Financial Solutions Advisor - Maine / New Hampshire Markets

Bank of America • South Portland, ME

1d • 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 and requests, making referrals to business partners based on client needs and asset thresholds, meeting with clients to review 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 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 a first shift, 40 hours per week. The requisition lists multiple locations, but there is not an immediate opening for every listed location. The position is eligible for a formulaic incentive plan and benefits. The annualized pay range is $65,000–$80,000, with offers determined by experience, education, and skill set.

Requirements

• Currently hold Series 7 and Series 66 licenses, or Series 7 and Series 63 or 65. If the candidate holds a 63 or 65 but not the 66, an offer may be extended on the condition that they pass the missing series 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 financial services 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 be comfortable engaging 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 into daily activities and long-term client strategies thoughtfully and thoroughly.
• Complete required licenses and training.
• Obtain and maintain SAFE Act registration, including the required background check and registration process.

Nice To Haves

• Strong computer skills and the ability to multitask in a demanding environment.
• At least three years of experience in financial services 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, and annuities, as well as banking and money management 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 potentially suitable product services.

Benefits

• Benefits eligibility
• Access to paid time off
• Formulaic incentive plan with incentive opportunities based on performance against defined metrics

What This Job Offers

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