Advisor Development Program - Financial Solutions Advisor Trainee (Centralized): Columbus, OH

Bank of America • Upper Arlington, OH

1d • Onsite

About The Position

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services. Merrill specializes 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 their financial vision through personal relationships. The company is committed to an in-office culture with specific attendance requirements, allowing for flexibility based on role-specific considerations. Merrill values diversity and empowers employees to bring their whole selves to work, fostering a culture-driven, resilient, results-focused, and effective work community.

As a Financial Solutions Advisor within the centralized segment of the Advisor Development Program, your journey begins by obtaining Securities Industry licenses (SIE, Series 7, and Series 66 Exams) through dedicated and personalized classes. Once licensed, you will learn foundational advisor skills, including acquiring, building, and managing client relationships, understanding complex financial pictures, and guiding clients with advice and solutions to help them achieve their financial goals, all while humanizing financial interactions.

Joining the centralized team as a Financial Solutions Advisor, you will be a phone-based licensed advisor providing holistic financial advice and guidance. This involves identifying product and service solutions for investment, savings, and liability management, demonstrating knowledge of investments and financial markets, and aligning Merrill and Bank of America products and services. You will receive necessary training and guidance to progress into the Merrill Financial Advisor role, working with affluent and high net worth clients to identify needs, develop relationships, review investment goals, and prepare investment recommendations.

Upon demonstrating success as an FSA, you typically progress to a Merrill Financial Solutions Advisor (MFSA). The Academy supports this career path with dedicated programs, tools, and resources. You will build a successful career through world-class training, one-on-one coaching, and a consultative approach to identify client needs. You will earn required licenses, build your network by interacting with banking customers, small business owners, and high net worth clients, and leverage Bank of America's extensive client relationships. The role involves providing end-to-end comprehensive advice, delivering client reviews, recommending strategies, and collaborating with banking and investment partners to meet clients' financial needs.

Requirements

• Display confidence working in a sales role
• Build strong client relationships through effective communication and collaboration
• Display a proactive mindset and effective time management
• Demonstrate a results-driven mindset and prioritize client interests
• Identify appropriate client solutions through application of learnings and new information
• Apply relevant regulatory due diligence in daily activities and creating long-term client strategies
• Obtain your Security Industry Essentials (SIE) within 60 days of being hired
• Obtain your Series 7 & 66 within 120 Days (63 & 65 accepted, in lieu of 66)
• Register with the federal registry system and remain in good standing pursuant to SAFE Act requirements
• Submit to the required SAFE Act background check and registration process

Nice To Haves

• Bachelor’s degree and/or a minimum of one year of financial services industry or sales experience
• Learn and adapt to new technology or applications
• Execute multiple tasks simultaneously

Responsibilities

• Obtain Securities Industry licenses (SIE, Series 7, and Series 66 Exams) through dedicated and personalized classes
• Acquire, build and manage client relationships
• Consider a client’s complex financial picture and guide them with advice and solutions to help them live their best financial lives
• Humanize financial interactions
• Provide clients with holistic financial advice and guidance by identifying broader product and service solutions that meet their investment, savings and liability management solutions
• Demonstrate knowledge of investments and financial markets and apply key principles appropriate to the individual client's investment needs
• Align Merrill and Bank of America products and services where appropriate
• Work with both affluent and high net worth clients
• Identify needs, develop relationships, review investment goals, and prepare investment recommendations that align with the goals of both existing and prospective clients
• Provide end-to-end comprehensive advice
• Deliver client reviews/presentations with confidence
• Recommend strategies to help clients achieve their financial goals and life priorities
• Collaborate with core banking and investment partners
• Connect clients to all of the solutions provided through Bank of America and Merrill to meet virtually all of their financial needs
• Manage a portfolio of clients by providing exceptional client care with industry leading products, services, and education

Benefits

• Unlimited potential for financial growth
• A strong referral base from across the business through our relationship with one in every two households
• Managing a portfolio of clients by providing exceptional client care with industry leading products, services, and education
• Robust marketing support to reach wider audiences with greater appeal
• Ongoing professional development to deepen your skills and optimize your practice as the industry evolves and changes
• Opportunities to connect with experts including small business consultants, mortgage lenders and investment advisors
• Industry-leading benefits
• Access to paid time off
• Resources and support to our employees

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees