Financial Solutions Advisor - Boston West Market

Bank of America • Waltham, MA

5d • $70,000 - $80,000 • Onsite

About The Position

At Bank of America, the Financial Solutions Advisor provides comprehensive advice and customized solutions to help clients achieve their financial goals. The role involves triaging client leads, referring clients to business partners according to their needs and asset thresholds, reviewing financial and investment goals, building financial plans, and recommending brokerage products. Advisors apply and expand their knowledge by completing required licenses and training.

The position may involve residential mortgage loan origination and therefore requires SAFE Act registration, including a federal registry registration and background check. Employees must maintain good standing; failure to obtain or maintain registration may result in disciplinary action, up to and including termination. The role requires working Monday through Friday and rotating Saturdays. It is a first-shift position scheduled for 40 hours per week. Listed locations are in Newton and Waltham, Massachusetts; the posting notes that an immediate opening may not be available at every listed location.

The role is eligible for a formulaic incentive plan, with incentives based on defined performance metrics. The advertised annualized salary range is $70,000–$80,000, with offers determined by experience, education, and skill set. The position 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 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.
• Set and accomplish goals.
• Build and nurture strong relationships.
• Collaborate effectively with others.
• Communicate effectively and confidently and feel comfortable engaging with all clients.
• Manage goals, navigate complexity, prioritize tasks, and execute in a fast-paced environment.
• Be willing to learn, adapt to new information, and seek appropriate solutions for clients.
• Manage time and capacity efficiently.
• Incorporate relevant regulatory due diligence thoughtfully into daily activities and long-term client strategies.
• Be able to work Monday through Friday and rotating Saturdays.
• High school diploma, GED, secondary school qualification, or equivalent.
• Complete required licenses and training and obtain and maintain SAFE Act registration, including the required background check, if engaged in residential mortgage loan origination.

Nice To Haves

• Strong computer skills and ability to multitask in a demanding environment.
• Three or more years of experience in the financial services industry and/or a sales environment where goals were met or exceeded.
• Additional 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, including stocks, bonds, mutual funds, annuities, and banking and money-managed solutions.
• Recommend banking and investment strategies that align with clients’ financial goals and needs.
• Triage client requests and refer clients to appropriate internal service providers based on client 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 potential product services recommended.

Benefits

• Benefits eligibility.
• Paid time off.
• Access to resources and support for employees.
• Formulaic incentive plan participation based on defined performance metrics.

What This Job Offers

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