Financial Solutions Advisor - Wealth Management Office

Bank of America • Houston, TX

1d • Onsite

About The Position

The Financial Solutions Advisor provides advice and customized solutions to help clients achieve their financial goals, including supporting self-directed investors with investment and saving needs. The role applies knowledge of investments, products, financial markets, policies, procedures, and processes to clients’ investment needs, and manages the research and communication involved in resolving client issues and achieving high client satisfaction and deeper relationships. The position may involve residential mortgage loan origination and requires SAFE Act registration and a required background check; employees must maintain registration in good standing.

The advisor partners with Financial Advisors to identify Consumer Investment opportunities, supports client conversations, educates clients and Financial Advisors about investment and banking products and services, and assists with account opening and fulfillment. The role also provides basic service and support to self-directed clients in Merrill Financial Advisor households and manages a book of business, including annual reviews, relationship deepening, investment and banking activity, and prospect acquisition.

Requirements

• Currently holds Series 7 and Series 66 licenses, or Series 7 and Series 63 and 65 licenses.
• At least one year of experience in the financial services industry and/or a sales environment where goals were met or exceeded.
• Depth and breadth of relationship-management product and solutions knowledge and experience.
• Acts as a client advocate.
• Self-starter who efficiently manages time and capacity.
• Sets and accomplishes goals.
• Builds and nurtures strong relationships.
• Collaborates effectively with others.
• Communicates effectively and confidently and is comfortable engaging all clients.
• Manages goals, navigates complexity, prioritizes tasks, and executes in a fast-paced environment.
• Learns, adapts to new information, and seeks appropriate solutions for clients.
• Incorporates relevant regulatory due diligence into daily activities and long-term client strategies.
• Must obtain and maintain SAFE Act registration and complete the required SAFE Act background check.

Nice To Haves

• Proven ability to partner and promote lead generation.
• Experience balancing investment management, sales activities, and new client development.
• Strong computer skills and ability to multitask in a demanding environment.
• Bachelor’s degree, preferably in a business-related field.
• Additional professional designations such as Certified Financial Planner (CFP) and/or Chartered Retirement Planning Counselor (CRPC).

Responsibilities

• Partner with Financial Advisors to identify Consumer Investment opportunities that meet client needs.
• Support Financial Advisors with client conversations and scenarios involving Consumer Investment products and services.
• Educate prospective and existing clients about the Enterprise’s investment and banking products and services, and assist with account opening and fulfillment.
• Educate Financial Advisors about the Consumer Investments platform, products, and services.
• Provide basic service and support to self-directed clients who are part of a Merrill Financial Advisor household.
• Manage a book of business and conduct annual reviews, deepen relationships through investment and banking, and acquire prospects.
• Manage research and communication to resolve client issues and support client satisfaction and relationship deepening.
• Register for and maintain required SAFE Act registration and complete the required background check.

Benefits

• Paid time off.
• Access to resources and support for employees.
• Eligibility to participate in a formulaic incentive plan, with incentives based on performance against defined metrics.

What This Job Offers

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