Mutual Opportunities
Corporate Development Lead – Wealth Management
Boston, Massachusetts
Thank you to our employees for voting us one of the top places to work in Massachusetts for seven consecutive years!
Overview
At MassMutual, our wealth management offering is more than just a suite of products—it’s a mission to empower our network of financial professionals and advisors to help clients build lasting legacies. The MassMutual Wealth Management team plays a pivotal role in helping them elevate their practices. We’re proud of our growing portfolio of investment and protection solutions, which enable them to deliver personalized, holistic guidance that spans generations.
Through coaching programs, strategic practice management, and a strong commitment to our digital platform, we support financial professionals and advisors in scaling their businesses and reaching more people with meaningful financial guidance.
“Our team of wealth management professionals in our home office, many of whom are credentialed, is focused on the incredible opportunity for our network of financial professionals to provide more Americans with sound financial guidance alongside protection and investment products and services to build, grow, and pass on their wealth to future generations. Building on our reputation as a recognized and respected provider of protection solutions, we remain committed to helping our network of more than 6,500 financial professionals serve their clients across the full spectrum of their protection and investment needs. MML Investors Services, LLC — MassMutual’s independent broker-dealer — has leveraged its robust open-architecture platform to drive significant growth, earning a spot among the top ten largest independent broker-dealers in the United States by revenue in 2024, according to Financial Planning’s IBD Elite 2025 report. Joining our winning team means being a part of the next chapter of our growth by providing ever more sophisticated solutions and services to our financial professionals across the full range of clients’ financial lives.”
MassMutual Wealth Management is a business line of MassMutual. Securities, investment advisory, and wealth management services offered through MML Investors Services, LLC, Member SIPC, and a MassMutual subsidiary. 1295 State Street, Springfield, MA 01111-0001.
Job Description
Corporate Development Lead – Wealth Management
Corporate Development
Full-Time, Boston
The Opportunity
We are seeking a results-driven, engaging and dynamic leader for our Corporate Development team, with a primary focus on advancing the enterprise’s wealth management growth strategy. The Corporate Development Lead will be part of a high-achieving and inclusive team responsible for identifying, evaluating and executing acquisitions, strategic investments, partnerships and other inorganic growth opportunities across the wealth management ecosystem. Working closely with the senior leaders of MassMutual’s affiliated distribution and wealth management business, the role will assess opportunities spanning registered investment advisers, wealth platforms, advisor capabilities, client solutions, technology and adjacent businesses, with a focus on strategic fit, advisor satisfaction and strong client outcomes.
The Team
MassMutual’s Corporate Development team drives strategic growth and value through disciplined M&A and partnership sourcing and execution as well as integrated strategic and financial oversight of MassMutual’s Key Operating Entities (KOEs). The team includes experienced leaders and professionals as well as employees in the iMMerse analyst program, a talent initiative run in partnership with Corporate Strategy. For wealth management opportunities, Corporate Development works closely with business leaders and subject matter experts across our MMFA financial advisor network, Wealth Management, Corporate Strategy, Finance, Legal, Compliance, Risk, Technology, Human Resources, Treasury, FP&A, Controllers and Tax
.
The Impact
The Corporate Development Lead – Wealth Management will report directly to the Head of Corporate Development and will lead the origination, evaluation and execution of inorganic growth opportunities that strengthen MassMutual’s wealth management capabilities, reach and client value proposition.
- Lead wealth management corporate development and transaction execution, including:
- Partnering with enterprise and wealth management leaders to translate strategic priorities into a focused inorganic growth agenda and actionable pipeline.
- Sourcing and assessing acquisitions, minority investments, joint ventures and strategic partnerships across broker-dealers, registered investment advisers, wealth platforms, financial planning, technology, investment solutions, and adjacent services.
- Evaluating strategic fit, market attractiveness, competitive positioning, advisor and client value propositions, organic growth potential, economics and scalability.
- Building and interpreting financial models and valuation analyses, organic and inorganic growth rates, revenue mix, fee rates, advisor productivity, client retention, net flows, margin expansion, capital requirements and transaction returns.
- Leading cross-functional deal teams and critical work streams through diligence, negotiation, approval and closing; identifying key risks and value drivers; engaging internal and external subject matter experts; and owning executive management and Board materials.
- Partnering with business and functional leaders to shape integration priorities, operating-model decisions, governance and value-realization plans, with particular attention to advisor and client retention.
- Develop Analysts and other team members through active coaching, feedback, mentoring, recruiting and training.
- Role model inclusive, client-centered and team-oriented leadership.
- Influence the company’s strategic direction through an integrated partnership among Wealth Management, Corporate Strategy, Corporate Development and Strategic Intelligence.
Minimum Qualifications
- 5+ years of Corporate Development at a wealth manager or related entity within the wealth management ecosystem, including investment banking, private equity, principal investing or other advisory services at the Associate level or above, including experience leading substantive portions of M&A transactions.
- Demonstrated experience evaluating wealth management, advisor network and related distribution businesses, including their operating models, growth drivers and economics.
- Experience from a top-tier investment banking firm, investment organization or leading internal Corporate Development function.
- Bachelor’s degree; a graduate degree is valued but not required.
- Advanced financial modeling and valuation skills, with the ability to build well-reasoned projections, assess transaction returns and clearly communicate key assumptions, risks and implications.
- Experience coordinating cross-functional diligence and working effectively with senior business leaders, functional experts and external advisers.
- Track record of developing Analysts and other team members through coaching and mentoring.
Ideal Qualifications
- Strong understanding of wealth management industry dynamics, including advisor-led distribution, growth drivers, client segmentation, recurring fee-based revenue, regulatory considerations, technology enablement and consolidation trends.
- Strong transaction discipline, including exemplary attention to detail, sound judgment, comfort with ambiguity and the ability to manage multiple priorities in a fast-paced environment.
- Ability to create concise, compelling and data-driven communications for senior leaders and governance forums.
- Ability to build trusted, high-impact relationships with senior leaders, business partners, target-company management teams and external advisers.
- Commercial orientation and the ability to connect transaction analysis to practical implications for clients, advisors, growth, operations and long-term enterprise value.
Direct experience at a leading wealth management firm is strongly preferred. Experience in adjacent sectors—including asset management, retirement, insurance, financial technology or advisor services—may also be relevant when paired with a strong understanding of wealth management business models and transaction dynamics.
What You Can Expect as Part of MassMutual and the Team
- Regular meetings with the Corporate Development team
- Focused one-on-one meetings with your manager
- Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran and disability-focused Business Resource Groups
- Access to learning content on Degreed and other informational platforms
- Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits
#LI-LS1
MassMutual is an equal employment opportunity employer. We welcome all persons to apply.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.
MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
Salary Range: $167,800-$220,200
Hiring Process
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Screen
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Interview
If you are invited for an interview, you will be scheduled to meet with the hiring manager and hiring team.
Offer
If you are extended an offer to join MassMutual and accept, your start will be contingent upon a satisfactory background check.
Hire
If you accept the offer, we will be so excited to welcome you to the MassMutual community!
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
By the numbers*
- 85% of employee respondents say they are proud to work at MassMutual
-
90
% of employee respondents say the work they do at MassMutual is meaningful - 85% of employee respondents say they feel encouraged to come up with new and better ways of doing things
*Source: 2025 MassMutual employee engagement survey
Award-Winning Culture
MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members and participating policyowners, we are defined by mutuality and our vision to provide financial well-being for all Americans. It’s more than our company structure — it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources and rely on each other when it counts.
We strive to build a thriving community where everyone is valued, included, and feels that they belong.
At MassMutual, we Live Mutual.
How We Work
MassMutual’s flexible workplace approach combines the importance of connecting in person and the flexibility of working remotely. Our hybrid model puts collaboration first with employees coming in at least three days per week to our spectacular campus settings and also enjoying the flexibility of remote Fridays, company-wide remote weeks, and a bank of flexible remote weeks to use throughout the year.
Benefits for the whole you (and your loved ones)
There’s more to your life than your job and there’s more to your aspirations than a paycheck. We take a holistic view of compensation and benefits that provides the flexibility to create a healthy balance in your life for work, family, and community. We offer the benefits you’d expect, like medical, dental, 401(k), and generous vacation time, but we also offer ones you might not expect, like three paid days for volunteering, a $1,250 annual Well-Being Wallet, and up to 320 hours of caregiver leave.
Explore some of our offerings below. Benefit details can be found here.
Why MassMutual?
Candy
Marketing Consultant
Atsam
Head of Advisor/Client Experience & Business Excellence
Erica
Head of Procurement
where we work
Springfield Office
1295 State Street, Springfield, MA
Boston Office
10 Fan Pier Blvd, Boston, MA
New York Office
2 Park Ave,
New York, NY
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