Advisor Development Program - Financial Solutions Advisor Trainee (Centralized): Midtown Manhattan

Overview

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. We specialize in goals-based wealth management, including retirement, education, legacy, and other life goals through investment advice and guidance. Our Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team, built on transparency and trust. Our advisory teams have access to Merrill’s investment insights and Bank of America’s banking convenience.

About Merrill Wealth Management

Merrill is committed to an in-office culture with specific requirements for office-based attendance, balanced with flexibility based on role-specific considerations. We empower you to bring your whole self to work and value diversity in thoughts, business, and our employees and clients. Our Wealth Management team brings together individuals from diverse backgrounds to create a culture-driven, resilient, results-focused, and effective environment.

Program Overview

As a Financial Solutions Advisor within the centralized segment of the Advisor Development Program, your journey begins by obtaining Securities Industry licenses, with dedicated classes for Securities Industry Essentials (SIE), Series 7, and Series 66 exams. After obtaining your licenses, you will learn foundational skills to be an advisor—acquiring, building, and managing client relationships; evaluating a client’s complex financial picture; and guiding them with advice and solutions to help them live their best financial lives, while humanizing financial interactions. You will then join the centralized team as a Financial Solutions Advisor.

The Financial Solutions Advisors in the centralized segment are phone-based licensed advisors (Series 7 and 66 required) who provide clients with holistic financial advice and guidance by identifying broader product and service solutions that meet their investment, savings, and liability management needs. FSAs demonstrate knowledge of investments and financial markets and apply key principles appropriate to the individual client’s investment needs. They align Merrill and Bank of America products and services where appropriate. We will equip you with everything you need as you move through the stages of development toward the Merrill Financial Advisor role.

During this stage, you will receive the necessary training and guidance through a defined path to become the financial advisor you want to be. You will have opportunities to work with both affluent and high-net-worth clients, identifying needs, developing relationships, reviewing investment goals, and preparing investment recommendations aligned with goals of existing and prospective clients. Once you have honed your skills and demonstrated success as an FSA, you typically progress to the next stage as a Merrill Financial Solutions Advisor (MFSA). This role provides the opportunity to pursue a career within Merrill Wealth Management.

Academy & Development

The Academy will support you with dedicated programs, tools, and resources throughout your career journey. You will:

• Build a successful career at Bank of America through world-class training and onboarding programs that set you up for success.
• Receive training and one-on-one coaching from Academy managers who are invested in your success.
• Grow your business knowledge by using a defined consultative approach with clients to identify needs and appropriate solutions.
• Earn your SIE, Series 7, and Series 66 licenses (63 & 65 accepted in lieu of 66) through structured lessons and dedicated study time. You must obtain your SIE within 60 days of hire and your Series 7 & 66 within 120 days—the requirement for the role.
• Build your network by starting at a financial center and interacting with banking customers, small business owners, and higher-net-worth clients. Leverage our relationships with about half of U.S. households to help grow your business.
• Provide end-to-end comprehensive advice, deliver client reviews/presentations with confidence, and recommend strategies to help clients achieve their financial goals.
• Collaborate with core banking and investment partners. Connect clients to all of the solutions provided through Bank of America and Merrill to meet their financial needs.

As an Advisor Development Program Financial Solutions Advisor in the centralized segment, you can look forward to:

• Unlimited potential for financial growth.
• A strong referral base from across the business through our relationship with one in every two households.
• Managing a portfolio of clients by delivering exceptional client care with leading products and services.
• Robust marketing support to reach wider audiences with greater appeal.
• Ongoing professional development to deepen skills and adapt to changes in the industry.
• Opportunities to connect with experts including small business consultants, mortgage lenders, and investment advisors.

Our Culture & Values

• Commitment to responsible growth and to supporting the communities we serve.
• Continuous training and development opportunities to help people achieve their goals.
• Belief in diversity and its value in reflecting and meeting the needs of clients worldwide.
• Commitment to advancing tools, technology, and ways of working, with a client-first mindset to meet evolving needs.

Required Qualifications

• Displays confidence working in a sales role
• Builds strong client relationships through effective communication and collaboration
• Demonstrates a proactive mindset and effective time management
• Shows a results-driven mindset and prioritizes client interests
• Identifies appropriate client solutions through application of learnings and new information
• Applies relevant regulatory due diligence in daily activities and in creating long-term client strategies

Desired Qualifications

• Bachelor’s degree and/or a minimum of one year of financial services industry or sales experience
• Learns and adapts to new technology or applications
• Executes multiple tasks simultaneously

Compliance & Registration

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. Because this role requires SAFE Act registration, candidates must register and submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in termination.

Role Details

Shift: 1st shift (United States of America)

Hours Per Week: 40

Compensation & Benefits

Pay Transparency details

Pay range: $28.85 - $33.65 hourly, offers to be determined based on experience, education, and skill set.

Compensation: This role is compensated with a base salary and is not incentive eligible.

Benefits: This role is currently benefits eligible. We provide industry-leading benefits, paid time off, resources, and support to our employees to make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.