Hire Resolve's client, a leading wealth management firm, is seeking a Business Development Manager (BDM) to join their dynamic team in Cape Town. The BDM will play a key role in supporting the Advisory Sales Executive (ASE) to drive revenue growth within a designated group of financial advisors. This position focuses on executing strategic initiatives, leveraging cutting-edge technology, expanding the client base, and recruiting and integrating new advisors into the firm. If you have a passion for business development, relationship management, and growing the financial advisory sector, this opportunity is for you!

Responsibilities

• Support the Advisory Sales Executive (ASE) in driving revenue growth and advisor recruitment.
• Manage a focus list of 25 advisors, ensuring a 12.5% annual revenue growth through strategic initiatives.
• Recruit seven new advisors annually who meet specific profile criteria.
• Implement Group-related initiatives such as cross-selling, AUA conversion, and GC margin improvement.
• Ensure advisors actively use Connect, Marketplace, and Connect to enhance client engagement and portfolio management.
• Provide performance feedback and improvement strategies to advisors.
• Develop business development plans aligned with company growth objectives.
• Conduct and share market analysis insights to guide decision-making.
• Maintain strong relationships with advisors to ensure loyalty and alignment with firm objectives.
• Address advisor needs and provide solutions for retention and satisfaction.
• Facilitate training and workshops on Connect, Marketplace, and Connect for advisors.
• Represent the company at sales events to enhance brand visibility and attract advisors.
• Monitor and report sales performance data, adjusting strategies for revenue growth.
• Evaluate the impact of technology tools on advisor performance and recommend improvements.

Requirements

• Bachelor’s degree in Finance, Marketing, Business Administration, Sales, or a related field.
• RE 1 and RE 5 (Advantageous).
• Diploma in Financial Planning or CFP Certification (Advantageous).
• Minimum 5 years in financial services, focusing on sales, business development, or advisor management.
• Fluent in Afrikaans & English
• Proven experience in driving revenue growth and managing client relationships.
• Strong analytical, strategic thinking, and communication skills.
• Proficiency in CRM systems, Microsoft Office, and other business-related software.
• Results-oriented, independent worker with adaptability to market changes.
• Professional, ambitious, and motivated by performance-based incentives

Benefits 

• Market-related salary

• Contact Hire Resolve for your next career-changing move today

  • Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
  • You can also visit the Hire Resolve website: hireresolve.us or email us your CV: [email protected]
  • Please use "Business Development Manager" as your subject line when applying via email

  We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise