/65 or 66 (within 90 days) Deep knowledge of experienced Advisor recruiting and sales solutions Understanding of distribution channels and financial markets Expertise in programs/services for FAs via brokerage and direct platforms Strong analytical and statistical skills Ability to motivate FAs and influence organizational decisions Excellent communication and presentation skills Preferred: MBA Financial services advanced designations (e.g., ChFC, CFP, CAIA) Pay transparency, benefits, and EEO policies are detailed, emphasizing Thrivent’s commitment to diversity, inclusion, and employee well-being. About Us

At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose, we provide financial advice, investments, insurance, banking, and generosity programs to help people thrive. As a membership-owned fraternal organization and financial services provider, we focus on our members’ goals and priorities, guiding them toward fulfilling financial lives. With over 100 years of history, Thrivent serves more than 2 million customers and is committed to diversity and community service.

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