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 Teams business. The primary focus of the TFA Planner role is to deliver a full range of goals-based planning & financial solutions to their FA Teams clients.
The TFA Planner will own and manage the planning components of the teams 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 Sales force 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 firms 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 teams 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 is 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.
Since 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 disciplinary action up to and including termination. Legal authorization to work in the US now and in the future without sponsorship is required.
Posting Date: 03/14/2019
Location: Lake Forest, IL, 780 N Western Ave (IL2213), Northbrook, IL, 1033 SKOKIE BLVD (IL3518), Orland Park, IL, LBNA, 15255 S 94th Ave, Peoria, IL, LIBERTY PLAZA, 230 SW Adams St, Rockford, IL, ROCKFORD BC, 6958 Spring Creek Rd, Schaumburg, IL, 10 N MARTINGALE RD (IL9010), Chicago, IL, 33 W MONROE ST (IL9033), Oak Brook, IL, 2021 SPRING RD (IL9202), Bloomington, IL, CORPORATE CENTER E PHASE1, 2205 E EMPIRE ST, Deer Park, IL, 21805 W FIELD PKWY (IL9218), Chicago, IL, 225 W WACKER DR (IL9225), Lisle, IL, 3333 WARRENVILLE RD (IL9333), Crystal Lake, IL, 360 MEMORIAL DR (IL9360), Springfield, IL, THE PASFIELD BUILDING, 611 E MONROE ST, Champaign, IL, ILLINI PLAZA, 1823 S NEIL ST, Merrillville, IN, MERRILLVILLE CORP. LAKES, 707 E 80TH PL, Cedar Rapids, IA, 1065 SIERRA CT NE (IA9065), Davenport, IA, 4550 E 53RD ST (IA9550), West Des Moines, IA, 7545 ASHWORTH RD (IA9754), Troy, MI, TROY HEADQUARTERS, 2600 W Big Beaver Rd, Dearborn, MI, FAIRLANE PLAZA NORTH, 290 Town Center Dr, Auburn Hills, MI, MER, - 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