Financial Solutions Advisor - Boston Market

Bank of America • Boston, MA

22h • $65,000 - $80,000 • Onsite

About The Position

At Bank of America, the Financial Solutions Advisor provides comprehensive advice and customized solutions to help clients achieve financial goals. The role involves triaging client leads, referring clients to appropriate business partners based on needs and asset thresholds, meeting with clients to review financial and investment goals, building financial plans, and recommending brokerage products. The advisor is expected to apply and expand their knowledge through required licenses and training.

The position is subject to SAFE Act registration requirements. Employees engaged in residential mortgage loan originations must register with the federal registry system, complete the required background check and registration process, and remain in good standing. Failure to obtain or maintain registration may result in disciplinary action, up to and including termination.

The schedule is Monday through Friday with rotating Saturdays, on first shift, for 40 hours per week. Bank of America describes an in-office culture with role-specific attendance requirements. The listed Boston-area locations include Boston, Cambridge, and Somerville. The position offers an annual salary range of $65,000 to $80,000, with offers based on experience, education, and skill set. It is eligible for a formulaic incentive plan and benefits, including paid time off.

Requirements

• Currently hold Series 7 and Series 66 licenses, or Series 63 and Series 65 in lieu of Series 66. Candidates with Series 63 or 65 but not the other required series may receive an offer conditional on passing the missing exam within 60 days.
• At least one year of experience in the investments industry, including investment training and in-depth knowledge of investment products and services.
• At least one year of experience in the financial services industry and/or a sales environment where goals were met or exceeded.
• Demonstrated ability to set and accomplish goals.
• Ability to build and nurture strong relationships.
• Ability to collaborate effectively with others.
• Effective, confident communication and comfort engaging with all clients.
• Ability to manage goals, navigate complexity, prioritize tasks, and execute in a fast-paced environment.
• Willingness to learn, adapt to new information, and seek appropriate solutions for clients.
• Ability to efficiently manage time and capacity.
• Thorough and thoughtful incorporation of relevant regulatory due diligence into daily activities and long-term client strategies.
• Meet SAFE Act registration, background check, and ongoing good-standing requirements.

Nice To Haves

• Strong computer skills and ability to multitask in a demanding environment.
• At least three years of experience in the financial services industry and/or a sales environment where goals were met or exceeded.
• Professional designations such as Certified Financial Planner (CFP) and/or Chartered Retirement Planning Counselor (CRPC).
• Insurance licenses.

Responsibilities

• Work with clients to plan short- and long-term financial goals by building financial plans using brokerage products such as stocks, bonds, mutual funds, and annuities, as well as banking and money management solutions.
• Recommend banking and investment strategies aligned with clients’ financial goals and needs.
• Triage client requests and refer clients to appropriate internal service providers based on their needs and asset thresholds.
• Mitigate and control risk as part of daily activities.
• Identify and engage potential new clients through referrals or financial center clientele.
• Provide coaching and feedback to referral partners based on knowledge of client needs and potentially appropriate product services.

Benefits

• Paid time off
• Benefits eligibility
• Formulaic incentive plan with performance-based incentive opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed