About Practice Management

We help wealth management firms solve today’s business challenges so they can grow tomorrow.

Practice Management is State Street Investment Management’s advisory consulting capability for wealth management firms. We partner with advisory firms, platforms, and relationship teams to improve business performance, strengthen client relationships, support strategic initiatives, and create practical solutions that drive growth.

Our work spans practice strategy, leadership, operating models, client experience, succession planning, technology adoption, scalable delivery, and investor engagement — helping clients build stronger businesses while deepening their strategic relationship with State Street Investment Management.

Our work doesn’t end with recommendations: we turn successful engagements into frameworks, tools, educational resources, and scalable programs that extend impact across high-value relationships.

Position Summary

As a Senior Consultant, you’ll support leading wealth management firms, working with senior executives, advisory teams, and State Street relationship managers to address business challenges and support growth. You’ll help clients improve how they grow, lead, operate, and serve investors while developing practical consulting resources that strengthen Practice Management across the firm.

The role requires business strategy, intellectual curiosity, commercial judgment, and strong client engagement skills. Successful candidates help advisory businesses move from insight to action and develop resources that can be applied across client relationships.

Success requires the ability to engage financial advisors and firm leadership, contribute to strategic discussions, create actionable business resources, and manage multiple concurrent client engagements.

What Success Looks Like

• Build credibility across client relationships by supporting high-quality consulting engagements

• Strengthen relationships across priority advisory firms, platforms, and relationship teams

• Support adoption of strategic business initiatives through practical guidance and client-ready resources

• Develop resources that financial advisors can apply to support client action and business improvement

• Contribute to the scalability and consistency of Practice Management across the organization

• Help reinforce State Street Investment Management’s reputation as a credible, practical resource for advisory firms and wealth management platforms

• Provide day-to-day management, coaching, and direction for Practice Management direct reports while strengthening consulting discipline and execution over time.

What We’re Looking For

• Approximately 6–8 years of experience in wealth management, advisory consulting, practice management, or a related financial services function, with direct exposure to the wealth management or advisory industry.

• Experience developing client-ready business content, such as presentations, discussion guides, reports, or frameworks, including examples of original work and materials adapted from existing concepts.

• Demonstrated experience managing projects or workstreams from planning through delivery, including scoping, timeline management, stakeholder coordination, and execution.

• Experience facilitating business discussions with financial advisors, advisory teams, or wealth management leadership.

Strong candidates bring capability across five dimensions:

• Consultant — Able to frame business challenges, facilitate productive conversations, and help clients move toward practical next steps.

• Business Strategist — Understands how advisory firms grow, operate, lead teams, differentiate, and adapt to changing markets.

• Communicator — Comfortable presenting to financial advisor, advisory team, and firm leadership audiences and facilitating workshops.

• Content Creator — Develops presentations, discussion guides, playbooks, and educational resources from idea through delivery, creating original materials and adapting existing resources for client use.

• Organized Operator — Manages concurrent client engagements and deadlines while communicating priorities, risks, and progress clearly.

Additional Qualifications

• Strong written, verbal, presence, and facilitation skills, with the ability to influence without direct authority.

• Experience working collaboratively across multiple business functions

• Bachelor’s degree required

• CFP®, CFA®, MBA, CIMA®, CEPA®, CPWA®, or similar professional designations valued but not required

• Ability to travel approximately 25–35%

Salary Range:

$110,000 - $188,750 Annual

The 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.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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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.