Bank of America Advisor Development Program

Make an impact as a Financial Advisor

The Advisor Development Program (ADP) is a dynamic program that incorporates expert coaching and training from our outstanding Academy, an onboarding, education and professional development organization. Program participants will benefit from direct interaction with clients and business leaders and will have access to opportunities that promote long-term success as Merrill Financial Advisors. ADP is modernizing the development of advisors through innovative business development strategies and the use of technology to help you meet clients wherever they are.

Why be a Financial Advisor

Financial Advisors are people who want to make an impact. And there’s no bigger impact than helping people meet their life goals, whether it be funding college, a new business or being able to retire on their own terms. Using our high-tech, high-touch investment and planning capabilities — you will be able to build long-lasting relationships with your clients.

How are advisors trained?

ADP training includes robust coursework taught by subject matter experts through dedicated learning time with our Academy program and high-tech immersive training. Participants will be in a class together, benefiting from a supportive team environment and dedicated leadership through the entirety of the experience.

A modern approach to prospecting

ADP participants have access to the latest technology for interacting with clients and prospects. You benefit from leads and referrals from Bank of America’s financial centers, digital channels and the networks of companies. You learn how to serve your communities and networks as you share with clients and prospects our products and services.

Supporting you in your personal and professional lives

Our employees are the foundation of our success. That’s why Bank of America is committed to offering a variety of competitive programs and benefits that support your physical, emotional and financial wellness both at work and at home. These benefit programs are designed to meet your diverse needs at every stage of your life and help you plan for tomorrow. Inclusion is at the core of our work. Today, Bank of America has 355 employee network chapters, 230,000 memberships worldwide and seven diversity leadership councils supporting affinity groups.

The Bank of America Advisor
Development Program

Advisor
Development Program
(Relationship Manager)
8 months
  • Work in a Bank of America financial center
  • Be a key part of the financial center team
  • Support clients across the banking spectrum
  • Engage with clients who visit a financial center
  • Work on core banking, credit and lending solutions
Financial
Solutions Advisor
(FSA)
13 months
(3 months licensing)
  • Work in a Bank of America financial center
  • Be a key part of the financial center team
  • Support clients with a focus on affluent clients
  • Obtain your required FINRA registrations
  • Work on core banking, credit, lending and investing solutions
Merrill Financial
Solutions Advisor
(MFSA)
18 months
  • Work in a Merrill Lynch Wealth Management branch location
  • Deliver products and capabilities across Bank of America banking and Merrill investing
  • Prepare to become a Merrill Financial Advisor (MFA)
Merrill Financial
Advisor
  • Work in a Merrill Lynch Wealth Management branch location
  • Demonstrate sustainable business development activities
  • Deliver products and capabilities across Bank of America banking and Merrill investing
The stages participants will travel through on their path to success.

Developing the next generation of Merrill advisors

ADP integrates advisor development roles across the company into a single, coherent program. The program will enable advisors to develop skills in servicing clients across wealth bands and access the deep breadth of relationships across the Enterprise. As we meet our clients where they are in their financial journeys, we likewise meet you where you are along the advisor career path continuum. In ADP, you can enter the program from the beginning, or join us where your skills and experience align.

What our clients have to say

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Clients tell us that the delivery of personalized advice across our company’s full spectrum of banking, lending, investing and planning capabilities is what they need from a Financial Advisor.

What teammates are saying about ADP

"This program enables people from a wide range of backgrounds and experience levels to become successful advisors."

– ADP participant

"I love the ability to experience multiple lines of business, and I am learning how to serve my clients."

– ADP participant

"The resources and coaching provided have proved to be invaluable in my development."

– ADP participant

Discover opportunities within ADP: careers.bankofamerica.com