Advisor Development Program - Financial Solutions Advisor Trainee (Centralized) - Carmel, IN
About The Position
Merrill Wealth Management is seeking motivated 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 licenses (SIE, Series 7, Series 66) and developing the foundational skills required to become a successful financial advisor. You will learn to acquire, build, and manage client relationships, understand complex financial situations, and provide tailored advice and solutions. The role involves phone-based client interaction, identifying investment, savings, and liability management needs, and aligning Merrill and Bank of America products and services. The program offers a defined path for development, with opportunities to work with affluent and high-net-worth clients, prepare investment recommendations, and collaborate with banking and investment partners. Upon successful completion of the trainee phase, you will typically progress to a Merrill Financial Solutions Advisor (MFSA) role. The Academy provides dedicated support, training, and resources throughout your career journey.
Requirements
- Must obtain SIE within 60 days of hire.
- Must obtain Series 7 and Series 66 within 120 days of hire.
- 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.
- Subject to SAFE Act registration requirements, including 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.
- 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.
- Understand a client's complex financial picture and guide them with advice and solutions.
- Provide phone-based holistic financial advice and guidance.
- Identify broader product and service solutions that meet clients' investment, savings, and liability management needs.
- Demonstrate knowledge of investments and financial markets and apply key principles.
- Align Merrill and Bank of America products and services where appropriate.
- Work with affluent and high net worth clients, identifying needs, developing relationships, and reviewing investment goals.
- Prepare investment recommendations that align with client goals.
- Provide end-to-end comprehensive advice and deliver client reviews/presentations.
- Recommend strategies to help clients achieve their financial goals and life priorities.
- Connect clients to all solutions provided through Bank of America and Merrill.
- Manage a portfolio of clients by providing exceptional client care.
- Leverage relationships with Bank of America customers to grow business.
Benefits
- Unlimited potential for financial growth.
- Strong referral base from across the business.
- Robust marketing support.
- Ongoing professional development.
- Opportunities to connect with experts including small business consultants, mortgage lenders and investment advisors.
- Continuous training and developmental opportunities.
- World-class training and on-boarding programs.
- Training and one-on-one coaching from Academy managers.
- Dedicated study time for licenses.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
