About this role
Opportunity Overview
The Practice Acquisition Manager is responsible for leading the execution of Advisor practice acquisitions from initial evaluation through transaction close. This role serves as the transaction lead for assigned acquisition opportunities, driving deal structuring, negotiations, due diligence, stakeholder alignment, and execution activities across the acquisition lifecycle.
The Practice Acquisition Manager partners closely with practice owners, Market Managers, Legal, Finance, Practice Integration, and other key stakeholders to develop transaction structures that align advisor objectives with the firm's growth strategy. The role is accountable for advancing transactions from initial evaluation through closing while managing risk, maintaining timeline discipline, and delivering a high-quality advisor experience throughout the acquisition process.
Key Responsibilities
- Develops transaction structures, economic terms, and deal frameworks aligned with firm objectives and advisor needs.
- Coordinates the development and execution of Letters of Intent, purchase agreements, and closing documentation.
- Leads cross-functional due diligence efforts across financial, legal, operational, compliance, and business workstreams.
- Prepares executive recommendations, transaction summaries, and approval materials for leadership decision forums.
- Partners with Legal, Finance, and Practice Integration teams to identify and mitigate transaction risks.
- Tracks transaction economics, key assumptions, and approval conditions throughout the deal lifecycle.
- Identifies opportunities to improve acquisition processes, negotiation practices, and execution effectiveness.
- Contributes to achievement of annual acquisition volume, AUM, and inorganic growth objectives.
Position Requirements
What Experience You Need
- Bachelor's degree in Finance, Business Administration, Accounting, Economics, or related discipline.
- Demonstrated ability to lead complex transactions from evaluation through closing.
- 5+ years of experience in mergers and acquisitions, corporate development, wealth management, investment banking, business development, strategic partnerships, or related fields.
- Demonstrated success managing transaction execution, negotiations, and due diligence activities.
- Strong understanding of financial statements, valuation concepts, transaction structures, and business economics.
- Demonstrated ability to manage multiple concurrent transactions and competing priorities.
- Strong project leadership, stakeholder management, and organizational skills.
What Could Set You Apart
- Wealth management, financial advisor, or RIA acquisition experience.
- Experience negotiating founder-owned business transactions.
- Familiarity with business valuation methodologies and transaction structuring.
- Experience working with attorneys, investment bankers, and external advisors.
Candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office four days per week.
Company Description
Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 9 million clients and 20,000 financial advisors across the U.S. and Canada, we’re proud to be privately-owned, placing the focus on our clients rather than shareholder returns.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.
Awards and Accolades
At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
EEO Statement
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
Salary Information
Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account.
Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.