Financial Business Partner

Job Summary

NewEdge Advisors (NEA) is seeking a highly skilled, service-minded Financial Business Partner with a positive, solutions-oriented approach. This role serves as the financial point of contact for the RIA, collaborating directly with advisors, home office staff, and the corporate finance team to uphold the financial health and integrity of the business. The Financial Business Partner reports to the Controller and is ideally based in New Orleans, LA. The ideal candidate brings deep knowledge of RIA financial operations and the ability to translate complex financial data into clear, actionable insights for advisors and leadership. This partner will be a trusted contributor to the business, ensuring accuracy across billing, compensation, and reporting while proactively identifying trends, supporting strategic planning, and driving growth for advisors across the firm. Location: New Orleans, LA 70130.

Responsibilities

• Develop a comprehensive understanding of all data sources used to calculate revenues, internal and external expenses, client billing schedules, and advisor pricing and servicing agreements.
• Reconcile transactions and fees by collecting and comparing data from custodial platforms, Orion, Salesforce, Nexus, and other systems.
• Support and oversee the month-end close to ensure timely delivery of accurate advisor branch financial data to the advisor, firm leadership, Operations, and the corporate finance team.
• Analyze financial statements and outputs to proactively identify trends, anomalies, and opportunities for improvement.
• Conduct in-depth analysis of the income statement, balance sheet, and cash flow from an operating perspective, using KPIs and other performance drivers to build multi-year financial models.
• Strategic Planning & Business Partnering
  • Support budget development, reforecasting, and ongoing financial projections for NEA, partnering with operations and leadership teams.
  • Prepare financial analyses and presentations for C-suite and Executive Board consumption, translating data into clear narratives and recommendations.
  • Develop, maintain, and monitor business performance metrics and KPI dashboards that enable leadership to make informed, data-driven decisions.
  • Assemble and summarize data across multiple business functions including Financial Operations, Human Resources, and Operations as needed.
• Reporting & Technology
  • Create and manage repeatable, standardized monthly and quarterly reports for NEA leadership and advisor teams, including AUM, brokerage and advisory production, profitability by team and advisor, and account-level summaries, delivered through Nexus, Tableau and/or Salesforce.
  • Maintain accurate RIA and custodial reporting and documentation to support audit readiness; serve as the primary contact for internal and external audit requests.
  • Create and maintain advisor affiliation P&L statements, and analyze affiliation P&Ls compared to budget.
  • Manage, submit, and approve invoices and expenses for the RIA; coordinate with external vendors, custodians, and advisor offices on invoice submission, advisory adjustments, custodial reimbursements, and accounts receivable and payable.
  • Complete ad hoc analyses and reporting as requested by leadership.

Skills & Qualifications

Required

• Proven ability to compare and reconcile multiple data sets, document procedures for complex processes, and implement quality control checks to ensure accuracy across the firm.
• Advanced Excel proficiency; working knowledge of the Microsoft Office suite.
• Experience with financial reporting and data visualization platforms, including Tableau, Salesforce, and Power BI.
• Strong written and verbal communication skills; able to explain complex financial information clearly to non-financial audiences.
• Ability to organize, prioritize, and manage multiple workstreams within established timeframes while maintaining a high standard of accuracy.
• Proven ability to investigate, research, and resolve problems independently.
• Professional demeanor with the ability to maintain confidentiality and build trusted relationships across the organization.

Preferred

• Experience with custodial platforms such as Fidelity, Schwab, Raymond James, Goldman Sachs, and/or LPL Clearing.
• Familiarity with RIA-specific systems such as Orion and related wealth management technology.
• FINRA SIE, Series 7, and/or Series 65/66 licensure.
• Background in financial services, wealth management, or a multi-entity operating environment.