At a Glance
- Tasks: Help clients achieve their financial goals through personalized investment advice and relationship building.
- Company: Join Merrill Wealth Management, a leader in comprehensive wealth management.
- Benefits: Enjoy competitive salary, industry-leading benefits, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on diversity and collaboration.
- Why this job: Launch your career as a Financial Advisor with world-class training and mentorship.
- Qualifications: Must have Series 7 & 66 licenses and experience in financial services or sales.
The predicted salary is between 80000 - 90000 $ per year.
Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management specializes in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance. Our Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs.
The Advisor Development Program is designed for individuals excited to make a career transition and follow their passion of becoming a Financial Advisor.
As an Advisor Development Program - Financial Advisor, you will be responsible for:
- Working with high-net worth individuals identifying needs, developing relationships, reviewing financial goals, and delivering comprehensive recommendations that align with the goals of both existing and prospective clients.
- Developing a book of business in order to meet and exceed established performance hurdles.
- Effectively prioritizing sourcing prospective clients, capitalizing on referrals, assessing customer needs, referring customers to the appropriate internal specialists, and executing highly customized solutions to meet client needs.
- Recommending investment products and services that are suitable for prospects based on their objectives, resources, time horizon, risk profile and preferences.
- Balancing investment growth, referral activities, customer follow up, prospect building, administrative compliance and personal growth and development.
- Organizing and managing resources (time, people, budget) to run a productive practice.
- Seeking the expertise of specialists, where appropriate, to identify planning and investment strategies for a client.
- Completing mandated training, assessments, performance goals and continuing education requirements.
We’ll help you:
- Build a successful career at Bank of America through world-class training and on-boarding programs.
- Get training and one-on-one coaching from our award-winning Academy at Bank of America and local leadership.
- Grow your business knowledge by using a defined consultative approach to systematically identify client needs and appropriate solutions.
- Provide end-to-end comprehensive advice, deliver client reviews/presentations with confidence and recommend strategies to help achieve their financial goals and life priorities.
- Collaborate with core banking and investment partners.
- Connect to all the solutions we provide through Bank of America and Merrill.
Responsibilities:
- Handles inbound inquiries from leads regarding Merrill offerings.
- Positions the extensive capabilities of Merrill and Bank of America.
- Collects the necessary client profile data, following standard KYC procedures to open account(s) as appropriate.
- Serves as interim Financial Advisor, providing recommendation of investment products and services that are suitable for prospects and clients.
- Documents all client interactions and opportunities within Salesforce accurately.
Required Qualifications:
- Currently holds Series 7 & 66 (63 & 65 in lieu of 66) licenses.
- Minimum of one year experience working in the financial service industry and/or a sales environment.
- Proven ability to engage with and influence others.
- Exceptional interpersonal and relationship building skills.
- Effective communication skills (written and verbal).
- Goal and results oriented.
- Entrepreneurial mindset with a proven ability to source clients through extensive prospecting and networking.
- Strong follow-through skills.
- Computer/technical literacy and proficiency in Microsoft Word, PowerPoint, Excel.
This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing.
Merrill Advisor Development Program - Financial Advisor – St Louis Metro Market employer: Bank of America
Bank of America is an exceptional employer that fosters a collaborative and innovative work culture in New Brunswick, where employees are empowered to lead impactful payments programs. With a strong focus on professional development, employees benefit from extensive growth opportunities and a commitment to work-life balance, making it a rewarding place to build a meaningful career in the financial sector.
