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Wealth Management Specialist - NPD (FP)

Blue Bell, Pennsylvania

Job Description:

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!

The Elite Growth Practice (EGP) Investment Management Specialist role is a position on the Financial Advisor Team which operates in a capacity to further develop and service the client base.  They are responsible for implementing and executing the Elite Growth Practice Model (EGP) in their specific functional role.  Specific accountabilities for the role may vary depending on the team’s practice. Performance is measured through specific goals, metrics, and behavior’s related to the execution of the EGP model.  This position is subject to SAFE Act registration requirements.

The EGP Investment Management Specialist is responsible for supporting the Financial Advisor(s) and/or Advisor Team(s) overall investment management philosophy through executing on portfolio analysis and sharing expertise in a wide range of investment product areas. Ensure risk profiles, goals, objectives, and asset allocations are aligned and reflected properly for each client. Deliver full range of investment products and services across the enterprise ensuring alignment to client goals and strategies while leveraging specialists and applicable investment management tools where appropriate. Partner with internal specialists to deliver holistic investment solutions by identifying targeted investment strategies. Assist in the preparation of client performance review reports to measure progress to goals.

Role Responsibilities:

•Analyze and understand Merrill and third-party research

•Monitor and respond to market and non-financial current events

•Effectively navigate proprietary planning and investment management tools

•Deliver investment management, including but not limited to investment proposal, CRC, etc.

•Monitor and analyze book pricing internally for FA team

•Convey pricing to ensure client's understanding of the value of advice and accompanying solutions

•Deep understanding of the CIO philosophy & ongoing monitoring of strategy changes based on current market environment

•Monitor and manage client portfolios to align with client goals, objectives, risk tolerance and time horizons

•Research portfolio recommendations for Investment Committee review

•Prepare materials and coordinate weekly Investment Committee meetings

•Proactively review and manage team proprietary models to align with the Investment Committee decisions

•Manage ML One variances/enrollments/updates/withdrawals/terminations

•Serve as Primary/Lead Team Member for processing PIA trades in Portfolio

•Processing of all trades (discretionary or non-discretionary)

•Create analytical reports for FAs to review client investment portfolio performances against market returns

•Propose client recommendations/changes based on client goals, risk tolerance, time horizon and objectives

Required Qualifications:

  • Series 7, 63/65 or 66 or equivalent; must obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support. If Series 7, 63/65 or 66 or equivalent are not currently held, must be obtained within a specified timeframe to be eligible for Specialist position.
  • SAFE Act Registration; ADV-2B Required
  • Obtain and/or maintain at least one firm approved designation
  • Possess and demonstrate strong communication skills
  • Thorough knowledge and understanding of the suite of Wealth Management products and services
  • Strong analytical and portfolio management skills with the ability to identify trends and implement investment strategies to increase growth and mitigate risk
  • Ability to make sound decisions by having a deep understanding of investment management 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​


1st shift (United States of America)

Hours Per Week: 


Learn more about this role

Full time


Manages People: No

Travel: No

Street Address

Primary Location:
470 NORRISTOWN RD, PA, Blue Bell, 19422