Financial Solutions Advisor - Western MA Market

Bank of America • Westborough, MA

1d • $65,000 - $80,000 • 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, making referrals to business partners based on client needs and asset thresholds, reviewing clients’ financial and investment goals, developing financial plans, and recommending brokerage products. The advisor is expected to apply and expand their knowledge by completing required licenses and training.

The position may involve residential mortgage loan origination and therefore requires SAFE Act registration, including a required background check. Employees must obtain and maintain registration in good standing; failure to do so may result in disciplinary action, up to and including termination. The role is in-office, with a first-shift schedule of 40 hours per week, Monday through Friday and rotating Saturdays. Listed locations include Westborough and Worcester, Massachusetts; the posting notes that an immediate opening may not exist at every listed location.

Requirements

• Currently hold Series 7 and Series 66 licenses, or the equivalent Series 63 and Series 65 licenses 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 to get things done.
• 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 the right solutions for clients.
• Efficiently manage time and capacity.
• Incorporate relevant regulatory due diligence thoughtfully and thoroughly into daily activities and long-term client strategies.
• Be able to work Monday through Friday and rotating Saturdays.
• High school diploma, GED, secondary school education, or equivalent.
• Register with the federal registry system and complete the required SAFE Act background check; maintain SAFE Act registration in good standing.

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 solutions, and managed-money 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 recommended product services.

Benefits

• Access to paid time off.
• Benefits eligibility and resources and support for employees.

What This Job Offers

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