Wealth Management Advisor Trainee: Grow Your Book

Bank of America; Knoxville (TN); On-site; USD 70,000 - 100,000; Full time

Job summary

Bank of America is seeking candidates for the Merrill Wealth Management Advisor Development Program. This role works in a branch with high-net-worth clients, identifying needs, building relationships, reviewing goals, and recommending investment strategies aligned to client objectives.

It involves leveraging technology, pursuing regulatory registrations, and potential mortgage loan work. Successful candidates will come from a finance-focused background, meet licensing requirements, and be

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

Responsibilities

• Learns how to provide tailored and personalized advice to clients through reviews and presentations
• Understands client solutions that are best suited for their financial needs
• Shadows Financial Advisor teams to build their network by sharing market developments and discussing new products
• Leverages resources and technologies to optimize the customer experience and serve the bank's customers
• Participates in on-going training focused on developing a book of business to meet financial targets
• Builds relationships with internal service providers based on client needs and asset thresholds
• Manages risk proactively in every aspect of business and service transactions

Skills

Client relationship building

Communication

Time management

Goal setting

Regulatory due diligence

Self-starting

Team collaboration

Education

Bachelor's Degree, preferably in business-related field

Tools

FINRA SIE license

Series 7 license

Series 66 license

Job description

Bank of America is seeking candidates for the Merrill Wealth Management Advisor Development Program. This role works in a branch with high-net-worth clients, identifying needs, building relationships, reviewing goals, and recommending investment strategies aligned to client objectives.

It involves leveraging technology, pursuing regulatory registrations, and potential mortgage loan work. Successful candidates will come from a finance-focused background, meet licensing requirements, and be