Brokerage Services Financial Advisor

Bank of America; Los Angeles (CA); On-site; USD 70,000 - 151,000; Full time

Job summary

Join an established industry player as a Brokerage Services Financial Advisor, where you will provide tailored investment advice to ultra-high-net-worth clients. In this dynamic role, you'll leverage your expertise in investment management and trading to recommend strategies that align with clients' objectives. With a strong emphasis on client relationships and transparency, you will collaborate with a dedicated team to deliver exceptional service. This is an exciting opportunity to thrive in a fast-paced environment while helping clients achieve their financial goals through comprehensive wealth management solutions.

Qualifications

• Series 7 and 66 licenses required; experience in trading and managing a book of business.
• Strong communication and relationship-building skills are essential.

Responsibilities

• Recommend and execute investment products suitable for clients' objectives.
• Advise clients on investment and financial planning strategies.

Skills

Investment management and trading expertise

Analytical skills

Problem-solving skills

Client service background

Education

High School Diploma or equivalent

Job description

Job Description: Brokerage Services Financial Advisor at Bank of America

Join to apply for the Brokerage Services Financial Advisor role at Bank of America.

This range is provided by Bank of America. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$70,000.00/yr - $150,300.00/yr

About Merrill Lynch Wealth Management

Merrill Lynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. It specializes in goals-based wealth management, including retirement, education, legacy, and other life goals through investment advice and guidance.

Financial advisors at Merrill Lynch help clients pursue their envisioned lives through personalized relationships, emphasizing transparency and trust. They have access to Merrill Lynch's investment insights and Bank of America’s banking services.

Role Specifics

The Merrill Advisory Group (MAG) Financial Advisor (FA) is a fully licensed, non-commission retail broker position within a centralized team providing brokerage services to UHNW Private Bank clients. The FA partners with Private Bank teams to offer Merrill brokerage capabilities, handling client engagement, investment advice, securities execution, and account servicing.

Responsibilities

• Recommend and execute investment products and strategies suitable for clients' objectives and risk profiles.
• Advise clients on investment and financial planning strategies.
• Review and adjust client portfolios periodically to meet goals.
• Provide ongoing client service tailored to client needs and sophistication.
• Use consultative sales and presentation skills for client development.
• Stay informed on industry and firm trends.
• Complete mandated training and continuing education.
• Collaborate with team members and specialists to deliver client solutions.
• Adhere to compliance and regulatory standards.

Qualifications

• Series 7 and 66 licenses are required; additional licenses may be needed depending on the state.
• Experience trading across multiple asset classes and implementing complex strategies.
• At least 5 years managing a successful book of business.
• Excellent communication and relationship-building skills.
• Strong client service background.
• Encouraged to pursue further professional designations.

Key Skills

• Investment management and trading expertise.
• Analytical and problem-solving skills.
• Ability to work in high-pressure environments.
• Deep understanding of UHNW clients' investment needs.

Additional Details

Minimum education: High School Diploma or equivalent.

Shift: 1st shift (US).

Hours per week: 40.

Job Level and Employment Type

• Mid-Senior level, full-time.

Industry

• Banking, Finance, Sales.