Wealth Planner

Bank of America•Oklahoma City, OK

21h•Onsite

About The Position

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. It is one of the largest businesses of its kind in the world, specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance. Merrill's Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. The company believes trust comes from transparency and equips its advisory teams with access to Merrill's investment insights coupled with Bank of America's banking convenience. Merrill is committed to an in-office culture with specific requirements for office-based attendance, allowing for an appropriate level of flexibility for teammates and businesses based on role-specific considerations. Merrill empowers employees to bring their whole self to work, valuing diversity in thoughts, business, employees, and clients, which helps create a culture-driven, resilient, results-focused, and effective work community. Internal employees currently working from home are eligible to apply, but if selected, may be required to work onsite in accordance with the workplace excellence policy. This job is responsible for working with Financial Advisor (FA) teams to provide comprehensive financial planning solutions. Key responsibilities include identifying strategic investment opportunities, driving financial planning by gathering and analyzing data to create robust financial plans, and fostering internal relationships. Job expectations include having knowledge of Estate and Gift Taxes, Philanthropy, Trust Structures, Insurance, Income Tax Planning, and Investment Management, along with a comprehensive understanding of the suite of solutions, platforms, and initiatives across the bank. This position may be responsible for the provision of residential mortgage loans and is subject to SAFE Act registration requirements. Employees engaged in residential mortgage loan originations must register with the federal registry system and remain in good standing. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination. Wealth Planners work closely with Financial Advisor(s) and/or Advisor Team(s) to provide comprehensive financial planning through strategic planning advice. They focus on understanding clients’ needs and goals, proactively identifying strategic planning and investment opportunities to better meet client’s financial objectives. They drive the planning process through extensive data gathering, analyzing, and data input to create robust financial plans for Financial Advisor(s) and Advisor Team(s) to share with clients. They foster relationships with internal specialists to ensure alignment of client goals to plan and explore opportunities to further enhance client relationships. They possess knowledge of estate and gift taxes, philanthropy, trust structures, insurance, income tax planning, and investment Management, and have a comprehensive understanding of the suite of solutions, platforms, and initiatives across the enterprise.

Requirements

Series 7, 63/65 or 66 or equivalent
Must obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support
SAFE ACT Registration
ADV-2B Required
CFP® or CPWA® designation and/or obtain/maintain at least one firm approved designation
Understanding of how to deliver a strong overall client experience
Thorough knowledge and understanding of the suite of Wealth Management products and services
Possess and demonstrate strong communication skills
Superior relationship management skills to partner effectively with specialists and across lines of business to meet the needs of clients
Strong analytical skills with the ability to identify trends, root cause and effects and develop strategies to increase growth and mitigate risk
Ability to make sound decisions by having a deep understanding of financial planning best practices and policies/procedures
Ability to identify client needs and concerns and articulate appropriate approach to align solutions to goals in a suitable and controlled way
Knowledge of Estate and Gift Taxes, Philanthropy, Trust Structures, Insurance, Income Tax Planning, and Investment Management
Comprehensive understanding of the suite of solutions, platforms, and initiatives across the bank/enterprise
High School Diploma / GED / Secondary School or equivalent

Responsibilities

Leverages extensive financial data to identify possible solutions to meet client needs and goals
Schedules, prepares, and attends client meetings to review plans, capture changes, and discuss next steps
Monitors, updates, and maintains client information in a related planning tool and plans on a consistent basis
Engages with specialists and partners to address client needs and deliver solutions
Working with Financial Advisor (FA) teams to provide comprehensive financial planning solutions
Identifying strategic investment opportunities
Driving financial planning by gathering and analyzing data to create robust financial plans
Fostering internal relationships
Understanding clients’ needs and goals proactively identifying strategic planning and investment opportunities to better meet client’s financial objectives
Driving the planning process through execution of extensive data gathering, analyzing, and data input with the end goal of creating a robust financial plan for Financial Advisor(s) and Advisor Team(s) to share with clients
Fostering relationships with internal specialists to ensure alignment of client goals to plan and explore opportunities to further enhance client relationships