134 applicants

Company

Bank of America · 1 day ago

Merrill Team Financial Advisor

Riverside, CA

Full-time

Onsite

Mid Level

3+ years exp

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Asset ManagementBanking

H1B Sponsor Likely

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Responsibilities

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 supervisory attention/review/approval as per compliance guidelines and policies

Completing mandated training, assessments, performance goals and continuing education requirements

Performance Hurdles: A Team Financial Advisor (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)

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

Qualification

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Sales experienceClient engagementFinancial acumenMicrosoft Office proficiencySales Force proficiencyClient prospectingFollow-through skillsTechnical literacyGoal orientedRelationship building

Required

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 appropriate solutions/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

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

Preferred

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

Company

Bank of America

Glassdoor

3.9

Bank of America is a financial institution that offers credit cards, home loans, and auto loan services.

Founded in 1998

Charlotte, North Carolina, USA

10001+ employees

https://www.bankofamerica.com

H1B Sponsorship

Bank of America has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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Trends of Total Sponsorships

2023 (422)

2022 (766)

2021 (728)

2020 (930)