About this role
About Monark. Monark is building the API infrastructure that embeds private market access directly inside wealth management and brokerage platforms. Our system enables brokerages, wealth platforms and financial advisors offer pre-IPO investments to their clients, directly embedded (https://d4hpmf04.na1.hubspotlinks.com/Ctc/L1+113/d4HPmf04/VVSX-k2JXDwjMPLk-MQdBB_W8GDvjX5VsdJpMmLVSx3m2nnW7lCdLW6lZ3mZW5rSjpx3YNdqSW8kx5CF85j_7PW6dXgn74sQF_cW13s_T68lFTtFVTLgYs33CVmfW6mMNq97D5WFpW5tnF1q1qcbzhW4zbjzv6lHg5jW42pK2c5r0ZB8W8nvtG53XKpqCN2wG6193vD6MW1YDHKf3GHpHqW2py1NN84ykbYW70djVz7r8Z6FW4HF-sb2STQJcVzJYDV9009dlW6x88yl1SS1PKVqDLF01kHZn2W36R00G1R15F_W1tjtmh5LTb4BW6xzKTz2sfpqNW9gyXpc75FFMQW8GkF4H1v2wwNW7HSwjz172cqff4xBtxR04) within the platforms they already use. Monark operates through MMM Securities LLC, a FINRA and SIPC member broker-dealer, and is backed by F-Prime Capital, Commerce Ventures, The Treasury, Grit Capital Partners, and others.
The Role. As the Head of Wealth Distribution working at Monark, you'll work directly with the financial advisors on the platforms that Monark is already integrated with, helping
What You'll Do:
- Own a dedicated book of RIA relationships on the platforms that we're already integrated with
- Run the full funnel, from warm intro, to education, to onboarding, and activation.
- Guide advisors through the end to end flow, from initial client conversation, to indication of interest and eventual subscription. You'll be their white glove alts service provider, working behind the scenes to help them become pre-IPO experts in front of their clients.
- Own your pipeline in our CRM, updating and tracking advisors and mandates accordingly.
- Work closely with our capital markets team, communicating advisor-led mandates to source and structure supply accordingly.
- Report regularly on pipeline health, activation rates, and dollar volume by account
- Be the advisor's voice inside Monark, feeding our product, deal, and compliance teams what RIAs are asking for
- As the model proves out, help extend the playbook to new wealth management platforms.
What you'll need:
- Active Series 7, Series 66, or Series 63 registrations.
- 5+ years working with financial advisors in the alternative assets space
- A can-do attitude.
Benefits
- Own a significant book early. Our partner platforms make warm introductions between their clients and our team - you'll receive a list of warm leads on day one, no prospecting needed.
- Support from our marketing department: tear sheets, one-pagers, educational material and other supporting documentation to help you focus on building relationships with advisors.
- Opportunity to receive equity in Monark, sharing in the upside across all of our business lines.
Compensation:
- Base salary of $140,000 - $200,000+ per year
- Variable commission based on the number of activated advisor accounts and advisor-reported satisfaction
