Senior Vice President, Business Development

Job description

D.A. Davidson Companies is an independent, employee‑owned company with a rich history spanning 90 years. We are dedicated to conducting our business in accordance with the highest standards of integrity and ethics, and delivering outstanding service to our clients and each other. We support a friendly, open and supportive culture, and encourage candid communication and productive engagement that make our companies and each of us better. Just as we work to improve our clients’ financial well‑being, we also work to strengthen local communities—and giving back is one of our core values. You can learn more about our company culture and impact in our latest annual report.

Davidson Investment Advisors, founded in 1975, manages approximately $7 billion in assets and is a wholly owned subsidiary of D.A. Davidson Companies. Headquartered in Great Falls, MT, D.A. Davidson Companies is an employee‑owned financial services firm providing wealth management, asset management, trust, and capital markets services across the United States. The company offers strong benefits and prioritizes client success. Those interested in learning more or applying should email the hiring manager.

We are seeking an experienced and entrepreneurial business development professional to help drive the next phase of DIA's growth.

Summary

The Senior Vice President, Business Development will be responsible for developing and executing business development strategies designed to increase assets under management and revenues across Davidson Investment Advisors' investment solutions. This individual will cultivate relationships with financial advisors, registered investment advisors, bank trust departments, family offices, consultants, and other key distribution partners throughout the Mid‑Atlantic region. The successful candidate will be a highly motivated, consultative sales professional with deep knowledge of investment management, separate accounts, fixed income strategies, equity strategies, model portfolios, and advisor distribution channels. This individual will serve as a senior ambassador for the firm and play a critical role in expanding awareness of Davidson Investment Advisors' investment capabilities and strengthening relationships with existing strategic partners. The position will be based in Richmond, Virginia, and will report to the Director of Business Development.

Key Responsibilities

Business Development & Asset Growth

Develop and execute a territory business plan focused on gathering new assets and expanding strategic relationships

Identify, qualify, and cultivate new opportunities across independent advisor, RIA, broker‑dealer, bank, trust, and institutional channels

Support relationships with platform gatekeepers, due diligence teams, consultants, and home‑office decision makers to increase access and distribution

Collaborate with investment and client service professionals to deliver tailored solutions for prospective clients

Relationship Management

Build and maintain long‑term relationships through consultative engagement and ongoing service

Conduct in‑person and virtual meetings with advisors, clients, and centers of influence

Represent Davidson Investment Advisors at conferences, industry events, and educational programs

Serve as a trusted resource on the firm's investment capabilities, portfolio positioning, and market outlook

Strategic Collaboration

Work closely with portfolio managers, research analysts, and operations team members to support sales initiatives

Contribute to marketing campaigns, educational content, and business development materials

Maintain accurate and timely activity records within CRM systems

Provide market intelligence and competitive insights to senior leadership

Required Qualifications

Bachelor's degree in Finance, Business, Economics, Marketing, or related field

10+ years of investment management, asset management, wealth management, or institutional sales experience

Demonstrated success sourcing, developing, and closing new business opportunities

Deep understanding of Separately Managed Accounts (SMAs), Unified Managed Accounts (UMAs), Fixed Income Strategies, Equity Strategies, Model Portfolio Distribution

Strong presentation, communication, and relationship‑building skills

Ability to work independently while collaborating effectively in a team environment

Ability to travel regularly throughout assigned territory

Series 65 or 66 license (or ability to obtain within a defined period)

Preferred

CFA®, CFP®, CIMA®, MBA, or other relevant professional designation

Existing relationships within the RIA, broker‑dealer, bank trust, or institutional consultant communities

Experience working with advisor platform distribution partners and home‑office research teams

What Success Looks Like

Expand Davidson Investment Advisors' presence and asset distribution throughout the Mid‑Atlantic region

Generate meaningful net new assets across strategic distribution channels

Establish trusted relationships with financial advisors and key decision makers

Increase awareness of the firm's investment capabilities and thought leadership

Contribute to the long‑term growth objectives of Davidson Investment Advisors

Model behaviors in alignment with the firm’s Team Agreement, which is a commitment to the following:Curiosity – avoid becoming defensive and remain open to learning

Accountability – taking 100% responsibility (no more; no less) for results; no blaming

Candor – engaging in courageous truth‑telling to increase power and speed in decisions

Awareness – tapping every emotional and intuitional resource for decisions

Passion – discovering and allowing people to do what they do best

Appreciation – expressing gratitude and fostering a culture of sincere cooperation

What we offer

Competitive salary plus excellent benefits and perks including, but not limited to:

Medical, Dental and Vision

Company 401(k) and ESOP contribution

Generous sick, vacation, and maternity/parental leave

Paid holidays

Professional Development Opportunities

Tuition Reimbursement ($15,000 lifetime cap)

Discounted personal insurance including home, auto and recreational vehicles

Charitable gift‑matching program

Davidson Day of Giving – Our tradition of positively impacting communities in which we live and work

The compensation offered will be determined on a case‑by‑case basis considering a variety of factors including, but not limited to, the skills, relevant work experience, and geographic location of each specific candidate.

Equal Opportunity & Diversity Statement

At D.A. Davidson, we are committed to fostering a diverse environment that supports the development and inclusivity of all employees.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

ACKNOWLEDGMENT

Please answer all questions carefully. By submitting this application for employment, I certify that all of the above information is true and complete and I understand that any falsification or omission of information made by me may disqualify me from further consideration for employment or, if hired, may result in my termination of my employment at any time during the period of my employment, regardless of the amount of time that has passed. California applicants, please see D.A. Davidson’s California Resident Privacy Policy.

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Worksite address

richmond, VA, 23214, US

Who can apply

Review the original listing for work authorization, qualifications and employer requirements.