AMP Financial Advisor Trainee (Boca Raton, FL)

Raymond James • Boca Raton, FL

3d

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 trainees build the skills needed for success as Advisors. Working with a Mentor, Branch Manager, and/or a team of Financial Advisors, the trainee learns to build an individual practice and may pursue a stand-alone Advisor role or join an existing team.

The Financial Advisor Trainee balances client development and sales activities with investment management, customer service, compliance, and personal and professional development. The trainee provides financial advice consistent with clients’ objectives, time horizons, and risk tolerances, while completing program assignments, obtaining required industry licenses, and meeting minimum performance and production standards. The position is resident, with travel of less than 25%.

Requirements

• Bachelor’s degree preferred, with at least three years of relevant work experience demonstrating achievement in sales, preferably intangible sales, or a business environment; an equivalent combination of experience, education, and/or training approved by Human Resources may qualify.
• SIE required unless an exemption or grandfathering applies, or the ability to obtain it within four months from the start of the program.
• Series 7 and Series 66, or the ability to obtain them within four months from the start of the program.
• Life, Health, and Variable Annuity licenses, or the ability to obtain them within six months from the start of the program.
• Knowledge of economic and accounting principles and practices; financial markets, banking, and financial data analysis and reporting; basic sales and promotion methods; and the firm’s structure, policies, mission, strategies, and compliance guidelines.
• Skill in using 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 using effective questioning and listening.
• Ability to organize, manage, and track multiple detailed tasks amid changing priorities and deadlines in a fast-paced environment.
• Ability to continuously learn about investment products, industry regulations, and financial planning.
• Effective oral and written communication and interpersonal skills across organizational levels; ability to keep relevant parties informed and explain decisions.
• Ability to establish and maintain effective working relationships with clients and colleagues.
• Persistence, resilience, and ability to handle rejection during prospecting and networking, market oneself and Raymond James in the community, and persevere through obstacles.
• Ability to accept criticism and remain calm and effective in high-stress situations.

Nice To Haves

• Bachelor’s degree in Accounting, Business Administration, or Finance.
• Sales achievement, preferably in intangible sales.
• The SIE, Series 7, and Series 66 certifications.

Responsibilities

• Complete rotations, program training, and assignments to develop the skills required for the Financial Advisor role.
• Meet production targets and develop a book of business consistent with AMP goals for assets under management and production.
• Provide a high level of client service and manage the full scope of 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 client portfolios.
• Make recommendations in response to economic and financial changes and client needs and objectives, considering newly offered investments.
• Obtain and verify purchase and sale instructions, enter orders, and follow up on transaction completion.
• Obtain mandatory industry licenses within prescribed timeframes, master assessments, and meet minimum performance and production standards.
• Stay current on investment products, industry rules and regulations, and financial planning.
• Perform other duties and responsibilities as assigned.

Benefits

• Medical, dental, and vision coverage 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.
• Benefits eligibility and specific offerings may vary based on position and employment status.

What This Job Offers

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