Financial Solutions Advisor - Boston West Market

Bank of America • Newton, MA

3d • 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, referring clients to business partners based on their needs and asset thresholds, meeting with clients to review financial and investment goals, building financial plans, and recommending brokerage products. Advisors also recommend banking and investment strategies, manage risk in daily activities, identify potential new clients, and coach referral partners. The position requires completing required licenses and training and may involve residential mortgage loan origination, which requires SAFE Act registration and a background check. The role is based in the Boston West Market, with listed locations in Newton and Waltham, Massachusetts. Bank of America describes an in-office culture with flexibility determined by role responsibilities and business needs.

Requirements

• Currently holds 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.
• 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.
• Enjoys learning, adapts to new information, and seeks appropriate solutions for clients.
• Efficiently manages time and capacity.
• Incorporates relevant regulatory due diligence into daily activities and long-term client strategies.
• Must be able to work Monday through Friday and rotating Saturdays.
• High school diploma, GED, secondary school, or equivalent.
• Must register under the SAFE Act and complete the required background check; failure to obtain or maintain registration may result in disciplinary action, up to and including termination.

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, banking, and money-managed solutions.
• Recommend banking and investment strategies aligned with clients’ financial goals and needs.
• Triage client requests and refer them 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.
• Coach and provide feedback to referral partners based on client needs and potentially appropriate product services.
• Meet with clients to review financial and investment goals and recommend customized solutions.
• Complete required licenses and training.
• Register under the SAFE Act and maintain good standing, including completing the required background check.

Benefits

• Benefits eligibility
• Paid time off
• Resources and support for employees
• Formulaic incentive plan with potential monthly, quarterly, and/or annual incentives based on performance

What This Job Offers

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