Sr. VP of Business Development

Job Description

Company Overview:

Stansberry Asset Management (SAM) is proud to be recognized as a certified Great Place to Work, reflecting our commitment to fostering a supportive, positive, and collaborative environment where employees truly enjoy coming to work. Here, employees engage in meaningful work, directly helping clients achieve their financial goals, which brings a deep sense of purpose and satisfaction.

Our culture is rooted in collaboration, inclusion, and transparency, with accessible leadership that values input and creates a genuine sense of belonging.

While skills and expertise matter at SAM, finding the right culture fit is our top priority. We seek individuals who bring a commitment to hard work and excellence, while also embodying our core values of collaboration, respect, and integrity. We believe skills can be developed, but a strong work ethic and the right attitude are crucial for achieving long-term success - for both our team and our clients.

SAM is seeking a Vice President of Business Development to support the firm’s private client growth strategy within the Midwest or Northeast territory. This role is ideal for a motivated and relationship-driven professional who excels at engaging with high-net-worth individuals and identifying opportunities to introduce them to SAM’s investment solutions.

As the VP of Business Development, you’ll take a leading role in your territory, meeting with prospects, in person and over the phone to understand their needs and recommend appropriate strategies from SAM’s offerings. Your efforts will be focused on converting clients from warm leads who have expressed an interest in SAM generating qualified opportunities and helping convert prospects into long-term clients in partnership with internal teams.

The ideal candidate has a strong background in wealth management or financial services, a successful history of directly acquiring clients with a demonstratable history of success and outperformance and thrives in a field-based, client-facing environment. This is a high-impact role for someone who leads with credibility, understands the nuances of client behavior, and is energized by growth.

Key Responsibilities

Drive new high-net-worth client acquisition and grow AUM through proactive outreach, relationship building, and strategic networking

Develop and execute a scalable business development strategy aligned with the firm’s growth objectives

Represent the firm and present at client-facing events, investor seminars, and industry conferences with professionalism and clarity

Craft and deliver tailored investment presentations that reflect the unique needs and goals of each prospective client

Partner with internal stakeholders (investment, marketing, and operations teams) to support prospect engagement and onboarding

Analyze lead generation and conversion metrics to continuously refine outreach strategies and increase close rates

Maintain a deep understanding of market trends, investor psychology, and the competitive landscape in wealth management

Serve as a credible spokesperson for the firm’s investment approach, philosophy, and brand

Qualifications:

7–15+ years of experience in private wealth, investment sales, (with a direct-to-client focus

Demonstrated success personally closing $40M+ in new AUM per year

High emotional intelligence, strong communication skills, and a disciplined approach to relationship building

Experience working with sophisticated investors and navigating complex financial conversations

Based in the Midwest or Northeast U.S., with flexibility to travel

Series 65 is required

Compensation:

Base salary range of $70,000 –$125,000 depending on experience and location, plus aggressive variable compensation tied to new AUM raised.

Total earnings potential exceeds $300,000+ annually for top performers.

Full-time