Financial Advisor Trainee

Raymondjames; Beverly Hills (CA); On-site; USD 63,000 - 77,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Life insurance

Disability benefits

Retirement savings plan

Paid time off

Parental leave

Job summary

Raymond James’s Advisory Mastery Program (AMP) prepares trainees for a successful career as a Financial Advisor through education, training, and mentorship across technical and sales skills.

Participants build a client pipeline, manage client relationships, and develop a book of business while pursuing the necessary FINRA licenses within the program. After year one, production targets support long-term career development and contribute to firm revenue.

Qualifications

• Bachelor's degree required with 4+ years sales or business experience preferred.
• Equivalent combination of experience, education, and/or training accepted.
• SIE, Series 7 & 66, Life/Health/Variable Annuity licenses required or obtainable within specified timeframes.

Responsibilities

• Develop client pipeline by prospecting, networking, and community involvement.
• Manage full scope of client relationships and investment objectives.
• Recommend suitable investment products based on client needs, risk profile and time horizon.
• Develop a book of business aligned with AMP goals for AUM and production.
• Complete required program training and obtain mandatory licenses within set timeframes.

Skills

Presentation skills

Communication

Problem solving

Education

Bachelor's degree (B.A)

Finance

Tools

SIE

Series 7 & 66

Life/Health/Variable Annuity

Job description

Job Summary

The Advisory Mastery Program (AMP) is a unique development program designed to provide training and support to prepare trainees for a successful career as a Financial Advisor. Raymond James advisors provide sound financial advice and counsel consistent with our client's objectives, time horizon, and risk tolerance. AMP offers comprehensive education, training and mentorship of both technical and sales skills. The holistic approach of the program fully positions new advisors for success and long-term development. After their first year, successful AMP Advisors meet production targets that impact overall company revenue and help our clients realize their financial goals.

Essential Duties and Responsibilities

• Become trained and skilled to effectively and efficiently function in the Financial Advisor role:
• Develop client pipeline by prospecting, networking, community involvement, centers of influence and developing niches.
• Manage full scope of client relationship by evaluating client financial needs, investment opportunities, current holdings and available investment capital and help them identify their investment objectives.
• Recommends investment products, solutions, and services that are suitable for prospects and clients based on predetermined client needs, time horizons, risk profile, and preferences.
• Seeks expertise of internal resources to identify investment opportunities and solutions for clients.
• Develops a book of business consistent with AMP program goals for assets under management and required production.
• Completes required program training and assignments, obtaining mandatory industry licenses within prescribed timeframes, mastering assessments and meeting minimum performance and production standards.
• Performs other duties and responsibilities as assigned.

Knowledge of

• Economic and accounting principles and practices, financial markets, banking, and the analysis and reporting of financial data.
• Basic principles and methods for showing, promoting, and selling products or services.

Skill in

• Preparing and delivering clear, effective, and professional presentations.
• Strong communication and interpersonal skills to build relationships with clients.
• Excellent problem solving skills to identify the needs of clients through effective questioning and listening techniques.

Ability to

• Demonstrate persistence in the face of obstacles and maintain optimism in the face of rejection.
• Accept criticism and deal calmly and effectively in high stress situations.
• Effectively communicate portfolio losses while preserving client loyalty.
• Provide a high level of client service with a strong focus remaining on what's best for their personal wealth management.
• Network in the community and effectively market him or herself and Raymond James.

Education/Previous Experience

Bachelor's degree (B.A) from four-year College or university preferred, and a minimum of four (4) years working experience, including sales (preferably intangible) or business experience demonstrating achievement preferred.

OR ~

An equivalent combination of experience, education, and/or training as approved by Human Resources.

Licenses/Certifications

• SIE required provided that an exemption or grandfathering cannot be applied or ability to obtain within 4 months from start of program.
• Series 7 & 66 or ability to obtain within 4 months from start of program.
• Life, Health and Variable Annuity or ability to obtain within 6 months from start of program.

Education

Bachelor's, Bachelor's: Business Administration, Bachelor's: Finance

Work Experience

General Experience - 3 to 6 years

Certifications

s66 - Uniform Combined State Law Examination - Financial Industry Regulatory Authority (FINRA), s7 - General Securities Representative Examination - Financial Industry Regulatory Authority (FINRA), Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Salary Range

$70,304.00-$70,304.00

Travel

Less than 25%

Workstyle

Resident

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our

At Raymond James our