AMP Financial Advisor Trainee - Newtown, PA

Raymond James • Newtown, PA

4d • Onsite

About The Position

The Advisor Mastery Program (AMP) prepares the next generation of Raymond James Financial Advisors through distance learning, apprenticeship, and training at the firm’s international headquarters. It combines technical and sales training to help new Advisors develop the capabilities needed for success.

Working with a Mentor, Branch Manager, and/or Financial Advisor team, the Financial Advisor Trainee learns to build an individual practice. The role balances client development, sales, investment management, customer service, compliance, and ongoing professional growth. Trainees provide financial advice consistent with clients’ objectives, time horizons, and risk tolerances. The program supports long-term development for candidates intending either to operate as stand-alone Advisors or join an existing team.

The Trainee completes program training and assignments, obtains required industry licenses within prescribed timeframes, and meets assessment, performance, and production standards. The position is resident, with travel of less than 25%.

Requirements

• Bachelor’s degree from a four-year college or university preferred, with at least three years of relevant work experience demonstrating achievement in sales (preferably intangible) or business environments; alternatively, an equivalent combination of experience, education, and/or training approved by Human Resources.
• SIE required unless an exemption or grandfathering provision applies.
• Series 7 and Series 66, or ability to obtain them within four months from the start of the program.
• Life, Health, and Variable Annuity licenses, or ability to obtain them within six months from the start of the program.
• Knowledge of economic and accounting principles and practices.
• Knowledge of financial markets, banking, and financial data analysis and reporting.
• Knowledge of basic principles and methods for presenting, promoting, and selling products or services.
• Ability to learn the firm’s structure, policies, mission, strategies, and compliance guidelines.
• Ability to use a client relationship manager system and other required software to produce financial plans, correspondence, reports, electronic communications, spreadsheets, and databases.
• Ability to identify customer needs through effective questioning and listening.
• Ability to organize, manage, and track multiple detailed tasks and assignments amid changing priorities and deadlines in a fast-paced environment.
• Ability to communicate effectively, orally and in writing, with people at all organizational levels.
• Ability to keep relevant parties informed about decisions, changes, and other information, and to explain the reasons behind decisions.
• Ability to establish and maintain effective working relationships with clients and colleagues.
• Resilience, persistence, and ability to handle rejection during prospecting and networking.
• Ability to network in the community and market oneself and Raymond James effectively.
• Ability to accept criticism and handle high-stress situations calmly and effectively.

Nice To Haves

• Bachelor’s degree in Accounting, Business Administration, or Finance.
• Relevant sales experience, preferably in intangible products or services.

Responsibilities

• Become trained and skilled to perform the Financial Advisor role effectively and efficiently.
• Follow the specific goals and expectations provided by the team if hired as a team candidate.
• Meet production targets that contribute to company revenue goals.
• Develop a book of business consistent with AMP goals for assets under management and required production.
• Provide a high level of client service.
• Manage client relationships by evaluating financial needs, investment opportunities, current holdings, and available investment capital.
• Help clients identify investment objectives and communicate portfolio losses when necessary while preserving client loyalty.
• Develop a client pipeline through prospecting, networking, community initiatives, centers of influence, and niche development.
• Recommend suitable investment products, solutions, and services based on client needs, time horizons, risk profiles, and preferences.
• Consult internal resources to identify investment opportunities and solutions for clients.
• Open, transfer, and close customer accounts.
• Maintain account records and monitor customer portfolios.
• Make recommendations in response to changes in economic and financial conditions and clients’ needs and objectives, considering newly offered investments.
• Obtain and verify customer purchase and sale instructions, enter orders, and follow up on transaction completion.
• Complete required program training and assignments, obtain mandatory industry licenses within prescribed timeframes, pass assessments, and meet minimum performance and production standards.
• Stay current on investment products, industry rules and regulations, and financial planning.
• Perform other assigned duties and responsibilities.

Benefits

• Medical, dental, and vision benefits may be included.
• Life insurance may be included.
• Critical illness and accident insurance may be included.
• Disability benefits may be included.
• Retirement savings benefits may be included.
• Paid time off, including vacation, holidays, and sick leave, may be included.
• Parental leave may be included.
• Additional compensation may include cash or equity, discretionary bonuses, or commissions.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level