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Financial Solutions Advisor Trainee
4 weeks ago
Job Description:
The Merrill Returning Talent Advisor Development Program is a hiring initiative and training program designed for professionals who have taken a career break for at least one year and are looking to rejoin the corporate workforce. The program aims to empower returnees by providing the tools and support to successfully reintegrate into the corporate world while developing the expertise to build and grow as a financial advisor.
Program Overview:
- The program includes professional licensing, on-the-job learning experiences in our financial centers and Merrill office complexes, professional skills training, and hands-on support from our teams to support re-entry into the workforce.
- The program utilizes knowledge/activity-based training modules and national and local leader/peer coaching to teach banking fundamentals.
- Mentorship as well as peer and professional networking opportunities are offered throughout the program.
Job Responsibilities:
As an Advisor Development Program Financial Solutions Advisor Stage I (ADP FSA I), your journey begins obtaining your Securities Industry licenses, where you receive dedicated study time for your Securities Industry Essentials [SIE], Series 7 and Series 66 Exams. Once you obtain your licenses, you will be taught the foundational skills needed to be an advisor from acquiring, building and managing client relationships to considering a client's complex financial picture and guiding them with advice and solutions to help them live their best financial lives, all while humanizing financial interactions.
Once you have reached your key milestones, you will begin working in a financial center where you will help to deliver Bank of America's core banking, investment solutions and approach to client care. We will equip you with everything you need as you move through the stages of development.
Career Progression:
Once you have demonstrated success as a licensed ADP Financial Solutions Advisor Stage I, you will typically progress onto the next stage of ADP as a Merrill Financial Solutions Advisor (MFSA). In that role, you will transition to a local Merrill Wealth Management office and continue to practice the skills you've learned in ADP by beginning to build a new portfolio of affluent and high net worth clients. As a successful MFSA, you will then have the opportunity to progress further within ADP with the ultimate aim of becoming a core Merrill Financial Advisor.
Requirements:
We are seeking individuals who are comfortable in a sales role, finding ways to nurture strong relationships with prospective clients. You should be able to communicate clearly and confidently with clients from all walks of life, work well with others and collaborate productively to get things done. You should also be able to manage complexity, prioritize tasks and execute in a fast-paced environment.
Preferred Qualifications:
A bachelor's degree or 1-2 years of experience working in the financial service industry and/or a sales environment where goals were met or exceeded is preferred. Experience assessing client needs, identifying/recommending solutions, and building/managing client relationships is also desirable.
