Current jobs related to Wealth Planner - Toms River, New Jersey - Bank of America

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us

Job Description:

Wealth Planners work closely with Financial Advisor(s) and/or Advisor Team(s) to provide comprehensive financial planning through strategic planning advice. They are focused 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 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. They foster relationships with internal specialists to ensure alignment of client goals to plan and explore opportunities to further enhance client relationships. They possess a knowledge of estate and gift taxes, philanthropy, trust structures, insurance, income tax planning, and investment Management. They also have a comprehensive understanding of the suite of solutions, platforms, and initiatives across the enterprise

Role Responsibilities

Gather extensive financial information to drive plan creation

Enter client information into planning tool

Schedule and prepare materials for client meetings

Attend client meetings to review plan, capture changes and agree on next steps

Leverage financial data to identify possible solutions to meet client needs and goals

Engage specialists and partners to address client needs and deliver solutions

Monitor and update client information and plan changes on a consistent basis

Role Requirements

Either Series 7 and 66 licenses or Series 7, 63, and 65 licenses; must obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support

SAFE ACT Registration

Individuals in this role are required to maintain a Form ADV -2B, which provides clients details on individuals experience and educational background, along with

other requirements governed by the U.S. Securities and Exchange Commission ( SEC )

CFP or CPWA designation preferred or obtain and/or 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

Minimum of 5 years experience performing specialist level responsibilities or equivalent industry experience

Shift:1st shift (United States of America)

Hours Per Week: 40