Wealth Advisor Development Program

Bank of America Corporation; Town of Riverhead (NY); On-site; USD 60,000 - 90,000; Full time

Job summary

Bank of America Corporation’s Merrill Wealth Management seeks candidates for the Advisor Development Program - Financial Advisor to build relationships with high-net-worth clients. You will identify needs, develop plans, and present comprehensive investment recommendations aligned to client goals.

You will collaborate with Merrill Advisor Teams, gain exposure to portfolio growth, and receive coaching through an in-house Academy to develop advisory skills and compliance discipline.

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 where goals were met or exceeded
• > Minimum of one year experience in the investments industry, including investment training and in-depth knowledge of investment products and services
• > Proven ability to engage with and influence others
• > Exceptional interpersonal and relationship building skills
• > Effective communication skills (written and verbal) - Proven ability to quickly build trust and credibility
• > Proven ability to assess needs and recommend appropriate solutions/interventions
• > Proven ability to work collaboratively on a team and with key partners
• > Proven ability to listen and probe for clarity and understanding
• > Goal and results oriented
• > Entrepreneurial mindset with a proven ability to source clients through extensive prospecting and networking
• > Ability to work in an environment where the majority of your compensation is tied to your performance
• > Strong follow-through skills
• > Computer/technical literacy and proficiency in Microsoft Word, PowerPoint, Excel
• > Bachelor’s degree and/or one year of financial services industry or sales experience
• > Learns and adapts to new technology or applications
• > Executes multiple tasks simultaneously

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 based on their objectives, resources, time horizon, risk profile, and preferences as well as servicing client accounts
• Documents all client interactions and opportunities within Salesforce accurately

Skills

Business Acumen

Business Development

Oral Communications

Prospecting

Wealth Planning

Analytical Thinking

Client Experience Branding

Client Investments Management

Portfolio Analysis

Risk Management

Active Listening

Client Solutions Advisory

Emotional Intelligence

Referral Management

Trading

Education

Bachelor’s degree

High School Diploma / GED / Secondary School or equivalent

Job description

Bank of America Corporation’s Merrill Wealth Management seeks candidates for the Advisor Development Program - Financial Advisor to build relationships with high-net-worth clients. You will identify needs, develop plans, and present comprehensive investment recommendations aligned to client goals.

You will collaborate with Merrill Advisor Teams, gain exposure to portfolio growth, and receive coaching through an in-house Academy to develop advisory skills and compliance discipline.