Wealth Planner - EGP

Bank of America•Northbrook, IL

5d•Onsite

About The Position

Merrill Wealth Management is hiring a Wealth Planner to work with Financial Advisor teams and provide comprehensive financial planning solutions. The role identifies strategic investment opportunities, gathers and analyzes client data to develop robust financial plans, and fosters internal relationships. It requires knowledge of estate and gift taxes, philanthropy, trust structures, insurance, income tax planning, and investment management, as well as a comprehensive understanding of the bank’s solutions, platforms, and initiatives. The position may involve providing residential mortgage loans and is subject to SAFE Act registration requirements. Employees must register with the federal registry system, complete the required background check, and maintain good standing. Failure to obtain or maintain registration may result in disciplinary action, up to and including termination. Merrill is committed to an in-office culture with role-specific attendance requirements and an appropriate level of flexibility. Internal employees currently working from home may apply, but selected candidates may be required to work onsite under the workplace excellence policy. The role is based at 1033 Skokie Blvd, Northbrook, Illinois, and is a first-shift position for 40 hours per week. The annualized pay range is $52,000–$96,000, with offers determined by experience, education, and skill set. The role is eligible for a formulaic incentive plan and benefits.

Requirements

Series 7 and Series 63/65 or 66, or equivalent; obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) supported.
SAFE Act registration and ADV-2B.
CFP® or CPWA® designation, and/or obtain and maintain at least one firm-approved designation.
Understanding of how to deliver a strong overall client experience.
Thorough knowledge and understanding of Wealth Management products and services.
Strong communication skills.
Superior relationship management skills to partner effectively with specialists and across lines of business to meet client needs.
Strong analytical skills, including identifying trends, root causes, and effects, and developing strategies to increase growth and mitigate risk.
Ability to make sound decisions based on a deep understanding of financial planning best practices and policies and procedures.
Ability to identify client needs and concerns and articulate an appropriate approach that aligns solutions with goals in a suitable and controlled way.
High school diploma, GED, secondary school qualification, or equivalent.

Responsibilities

Leverage extensive financial data to identify possible solutions that meet client needs and goals.
Schedule, prepare for, and attend client meetings to review plans, capture changes, and discuss next steps.
Monitor, update, and maintain client information in the related planning tool and keep plans current.
Engage with specialists and partners to address client needs and deliver solutions.
Identify strategic investment opportunities and drive financial planning by gathering and analyzing data to create robust financial plans.
Foster internal relationships and partner across lines of business.