Wealth Planner

Bank of America•Oklahoma City, OK

1d•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, 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. Merrill is committed to an in-office culture with specific requirements for office-based attendance, allowing for an appropriate level of flexibility. The company values diversity and inclusion, fostering a culture-driven, resilient, results-focused, and effective work community. Internal employees currently working from home are eligible to apply but may be required to work onsite if selected. 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. Wealth Planners 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, analysis, and input to create robust financial plans for FAs to share with clients. They foster relationships with internal specialists to ensure alignment of client goals to plans and explore opportunities to further enhance client relationships. The role requires knowledge of Estate and Gift Taxes, Philanthropy, Trust Structures, Insurance, Income Tax Planning, and Investment Management, as well as a comprehensive understanding of solutions, platforms, and initiatives across the bank. This position may also involve residential mortgage loan provision, making it subject to SAFE Act registration requirements, including background checks. Failure to maintain SAFE Act registration may result in disciplinary action up to and including termination.

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
High School Diploma / GED / Secondary School or equivalent

Responsibilities

Work with Financial Advisor (FA) teams to provide comprehensive financial planning solutions
Identify strategic investment opportunities
Drive financial planning by gathering and analyzing data to create robust financial plans
Foster internal relationships
Understand clients’ needs and goals
Proactively identify strategic planning and investment opportunities to better meet client’s financial objectives
Drive the planning process through execution of extensive data gathering, analyzing, and data input
Create robust financial plans for Financial Advisor(s) and Advisor Team(s) to share with clients
Foster relationships with internal specialists to ensure alignment of client goals to plan and explore opportunities to further enhance client relationships
Leverage extensive financial data to identify possible solutions to meet client needs and goals
Schedule, prepare, and attend client meetings to review plans, capture changes, and discuss next steps
Monitor, update, and maintain client information in a related planning tool and plans on a consistent basis
Engage with specialists and partners to address client needs and deliver solutions
Provision of residential mortgage loans (if applicable, subject to SAFE Act registration requirements)