Becoming a Financial Advisor

The Bank of America Advisor Development Program is not just a training program, it's a path to success.

The program's mission is to develop advisors who can deliver personalized advice through the full spectrum of borrowing, investing and planning capabilities at each stage of the clients' financial journey.

Modern approach for development

Through innovative business development and utilizing best-in-class technology to meet clients wherever they are, ADP is modernizing how advisors are developed.

Participants in ADP receive expert coaching and training from our award-winning Academy and Leadership Development organization. Future advisors 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.

Bullish on your Merrill future

Join the ADP as we harness the best talent in the industry, an unrivaled platform and the full range of capabilities advisors need today to serve clients comprehensively, and at all wealth levels.

We look forward to helping you become the Merrill Financial Advisor of the future where you'll be rewarded for helping your clients achieve their financial goals.

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