Job Specifications
About Nicola Wealth:
We have a lot to be proud of at Nicola Wealth. Our sophisticated financial planning, our diversified private investment funds and their exceptional performance, our 98% client retention rate and our award-winning culture, combine to position us as a national leader in wealth management. Recognized as a Best Managed Company and one of Canada’s Top Employers, we are dedicated to upholding our firm’s values through this phase of significant growth.
By bringing together smart, dedicated and supportive colleagues from diverse backgrounds, we deliver extraordinary client service in a values-driven work environment. The collaboration, creativity and entrepreneurial spirit we were founded on provides the opportunity for you to make a real impact and build a rewarding career. We are passionate about our business, our culture and investing deeply in your growth and development to build for the future. If you have this same drive, then let’s talk!
Purpose of the Role::
The Senior Manager, Private Wealth Associates plays a pivotal leadership role in the Private Wealth team by guiding, developing, and managing a high-performing group of Wealth Planning Associates (WPAs) and related support roles. This role serves as both a people leader and strategic enabler—responsible for talent development, resource management, performance coaching, recruitment, and enhancing operational effectiveness across Advisor teams. The Senior Manager, Private Wealth Associates acts as the bridge between Associates and Advisors, ensuring a consistent, supportive, and developmental experience for team members and aligning talent with the business needs of the firm.
Core Responsibilities:
Leadership & People Development
Provide high-touch leadership to a span of :15–20 Associates across levels (AA, WPI, WPA, SWPA).
Conduct frequent 1:1s (weekly, biweekly, monthly based on tenure) focused on career development, performance coaching, and feedback.
Partner with Advisors to ensure Associates are supported and progressing on their career path.
Manage performance issues with discretion, EQ, and professionalism—often mediating between Associates and Advisors.
Utilize tools like the WPA Workbook, Reflektiv, and Team Charters to guide individual and team growth.
Talent & Resource Management
Recruit and onboard Associates; continuously build a candidate pipeline through networking and partnerships with Talent Acquisition.
Align Associate skillsets with Advisor needs through active resource planning and internal mobility oversight.
Proactively identify performance risks or development gaps and implement interventions.
Ensure appropriate staffing levels, succession planning, and transitions for high-performing or underperforming team members.
Strategic & Operational Execution
Partner closely with the Business Management team to ensure effective roll-out of Private Wealth strategic initiatives
Collaborate with internal stakeholders including NAT, CST, Client Operations, and Regional Office Services to drive operational efficiency and resolve bottlenecks.
Participate in strategic planning discussions and implement team-level tactics to support broader business goals.
Process Management & Continuous Improvement
Standardize development practices and performance feedback loops.
Maintain and improve career development tools (e.g., WPA Workbook, Joint Success docs) and contribute to the evolution of goal-setting frameworks.
Lead or contribute to side projects related to training, office strategy, well-being initiatives, and more.
Use internal systems such as SharePoint, Salesforce, and Dayforce to manage team operations and performance records.
Other relevant and related responsibilities, as assigned and as the needs of the organization change.
Required Skills & Qualifications:
A minimum of 5 years of leadership experience, ideally in the financial services industry in a client facing role
Background in Wealth Planning is highly valued (CFP, CIM, or equivalent) though not required
Familiarity with financial planning tools and CRM systems (Salesforce)
Experience managing professional, career-focused employees and working with senior stakeholders
Completion of a Bachelor’s degree in a related discipline
History of delivering results in a high performing, service-oriented capacity
Must be legally eligible to work in Canada for any employer
Compensation & Benefits Package:
This position comes with a competitive base salary hiring range of $100,000-$140,000, dependent on experience, skills, qualifications and internal equity.
At Nicola Wealth, our people grow our business, delight our clients, and live our values every day. Our comprehensive compensation and benefits package reflects our appreciation for this commitment. Whether it’s participating in our profit sharing and benefit programs on day one, or the opportunity to participate in our share ownership program, our people are able to go beyond a convention
About the Company
Founded in 1994, Nicola Wealth Management Ltd (Nicola Wealth) has over 30 years of investment management experience and has navigated through numerous market cycles, economic downturns, and geopolitical events. Over that time, we have built a team of investment professionals, managing a broad range of investment solutions which span traditional asset classes, such as Canadian and global equities and fixed income, as well as private asset classes including hard asset real estate, infrastructure, private debt, mortgages, and p...
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