Financial Solutions Advisor - Boston Market

Bank of America • Boston, MA

1d • $65,000 - $80,000 • Onsite

About The Position

At Bank of America, the Financial Solutions Advisor provides comprehensive advice and customized financial solutions to help clients achieve their financial goals. The role involves reviewing clients’ financial and investment goals, developing financial plans, recommending brokerage products, and referring clients to appropriate business partners based on their needs and asset thresholds. Advisors apply and expand their knowledge through required licenses and training. The position is subject to SAFE Act registration requirements, including registration with the federal registry system and completion of the required background check and registration process; 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 the first shift, for 40 hours per week. Bank of America describes its culture as committed to in-office attendance with role-specific flexibility. The position is listed across multiple locations in the Boston area, though an immediate opening may not exist at every location. The annualized salary range is $65,000–$80,000, determined based on experience, education, and skill set. The role is eligible for a formulaic incentive plan, with incentives based on performance against defined metrics. It is benefits eligible and includes access to paid time off and other employee resources and support.

Requirements

• Currently hold Series 7 and Series 66 licenses, or Series 63 and Series 65 in lieu of Series 66. Candidates who hold either Series 63 or 65 but not Series 66 may receive an offer contingent on passing the missing series 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.
• 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.
• Thoroughly and thoughtfully incorporate relevant regulatory due diligence into daily activities and long-term client strategies.
• Meet SAFE Act registration requirements, including required registration and background-check processes.

Nice To Haves

• Strong computer skills and the 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.
• 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 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

• Benefits eligibility.
• Access to paid time off.
• Access to employee resources and support.
• Eligibility to participate in a formulaic incentive plan based on performance against defined metrics.

What This Job Offers

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