Merrill Advisor Development Program - Financial Advisor: Greater Denver Market

Bank of America • Greenwood Village, CO

1d • $80,000 - $90,000 • Onsite

About The Position

The Advisor Development Program is designed for individuals seeking to transition their careers and become Financial Advisors. In this role, you will work with high-net-worth individuals to identify needs, develop relationships, review financial goals, and deliver comprehensive recommendations for existing and prospective clients. You will collaborate with and receive mentorship from Merrill Financial Advisor Teams to build your experience and promote portfolio growth.

The role involves developing a book of business, sourcing and engaging prospective clients, assessing needs, recommending suitable investment products and services, and coordinating with internal specialists. You will balance investment growth, referrals, follow-up, prospecting, compliance, and professional development while organizing the resources needed to run a productive practice. The position also includes completing required training, assessments, performance goals, and continuing education.

The program provides training and onboarding, one-on-one coaching from the Bank of America Academy and local leadership, and a consultative approach to identifying client needs and suitable solutions. You will provide comprehensive advice, conduct client reviews and presentations, recommend strategies aligned with clients’ financial goals, and collaborate with banking and investment partners.

The role is based at the Greenwood Village, Colorado office and is subject to Merrill’s in-office attendance requirements, with flexibility based on role-specific considerations. It is a first-shift position with 40 hours per week. The position requires SAFE Act registration and a background check. Compensation is an annualized salary of $80,000–$90,000, with eligibility for a formulaic incentive plan. The role is benefits eligible.

Requirements

• Currently hold Series 7 and Series 66 licenses, or Series 63 and Series 65 in lieu of Series 66.
• At least one year of experience in the financial services industry and/or a sales environment where goals were met or exceeded.
• At least one year of investment industry experience, including investment training and in-depth knowledge of investment products and services.
• Ability to engage with and influence others.
• Exceptional interpersonal and relationship-building skills.
• Effective written and verbal communication skills, with the ability to quickly build trust and credibility.
• Ability to assess needs and recommend appropriate solutions or interventions.
• Ability to work collaboratively on a team and with key partners.
• Ability to listen and probe for clarity and understanding.
• Goal- and results-oriented approach.
• Entrepreneurial mindset and ability to source clients through prospecting and networking.
• Ability to work in an environment where most compensation is tied to performance.
• Strong follow-through skills.
• Computer and technical literacy, including proficiency in Microsoft Word, PowerPoint, and Excel.
• High school diploma, GED, secondary school education, or equivalent.
• Ability to obtain and maintain required SAFE Act registration and complete the associated background check and registration process.

Nice To Haves

• Bachelor’s degree and/or at least one year of financial services industry or sales experience.
• Ability to learn and adapt to new technology or applications.
• Ability to execute multiple tasks simultaneously.

Responsibilities

• Develop a book of business to meet and exceed established performance hurdles.
• Prioritize sourcing prospective clients, capitalize on referrals, assess customer needs, refer customers to appropriate internal specialists, and execute customized solutions.
• Recommend investment products and services suitable to prospects’ objectives, resources, time horizons, risk profiles, and preferences.
• Balance investment growth, referral activities, customer follow-up, prospect building, administrative compliance, and personal development.
• Organize and manage time, people, and budget to run a productive practice.
• Seek specialist expertise, as appropriate, to identify planning and investment strategies for clients.
• Complete mandated training, assessments, performance goals, and continuing education requirements.
• Handle inbound inquiries from leads regarding Merrill offerings.
• Position the capabilities of Merrill and Bank of America.
• Collect client profile information and follow standard KYC procedures to open accounts as appropriate.
• Serve as an interim Financial Advisor, recommending suitable investment products and services and servicing client accounts.
• Accurately document client interactions and opportunities in Salesforce.
• Provide comprehensive advice and deliver client reviews and presentations.
• Collaborate with core banking and investment partners to connect clients with relevant Bank of America and Merrill solutions.

Benefits

• Benefits eligibility.
• Access to paid time off.
• Training and onboarding programs.
• One-on-one coaching from the Bank of America Academy and local leadership.
• Formulaic incentive plan eligibility, with opportunities that may be monthly, quarterly, and/or annual and are earned based on performance against defined metrics.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED