Financial Advisor Planning Development Program

Bank Of America Corporation Tallahassee , FL 32301

Posted Yesterday

Job Description:

Merrill Lynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Lynch wealth management 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 Lynch's financial advisors help clients pursue the life they envision through a one-on-one relationship with an advisor committed to their needs. We believe trust comes from transparency. Our trusted financial advisors are equipped with access to the investment insights of Merrill Lynch coupled with the banking convenience of Bank of America.

Merrill Lynch Wealth Management is part of Bank of America Corporation.

The Team Financial Advisor (TFA) role is a specific functional role aligned to a Financial Advisor (FA) team for the purpose of concentrating on a targeted aspect of the Team's business. The primary focus of the TFA Planner role is to deliver a full range of goals-based planning & financial solutions to their FA Team's clients. The TFA Planner will own and manage the planning components of the team's client service model.

Key Responsibilities

  • Understand all aspects of an optimal practice and complete the training and development needed to prepare for a successful career as a Financial Advisor

  • Build and maintain a clear process for adding to and updating client profile information in Salesforce after regular client reviews

  • Consistently make adjustments to analytics, portfolio, balance sheet, net worth statement and recommendations based on new or relevant information

  • Deliver a full range of goals-based financial planning / wealth strategies including assessment of client needs

  • Maintain a robust knowledge of the firm's latest planning tools, techniques and strategies

  • Maintain a full understanding of ML online capabilities

  • Possess a working knowledge of financial planning wealth management tools

  • Possess niche-related knowledge and remain current on industry rules and relevant regulations including future standards that may be mandated

  • Use relevant knowledge and content to educate other Financial Advisors on strategies

  • Manage the team's client profiling process by leveraging all Firm resources

  • Deliver holistic goals-based financial solutions to clients

  • Prepare and present detailed customized client reports including metrics on progress to goals, especially during client reviews

  • Fulfill continuing education requirements to maintain designation(s)

  • Establish and maintain relationships with the management team and inform them of circumstances that require supervisory attention/review/approval per compliance guidelines and policies

  • Complete required training, obtain industry licenses (Series 7 & 66), master assessments, maintain continuing education requirements and meets minimum performance standards

  • Source prospective clients and capitalize on referrals

  • Deliver customized solutions and through collaboration deliver the full resources of Bank of America Merrill Lynch

This position may be subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. If your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in your immediate termination. Legal authorization to work in the US now and in the future without sponsorship is required.

Qualifications:

  • Strong analytical skills

  • Proven ability to identify clients optimal risk profiles, goals, objectives and appropriate asset allocation

  • Proven ability to assess needs of clients and recommend appropriate solutions/interventions

  • Proven ability to work collaboratively on a team and with key partners

  • Proven ability to listen and probe for clarity and understanding

  • Ability to source clients through prospecting and networking

  • Ability to work in an environment where the majority of your compensation is tied to your performance

  • Goal and results oriented

  • Highly effective communication skills (written and verbal)

  • Proven ability to engage with and influence others

  • Solid follow-through skills

  • Strong computer/technical literacy and proficiency in Microsoft Word, PowerPoint, Excel

NOTE: In addition to Planning, this position may be considered for both the Business Management and the Investment and Financing roles

Ideal candidate will have:

  • At minimum a Bachelors Degree

  • Credentialed with planning designations (s) CFP or CHFC The TFA curriculum assists candidates prepare for and earn the CFP designation

  • Experience working with clients on planning-related needs

  • Proficiency in using SalesForce / Client Relationship Manager Tool

  • Strong understanding of the Financial Advisor role

Posting Date: 04/26/2018

Location: Jacksonville, FL, Downtown Jacksonville Office, 50 N Laura St, Tallahassee, FL, 215 S MONROE ST (FL9800), Jacksonville, FL, JACKSONVILLE 1, 4800 DEER LAKE DR E, St Augustine, FL, 100 WHETSTONE PL (FL9808), Ponte Vedra Beach, FL, PONTE VEDRA BEACH, 510 A1A N, Ponte Vedra, FL, 822 A1A N (FL9810), Gainesville, FL, MADISON PARK BUILDING, 2850 NW 43RD ST, Ocala, FL, MERRILL LYNCH BUILDING, 301 SE 17TH ST, - United States

Travel: Yes, 5% of the time

Full / Part-time: Full time

Hours Per Week: 37.5

Shift: 1st shift


Find your dream job anywhere
with the LiveCareer app.
Download the
LiveCareer app and find
your dream job anywhere
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Financial Advisor Business ...

Bank Of America Corporation

Posted Yesterday

VIEW JOBS 6/22/2018 12:00:00 AM 2018-09-20T00:00 Job Description: The Financial Advisor Trainee engages in: * Developing a book of business in order to meet and exceed the required performance hurdles * Effectively sourcing prospective clients, capitalizing on referrals, assessing customer needs, referring customers to the appropriate service provider, and executing highly customized solutions to meet the customer needs * Recommending investment products and services that are suitable for prospects and clients based on their objectives, resources, time horizon, risk profile and preferences * Balancing investment growth, referral activities, customer follow up, prospect building, administrative compliance and personal growth and development according to both a day-to-day and longer-term plan * Planning and managing resources (time, people, budget) to run a productive practice * Seeking the expertise of specialists, where appropriate, to identify planning and investment strategies for a client * Establishing and maintaining relationship with the management team and informing management of any circumstances that require supervisory attention/review/approval as per compliance guidelines and policies * Completing mandated training, assessments, performance goals and continuing education requirements The Financial Advisor Trainee receives: •The strength and name recognition of Merrill Lynch and Bank of America. * A base salary through the full three plus years in the PMD program. This roll will become a fully commissioned position after completion of the PMD program. * World class training throughout their career with Merrill Lynch * State of the art software programs to assist in your success * Access to a full array of investment and banking products for your clients * Coaches or mentors located within your office to work with you towards your success Ideal candidates: The PMD program is designed for individuals ready to make a career transition and follow their passion of becoming a Financial Advisor. Successful candidates have at least three years of full time sales experience in ever more challenging environments. The sales experience should include the successful use of outbound sales techniques to exceed sales goals. Financial acumen gained through work experience is ideal. Essential Duties and Responsibilities: * Performance Hurdles: A Financial Advisor Trainee must acquire clients through personalized marketing techniques to meet minimum performance hurdles. * Registration and Licensing Requirement: A Financial Advisor Trainee is required to obtain necessary licensing and registrations (Series 7 and Series 66 and Insurance). * Education Requirement: A Financial Advisor Trainee is required to complete the Certified Financial Planner (CFP) Investment Planning Course and the Financial Planning course. * Development Assessment: A Financial Advisor Trainee must successfully complete ongoing Developmental Assessments throughout the training. In preparation for the assessment, the Financial Advisor Trainee studies a variety of topics and may participate in developmental activities in the areas including but not limited to: Merrill Lynch strategy, products & services, wealth management process, desk top technology, marketing consultative sales skills and investment financial planning knowledge. * Performance Requirements: A Financial Advisor Trainee is expected to meet the performance and development requirements of the PMD Program and transition to a full Financial Advisor at the conclusion of the PMD Program. Required skills * Proven ability to engage with and influence others * Exceptional interpersonal and relationship building skills * Effective communication skills (written and verbal) - Proven ability to quickly build trust and credibility * Proven ability to assess needs of clients and recommend appropriate solutions/interventions * Proven ability to work collaboratively on a team and with key partners * Proven ability to listen and probe for clarity and understanding * Goal and results oriented * Ability to source clients through prospecting and networking * Ability to work in an environment where the majority of your compensation is tied to your performance * Strong follow-through skills * Computer/technical literacy and proficiency in Microsoft Word, PowerPoint, Excel Desired skills: * At minimum a Bachelor's Degree * Demonstrated track record of success * Proficiency in using Sales Force / Client Relationship Manager Tool * Strong understanding of the Financial Advisor role Posting Date: 04/26/2018 Location: Jacksonville, FL, Downtown Jacksonville Office, 50 N Laura St, Tallahassee, FL, 215 S MONROE ST (FL9800), Jacksonville, FL, JACKSONVILLE 1, 4800 DEER LAKE DR E, St Augustine, FL, 100 WHETSTONE PL (FL9808), Ponte Vedra Beach, FL, PONTE VEDRA BEACH, 510 A1A N, Ponte Vedra, FL, 822 A1A N (FL9810), Gainesville, FL, MADISON PARK BUILDING, 2850 NW 43RD ST, Ocala, FL, MERRILL LYNCH BUILDING, 301 SE 17TH ST, - United States Travel: Yes, 5% of the time Full / Part-time: Full time Hours Per Week: 37.5 Shift: 1st shift Bank Of America Corporation Tallahassee FL

Financial Advisor Planning Development Program

Bank Of America Corporation