Advisor Development Program - Financial Solutions Advisor Trainee-Belmont/Oconto Financial Center

Job Description:

The Merrill Returning Talent Program

Do you have a sales background or have you owned your own business?  Are you competitive, a quick study and eager to learn more about investment management?  Have you taken a career break and are you looking to return to the corporate world in an entrepreneurial role?  Would you like to explore a career as a financial advisor? 

The Merrill Returning Talent Advisor Development Program is a hiring initiative and training program geared towards professionals who have taken a career break for at least one year and who are looking to rejoin the corporate workforce. The program is designed 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.

Returning Talent Program Overview

• The program will include 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 offered throughout the program

The job description is as follows:

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.
 

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. The Academy will support you along the way with dedicated programs, tools and resources throughout your career journey.

This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in your immediate termination.

Required skills:
• Sets and accomplishes goals, achieving whatever you put your mind to.
• Is comfortable in a sales role, finding ways to nurture strong relationships with prospective clients.
• Communicates clearly and confidently with clients from all walks of life.
• Works well with others and collaborates productively to get things done.
• Can manage complexity, prioritize tasks and execute in a fast-paced environment.
• Likes to learn on your feet, adapting to new information and seeking the right solutions for clients.
• Efficiently manages your time and capacity.
• Is thorough and will incorporate relevant regulatory due diligence into daily to-do’s and long-term strategies for clients.

Desired skills:
• Strong computer skills with an ability to multitask in a demanding environment.
• A bachelor’s degree, or 1-2 years’ experience working in the financial service industry and/or a sales environment where goals were met or exceeded.
• Experience assessing client needs, identifying/recommending solutions, and building/managing client relationships.

Shift:

Hours Per Week: