Financial Solutions Advisor - Wealth Management Office

Bank of America • Boston, MA

2d • $75,000 - $85,000 • Onsite

About The Position

At Bank of America, the Financial Solutions Advisor helps clients achieve their financial goals by providing advice and customized solutions, including support for self-directed investors’ investment and saving needs. The role applies knowledge of investments, products, financial markets, policies, procedures, and processes to clients’ investment needs. It owns the management, research, and communication process for resolving client issues and works to achieve high client satisfaction and deepen relationships through a disciplined and responsible approach.

The position may involve residential mortgage loan originations and therefore requires SAFE Act registration and a required background check. Employees must remain in good standing in the federal registry; failure to obtain or maintain registration may result in disciplinary action, up to and including termination.

Bank of America describes its culture as focused on Responsible Growth, inclusion, collaboration, career development, and supporting employees’ physical, emotional, and financial wellness. The company is committed to an in-office culture, with role-specific flexibility based on responsibilities and business needs.

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 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.
• Act as a client advocate.
• Be a self-starter who efficiently manages time and capacity.
• Set and accomplish goals.
• Build and nurture strong relationships.
• Collaborate effectively with others.
• Communicate effectively and confidently and be 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.
• Incorporate relevant regulatory due diligence into daily activities and long-term client strategies.
• High school diploma, GED, secondary school, or equivalent.
• Register under the SAFE Act, submit to the required background check, and maintain good standing if engaged in residential mortgage loan origination.

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 deepen client relationships and meet client needs.
• Support Financial Advisors in 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, conduct annual reviews, and deepen relationships through investment and banking solutions and prospect acquisition.
• Manage, research, and communicate the resolution of client issues while working to achieve high client satisfaction.

Benefits

• Benefits eligibility
• Paid time off
• Resources and support for employees’ physical, emotional, and financial wellness
• Formulaic incentive plan eligibility

What This Job Offers

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