Financial Advisor Trainee (Fort Worth, TX)

100 Raymond James & Associates, Inc.; Fort Worth (TX); On-site; USD 42,000 - 66,000; Full time

Benefits offered by this job

Travel Less than 25%

Benefits package

Job summary

Raymond James is seeking a Financial Advisor Trainee through the Advisor Mastery Program (AMP). The role blends distance learning, apprenticeship, and hands-on client work to develop a scalable practice.

Under mentors, you will balance new client development, investment management, service, and compliance while pursuing required licenses and building a personal book of business aligned with AMP program goals.

Qualifications

• Bachelor's degree preferred with 3+ years of relevant sales or business experience.
• Education in Business Administration or Finance.
• Minimum 7–12 months of general work experience.

Responsibilities

• Develops a book of business aligned with AMP program goals.
• Meets production targets contributing to revenue goals.
• Provides high level client service and financial advice.
• Opens, transfers, and closes client accounts.
• Maintains accurate account records.
• Learns investment products and regulatory guidelines.

Skills

Client service

Prospecting

Communication

Relationship management

Finance knowledge

Education

Bachelor's degree

Business Administration

Finance

Job description

Job Description Summary Fulfills varying tasks and assignments and completes rotations in a range of areas related to financial services, under varying levels of supervision. Develops skills and capabilities that equips the incumbent to move into a specific role in the organization.

Job Summary

Through distance learning, apprenticeship and training at the firm's international headquarters, the Advisor Mastery Program (AMP) offers a comprehensive education for the next generation of Raymond James Financial Advisors. The program takes a holistic approach by incorporating training for technical and sales skills to fully position new Advisors for success. In conjunction with a Mentor, Branch Manager, and/or a team of Financial Advisors, the Financial Advisor Trainee will learn to build an individual practice. The Trainee will balance new client development, sales activities, investment management, customer service and compliance with personal and professional growth and development. The Trainee will also provide clients with sound financial advice and counsel consistent with the client's objectives, time horizon, and risk tolerance. In addition, the requirements of the AMP Program are designed to support long-term development, whether a candidate plans to be a stand-alone Advisor or join an existing team.

Essential Duties and Responsibilities

• Become trained and skilled to effectively and efficiently perform the Financial Advisor role:
• If hired as a team candidate, the team will provide the specific goals and expectations
• Meets production targets that impact overall company revenue goals
• Develops a book of business consistent with AMP program goals for assets under management and required production
• Provides a high level of client service
• Manages the full scope of a client relationship by evaluating the client's financial needs, investment opportunities, current holdings and available investment capital
• Helps clients identify their investment objectives by effectively communicating portfolio losses when necessary, while preserving client loyalty
• Develops client pipeline by prospecting, networking, engaging in community initiatives, centers of influence and developing niches
• 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
• Opens, transfers, and closes customer accounts
• Maintains appropriate account records while monitoring the customer's portfolio
• Makes recommendations consistent with changes in economic and financial conditions as well as the client's needs and objectives, considering newly offered investments
• Obtains and verifies the customer's purchase and sale instructions, enters orders, and follows up on completion of transactions
• Completes required program training and assignments, obtains mandatory industry licenses within prescribed timeframes, masters assessments and meets minimum performance and production standards
• Stays abreast of investment products, industry rules and regulations, and financial planning
• Performs other duties and responsibilities as assigned
• Knowledge of Economic and accounting principles and practices
• Financial markets, banking, and financial data analysis and reporting
• Basic principles and methods for showing, promoting, and selling products or services
• Firm's working structure, policies, mission, strategies, and compliance guidelines
• Skill in Operating client relationship manager system and other required software applications to produce financial plans, correspondence, reports, electronic communication, spreadsheets, and databases
• Identifying the needs of customers through effective questioning and listening techniques
• Ability to Organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment to run an optimal practice
• Continuously learn investment products, industry rules and regulations, and financial planning
• Use appropriate interpersonal styles and communicate effectively, both orally and in writing, with all organizational levels
• Keep all appropriate parties up-to-date on decisions, changes, and other relevant information, and articulate reasons behind decisions
• Establish and maintain effective working relationships with clients and colleagues
• Persevere, handle rejection and show resilience during the prospecting and networking process
• Network in the community and effectively market him or herself and Raymond James
• Demonstrate persistence in the face of obstacles
• Accept criticism and deal calmly and effectively in high stress situations

Education/Previous Experience

• Bachelor's Degree (B.A.) from four-year college or university preferred with a minimum of three (3) years of relevant working experience, demonstrating achievement in sales (preferably intangible) or business environment, or an equivalent combination of experience, education, and/or training as approved by Human Resources.
• Education Bachelor’s, Bachelor’s: Business Administration, Bachelor’s: Finance
• Work Experience General Experience - 7 to 12 months

Licenses/Certifications

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

Certifications

• Travel Less than 25%

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.

• 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)
• parental leave

Company Culture

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect our associates at all levels to:

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive.

The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Founded in 1962 in St. Petersburg, Florida, rather than on Wall Street, we have always embraced being a different kind of financial services firm. Today, Raymond James has locations and subsidiaries across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF.

Our business is deeply focused on people and their financial well-being. We're committed to helping individuals, corporations and institutions achieve their goals, while also supporting successful professionals and helping our communities prosper. We believe doing well and doing good aren't mutually exclusive. As an established but ever-evolving company, you can start - or continue - growing your career here. We invest in you with wide-ranging benefits and the support of leaders and colleagues who care. From development opportunities and enriching networking groups to prioritizing diversity, inclusion and the power of different perspectives, Raymond James is where good people grow. Our people-first culture is outlined in our Culture Blueprint. Check it out to see why many choose to work at Raymond James - and why they stay.