Advisor Development Program - Financial Solutions Advisor Trainee (Centralized) - Bloomfield Hills, MI

Bank of America • Bloomfield Hills, MI

9d • Onsite

About The Position

Merrill Wealth Management is seeking individuals for its Advisor Development Program, specifically for the Financial Solutions Advisor Trainee role within the centralized segment. This program is designed to guide you through obtaining necessary Securities Industry licenses (SIE, Series 7, and Series 66) and developing foundational skills to become a successful financial advisor. The role involves phone-based client interaction, providing holistic financial advice, identifying client needs, and recommending appropriate Merrill and Bank of America products and services. The program offers a defined path for career growth within Merrill Wealth Management, supported by dedicated training, coaching, and resources. You will work with affluent and high net worth clients, build relationships, and help them achieve their financial goals. Upon successful completion of the trainee stage, you will typically progress to a Merrill Financial Solutions Advisor (MFSA) role.

Requirements

• Displays confidence working in a sales role
• Builds strong client relationships through effective communication and collaboration
• Displays a proactive mindset and effective time management
• Demonstrates a results-driven mindset and prioritizes client interests
• Identifies appropriate client solutions through application of learnings and new information
• Applies relevant regulatory due diligence in daily activities and creating long-term client strategies
• Must obtain SIE within 60 days of hire.
• Must obtain Series 7 & 66 within 120 days of hire.
• Subject to SAFE Act registration requirements and background check.

Nice To Haves

• Bachelor’s degree
• Minimum of one year of financial services industry or sales experience
• Learns and adapts to new technology or applications
• Executes multiple tasks simultaneously

Responsibilities

• Obtain Securities Industry Essentials (SIE), Series 7, and Series 66 licenses.
• Develop foundational skills in acquiring, building, and managing client relationships.
• Assess clients' complex financial pictures and provide advice and solutions.
• Provide phone-based holistic financial advice and guidance.
• Identify broader product and service solutions to meet client investment, savings, and liability management needs.
• Demonstrate knowledge of investments and financial markets.
• Align Merrill and Bank of America products and services with client needs.
• Work with affluent and high net worth clients.
• Identify client needs, develop relationships, review investment goals, and prepare investment recommendations.
• Provide end-to-end comprehensive advice and deliver client reviews/presentations.
• Recommend strategies to help clients achieve their financial goals and life priorities.
• Collaborate with core banking and investment partners.
• Connect clients to Bank of America and Merrill solutions.
• Manage a portfolio of clients by providing exceptional client care.
• Engage in continuous training and developmental opportunities.

Benefits

• Unlimited potential for financial growth
• Strong referral base
• Robust marketing support
• Ongoing professional development
• Opportunities to connect with experts
• Competitive benefits to support physical, emotional, and financial well-being

What This Job Offers

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