Merrill Advisor Development Program - Financial Advisor (Partially Licensed): West LA Market

Bank of America; Los Angeles (CA); On-site; USD 52,000 - 59,000; Full time

Job summary

Bank of America Merrill Wealth Management seeks a strong advisor development candidate to work with high-net-worth clients, developing relationships, assessing financial goals, and delivering comprehensive investment advice aligned with client objectives. The role offers mentoring by experienced teams and opportunities for portfolio growth.

The program emphasizes regulatory diligence, time management, and effective client communication as you progress toward advisor status.

Qualifications

• SIE certified or eligible requires current status.
• 4+ years of progressive professional and/or military experience.
• 2+ years of investments industry experience.
• Ability to obtain Series 7 and 66 licenses within program time.
• Effective time management and goal orientation.
• Strong relationship-building and collaboration skills.
• Clear communicator confident in engaging clients.

Responsibilities

• Provide tailored, personalized advice to clients through reviews and presentations.
• Understand client solutions including core Banking, Investment and Life Priority offerings.
• Shadow advisor teams to expand network and promote portfolio growth.
• Leverage resources and technology to enhance customer experience and accuracy.
• Participate in ongoing training to develop a book of business and meet financial targets.
• Build relationships with internal service providers to meet client needs.

Skills

Account Management

Client Investments Management

Client Management

Client Solutions Advisory

Relationship Building

Advisory

Business Development

Fraud Management

Pipeline Management

Portfolio Management

Client Experience Branding

Issue Management

Prospecting

Referral Identification

Sales Performance Management

Education

Bachelor's Degree (Business-related)

CFP (Certified Financial Planner)

CRPC (Chartered Retirement Planning Counselor)

High School Diploma / GED / Secondary School or equivalent

Tools

Job description

Job Description

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance. Merrill’s 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. We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America. Merrill is committed to an in‑office culture that supports collaboration, engagement, and career development. Our approach includes clear in‑office expectations, while providing an appropriate level of flexibility based on role‑specific responsibilities and business needs. At Merrill, we empower you to bring your whole self to work. We value the unique perspectives in our thoughts, business, and within our employees and clients. Our Wealth Management team represents an array of different skills and experiences that individuals bring from all backgrounds and careers; whether gained through military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

The Advisor Development Program is designed for individuals excited to make a career transition and follow their passion of becoming a Financial Advisor.

Role Specifics

As a Merrill Advisor Development Program – Financial Advisor‑Partially Registered, 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. Additionally, you’ll have the opportunity to collaborate with and be mentored by Merrill Financial Advisor Teams to build upon your experience to promote portfolio growth.

Responsibilities

• Learns how to provide tailored and personalized advice to clients through reviews and presentations, including partnering with management to assess financial goals and recommending investment advisory strategies
• Understands client solutions that are best suited for their financial needs, such as core Banking, and Investment and Life Priority™ solutions
• Shadows Financial Advisor teams to build their network by sharing relevant market developments and discussing new products (as appropriate) in an effort to promote portfolio growth
• Leverages available resources and technologies to optimize the customer experience and serve the bank's customers with operational excellence and accuracy
• Participates in on‑going training focused on how to develop a book of business to meet and exceed pre‑defined financial targets and determine how to progress to the next phase as an advisor
• Builds relationships with internal service providers based on client needs and asset thresholds
• Manages risk proactively in every aspect of business, product, and service transaction leveraging available tools

Required Qualifications

• Currently holds FINRA Securities Industry Essentials (SIE)
• 4+ years of progressive professional and/or military experience
• 2+ years experience in investments industry
• Ability to obtain Series 7 and 66 licenses within allotted program time
• Is a self‑starter who efficiently manages time and capacity
• Sets and accomplishes goals, achieving whatever one sets their mind to
• Builds and nurtures strong relationships
• Collaborates effectively with others to get things done
• Communicates effectively and confidently and is comfortable engaging all clients
• Manages goals, navigates complexity, prioritizes tasks and executes in a fast‑paced environment
• Likes to learn, adapts to new information and seeks the right solutions for clients
• Is thorough and thoughtful in incorporating relevant regulatory due diligence into daily activities and long‑term strategies for clients

Desired Qualifications

• Experience working in the financial service industry and/or a sales environment where goals were met or exceeded
• Strong computer skills and the ability to multitask in a demanding environment
• Bachelor's Degree, preferably in business‑related field
• Proven ability to partner and promote lead generation
• Experience balancing investment management, sales activities and new client development
• Achieved additional professional designations such as Certified Financial Planner (CFP) and/or Chartered Retirement Planning Counselor (CRPC)
• Obtained insurance licenses

Skills

• Account Management
• Client Investments Management
• Client Management
• Client Solutions Advisory
• Relationship Building
• Advisory
• Business Development
• Fraud Management
• Pipeline Management
• Portfolio Management
• Client Experience Branding
• Issue Management
• Prospecting
• Referral Identification
• Sales Performance Management

Minimum Education Requirement

High School Diploma / GED / Secondary School or equivalent

Shift

1st shift (United States of America)

Hours Per Week

40

Pay and benefits information

Pay Transparency details US - CA - Los Angeles - 2049 Century Park E - CENTURY CITY MAIN OFFICE (CA9159)

Pay range $38.46 - $43.27 hourly pay, offers to be determined based on experience, education and skill set.

Predictable pay This role is compensated with a base salary and is not incentive eligible.

Benefits This role is currently benefits eligible. We provide industry‑leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

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At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well‑being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi‑faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

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Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency