Financial Solutions Advisor - Lake Forest, IL

Bank of America • Lake Forest, CA

20h • 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 includes reviewing clients’ financial and investment goals, building financial plans, recommending brokerage products, and aligning banking and investment strategies with client needs. Advisors triage client requests and leads, refer clients to appropriate internal partners based on needs and asset thresholds, and identify potential new clients through referrals and financial center clientele. They also manage risk and provide coaching and feedback to referral partners.

The position requires completing required licenses and training. It may involve residential mortgage loan origination and therefore requires SAFE Act registration and a background check; employees must maintain good standing in the federal registry. The role is based at the Lake Forest, Illinois financial center, follows a first-shift schedule of 40 hours per week, and requires availability Monday through Friday and rotating Saturdays.

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 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 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.
• Manage time and capacity efficiently.
• Incorporate relevant regulatory due diligence into daily activities and long-term client strategies thoughtfully and thoroughly.
• Be able to work Monday through Friday and rotating Saturdays.
• High school diploma, GED, secondary school, or equivalent.

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, and banking and money-managed 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.
• Coach and provide feedback to referral partners based on knowledge of client needs and potentially recommended product services.
• Complete required licenses and training.
• Register for and maintain good standing under SAFE Act requirements, including submitting to the required background check if engaged in residential mortgage loan origination.

Benefits

• Industry-leading benefits.
• Access to paid time off.
• Resources and support for employees.
• Affordable, competitive, and flexible benefits supporting physical, emotional, and financial wellness.
• Formulaic incentive plan eligibility, with opportunities that may be monthly, quarterly, and/or annual and earned based on performance against defined metrics.

What This Job Offers

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