Merrill Team Financial Advisor

Company: Bank of America
Location: Akron
Posted on: January 27, 2023

Job Description:

Merrill Team Financial AdvisorEvansville, Indiana;Lakeside Park, Kentucky; Indianapolis, Indiana; Akron, Ohio; Cincinnati, Ohio**Job Description:****Merrill Team Financial Advisor Business Development Program****The Team Financial Advisor (TFA) engages in:**+ Developing a book of business in order to meet and exceed the required performance hurdles+ Effectively sourcing prospective clients, capitalizing on referrals, assessing customer needs, referring customers to the appropriate service provider, and executing highly customized solutions to meet the customer needs+ Recommending investment products and services that are suitable for prospects and clients based on their objectives, resources, time horizon, risk profile and preferences+ Balancing investment growth, referral activities, customer follow up, prospect building, administrative compliance and personal growth and development according to both a day-to-day and longer-term plan+ Planning and managing resources (time, people, budget) to run a productive practice+ Seeking the expertise of specialists, where appropriate, to identify planning and investment strategies for a client+ Establishing and maintaining relationship with the management team and informing management of any circumstances that require supervisoryattention/review/approvalas per compliance guidelines and policies+ Completing mandated training, assessments, performance goals and continuing education requirements**The TFA engages in all of the above activities with the support and mentorship of a Financial Advisor Team.****The Team Financial Advisor receives:**+ The strength and name recognition of Merrill and Bank of America.+ World class training throughout their career with Merrill+ State of the art software programs to assist in your success+ Access to a full array of investment and banking products for your clients+ Coaches or mentors located within your office to work with you towards your success**Ideal candidates:**The Team Financial Advisor Development Program is designed for individuals ready to make a career transition and follow their passion of becoming a Financial Advisor. Successful candidates have at least three years of full time sales experience in ever more challenging environments. The sales experience should include the successful use of outbound sales techniques to exceed sales goals. Financial acumen gained through work experience is ideal.**Essential Duties and Responsibilities:**+ Performance Hurdles: A TFA must acquire clients through personalized marketing techniques to meet minimum performance hurdles.+ Registration and Licensing Requirement: A TFA is required to obtain necessary licensing and registrations (Series 7 and Series 66 and Insurance).+ Education Requirement: A TFA is required to complete the Certified Financial Planner (CFP) Investment Planning Course and the Financial Planning course.+ Development Assessment: A TFA must successfully complete ongoing Developmental Assessments throughout the training. In preparation for the assessment, the TFA studies a variety of topics and may participate in developmental activities in the areas including but not limited to: Merrill strategy, products & services, wealth management process, desk top technology, marketing consultative sales skills and investment financial planning knowledge.+ Performance Requirements: A TFA is expected to meet the performance and development requirements of the Financial Advisor Development Program and transition to a full Financial Advisor at the conclusion of the program.**Required skills**+ Proven ability to engage with and influence others+ Exceptional interpersonal and relationship building skills+ Effective communication skills (written and verbal) - Proven ability to quickly build trust and credibility+ Proven ability to assess needs of clients and recommend appropriatesolutions/interventions+ Proven ability to work collaboratively on a team and with key partners+ Proven ability to listen and probe for clarity and understanding+ Goal and results oriented+ Ability to source clients through prospecting and networking+ Ability to work in an environment where the majority of your compensation is tied to your performance+ Strong follow-through skills+ Computer/technical literacy and proficiency in Microsoft Word, PowerPoint, Excel**Desired skills:**+ At minimum a Bachelor's Degree+ Demonstrated track record of success+ Proficiency in using Sales Force / Client Relationship Manager Tool+ Strong understanding of the Financial Advisor role**Job Band:**H6**Shift:**1st shift (United States of America)**Hours Per Week:**40**Weekly Schedule:****Referral Bonus Amount:**0**Job Description:****Merrill Team Financial Advisor Business Development Program****The Team Financial Advisor (TFA) engages in:**+ Developing a book of business in order to meet and exceed the required performance hurdles+ Effectively sourcing prospective clients, capitalizing on referrals, assessing customer needs, referring customers to the appropriate service provider, and executing highly customized solutions to meet the customer needs+ Recommending investment products and services that are suitable for prospects and clients based on their objectives, resources, time horizon, risk profile and preferences+ Balancing investment growth, referral activities, customer follow up, prospect building, administrative compliance and personal growth and development according to both a day-to-day and longer-term plan+ Planning and managing resources (time, people, budget) to run a productive practice+ Seeking the expertise of specialists, where appropriate, to identify planning and investment strategies for a client+ Establishing and maintaining relationship with the management team and informing management of any circumstances that require supervisoryattention/review/approvalas per compliance guidelines and policies+ Completing mandated training, assessments, performance goals and continuing education requirements**The TFA engages in all of the above activities with the support and mentorship of a Financial Advisor Team.****The Team Financial Advisor receives:**+ The strength and name recognition of Merrill and Bank of America.+ World class training throughout their career with Merrill+ State of the art software programs to assist in your success+ Access to a full array of investment and banking products for your clients+ Coaches or mentors located within your office to work with you towards your success**Ideal candidates:**The Team Financial Advisor Development Program is designed for individuals ready to make a career transition and follow their passion of becoming a Financial Advisor. Successful candidates have at least three years of full time sales experience in ever more challenging environments. The sales experience should include the successful use of outbound sales techniques to exceed sales goals. Financial acumen gained through work experience is ideal.**Essential Duties and Responsibilities:**+ Performance Hurdles: A TFA must acquire clients through personalized marketing techniques to meet minimum performance hurdles.+ Registration and Licensing Requirement: A TFA is required to obtain necessary licensing and registrations (Series 7 and Series 66 and Insurance).+ Education Requirement: A TFA is required to complete the Certified Financial Planner (CFP) Investment Planning Course and the Financial Planning course.+ Development Assessment: A TFA must successfully complete ongoing Developmental Assessments throughout the training. In preparation for the assessment, the TFA studies a variety of topics and may participate in developmental activities in the areas including but not limited to: Merrill strategy, products & services, wealth management process, desk top technology, marketing consultative sales skills and investment financial planning knowledge.+ Performance Requirements: A TFA is expected to meet the performance and development requirements of the Financial Advisor Development Program and transition to a full Financial Advisor at the conclusion of the program.**Required skills**+ Proven ability to engage with and influence others+ Exceptional interpersonal and relationship building skills+ Effective communication skills (written and verbal) - Proven ability to quickly build trust and credibility+ Proven ability to assess needs of clients and recommend appropriatesolutions/interventions+ Proven ability to work collaboratively on a team and with key partners+ Proven ability to listen and probe for clarity and understanding+ Goal and results oriented+ Ability to source clients through prospecting and networking+ Ability to work in an environment where the majority of your compensation is tied to your performance+ Strong follow-through skills+ Computer/technical literacy and proficiency in Microsoft Word, PowerPoint, Excel**Desired skills:**+ At minimum a Bachelor's Degree+ Demonstrated track record of success+ Proficiency in using Sales Force / Client Relationship Manager Tool+ Strong understanding of the Financial Advisor role**Shift:**1st shift (United States of America)**Hours Per Week:**40Learn more about this roleFull timeJR-23001617Band: H6Manages People: NoTravel: Yes, 10% of the timeManager:Talent Acquisition Contact:Keri Lyn RothReferral Bonus:0Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.To view Bank of America's Drug-free workplace and alcohol policy, CLICK HERE .

Keywords: Bank of America, Akron , Merrill Team Financial Advisor, Other , Akron, Ohio