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Director Practice Management information

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$46K

$134.4K

$219.5K

How much do director practice management jobs pay per year?

As of Aug 27, 2026, the average yearly pay for director practice management in the United States is $134,445.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,000.00 and $175,000.00 per year, depending on experience, location, and employer.

What is the difference between Director Practice Management vs Practice Manager?

AspectDirector Practice ManagementPractice Manager
CredentialsTypically requires advanced degrees (e.g., MBA, healthcare administration) and extensive experienceUsually requires a bachelor's degree and relevant experience in healthcare or practice management
Work EnvironmentOversees multiple practices or departments, strategic planning, high-level decision makingManages daily operations of a single practice or clinic, staff supervision
Employer & Industry UsageUsed in healthcare organizations, hospital systems, large clinicsCommon in outpatient clinics, private practices, healthcare facilities

The main difference is that the Director Practice Management focuses on strategic oversight and managing multiple practices or departments, while the Practice Manager handles daily operations within a single practice. The Director role involves higher-level planning and leadership, whereas the Practice Manager is more involved in day-to-day management.

What does a director practice management do?

A director of practice management oversees the operations, efficiency, and strategic planning of a healthcare or professional practice. They coordinate staff, manage budgets, implement policies, and utilize practice management software to improve service delivery and profitability.
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Director Practice Management jobs near you
Infographic showing various Director Practice Management job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 83% Physical, 2% Hybrid, and 15% Remote job distribution, with an average salary of $134,445 per year, or $64.6 per hour.

Director, Practice Management

Tampa, FL • On-site

Concurrent Investment Advisors
See more jobs at Concurrent Investment Advisorsexternal

$110K - $130K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 4 days ago

Job description

Description
The Director, Practice Management will play a pivotal role in driving operational efficiency, growth, and strategy within independent financial advisory firms with a particular focus on AI adoption and integration. The ideal candidate will possess a strong background in practice management, technology implementation, and business development, along with hands-on experience utilizing AI at both the corporate and advisory firm levels. This role will involve both strategic leadership and hands-on program management, focusing on developing group coaching and consulting programs designed to enhance practice management for independent financial advisors.

Responsibilities
Practice Management & Operational Efficiency: 
  • Lead initiatives to improve operational efficiency across financial advisory practices. 
  • Develop and implement growth strategies for independent advisory firms, focusing on client acquisition, retention, and profitability. 
  • Oversee the implementation of technology solutions that improve firm-wide operations, including CRM systems, financial planning tools, and back-office processes. 
  • Provide ongoing practice management support, ensuring the integration of best practices for day-to-day operations. 
Program Management & Development: 
  • Design and implement group coaching and consulting programs aimed at improving practice management for financial advisory firms. 
  • Lead and manage program initiatives, including developing content, curriculum, and program materials that align with the needs of independent advisors. 
  • Work closely with internal stakeholders and external partners to refine program offerings and ensure alignment with firm goals. 
AI Integration & Corporate-Level Strategy: 
  • Utilize AI technologies to develop a training agent and coaching agent for financial advisory firms, enhancing advisor performance and practice management. 
  • Oversee the implementation and integration of AI solutions across both the corporate level and at the independent advisory firm level. 
  • Drive the use of AI tools within advisor offices to automate administrative tasks, enhance client experiences, and streamline business operations. 
  • Collaborate with the AI development team to ensure tools are user-friendly, effective, and meet the needs of financial advisors. 
Leadership & Personnel Management: 
  • Lead, manage, and mentor teams focused on practice management, AI integration, and program development.
  • Work closely with cross-functional teams, including marketing, operations, and technology, to ensure alignment of practice management programs and AI tools with firm goals. 
  • Provide ongoing training and support to team members, empowering them to implement strategies that drive growth and operational success. 
Business Planning & Strategy: 
  • Collaborate with senior leadership to develop and implement strategic business plans that drive growth, profitability, and operational excellence. 
  • Use data-driven insights to assess and refine business strategies, ensuring alignment with both short-term and long-term firm goals. 
  • Support the firm’s leadership in identifying new opportunities for growth, market positioning, and client engagement. 

Qualifications
  • Bachelor's degree required. Finance, Economics, or related area of study preferred.
  • 3 or more years of experience required in practice management for independent financial advisory firms, with a proven track record of driving operational efficiency, growth, and technology implementation.
  • Extensive experience in developing and implementing business plans, growth strategies, and technology solutions within the financial services industry. 
  • Strong understanding of the independent advisory firm ecosystem, including client management, back-office operations, and service delivery. 
  • Experience in program management, particularly in developing coaching and consulting programs for financial advisors. 
  • Demonstrated experience in implementing AI solutions at the corporate level or within independent financial advisory practices. 
  • Strong project management skills with the ability to lead cross-functional teams and manage multiple initiatives simultaneously. 
  • Deep knowledge of financial technology platforms, CRM systems, and practice management tools with a particular focus on how automation drives business growth. 
  • Expertise in AI and its applications within the financial services industry, particularly in enhancing advisor operational efficiency and advisor performance. 
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with senior leadership and advisory teams. 
  • Strategic thinking and problem-solving capabilities, with a focus on innovation and continuous improvement. 
  • Innovative thinking and a willingness to bring new ideas to the table.
  • Ability to navigate complex situations with advisor teams with tact and confidence and flexibility to engage with various roles and skill levels within advisor offices.

Benefits
  • 401(k) matching
  • Dental Insurance
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance
  • Equity