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Advisor Development Program - Financial Solutions Advisor Trainee Pennsylvania Avenue Washington District of Columbia Additional locations Apply × To proceed with your application you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge
Refer a friend Apply × To proceed with your application you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge
Job Description
Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management is one of the largest businesses of its kind in the world, specializing in goals-based wealth management including planning for retirement, education, legacy, and other life goals through investment advice and guidance.
Merrills Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America.
Merrill is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Merrill, we empower you to bring your whole self to work. We value diversity in our thoughts, business, and within our employees and clients. Our Wealth Management team represents an array of different backgrounds and bring their unique perspectives, ideas, and experiences helping to create a work community that is culture-driven, resilient, results-focused, and effective.
Job Description
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 clients 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 Americas 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 youve 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.
Required Qualifications
Desired Qualifications
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.
Shift 1st shift United States of America Hours Per Week 40 Learn more about this role View transcript Close transcript Music in background throughout Bank of America logo shown periodically throughout At Bank of America, I get to make a difference every day. On screen copy Advisor Training Programs On screen disclosure Please see important information at the end of this video. As an Advisor, my job is to advise my clients on their investment goals and match them with the right portfolio and specialists to help them pursue those goals. On screen copy Advise clients on their investment goals in order to pursue those goals I interact with clients from all walks of life from small-business owners developing a financial plan to new parents looking to start saving money for their childs college education. I match my knowledge of financial markets and investment products with clients individual investment needs. A key part of my role is accomplishing performance goals through consultative needs-based analysis and organized follow-up with my clients. On screen copy Accomplishing performance goals through needs-based analysis and client follow-up When I first started, I had a lot to learn about the investment world and compliance standards, but I was equipped with the tools and training I needed to succeed. In my last job, I worked mostly on my own. Here, I get to work in a team environment every day. On screen copy Team environment I even get some of my best referrals from my teammates. And since I work with people in so many different departments, Im able to build connections and learn more about other roles. Everyone here is really supportive of your career growth. I meet with my manager on a regular basis to talk about my goals and she gives me advice for how to make them a reality. On screen copy Regular meetings with your manager to make your goals a reality As an Advisor, you will participate in the award-winning Academy at Bank of America. On screen copy Trained by the award-winning Academy at Bank of America Brandon Hall Gold Award for Learning and Development From my first day to today, the Academy has equipped me with all the resources I needed to be successful in acquiring my Security Licenses. I was provided with dedicated study time, training, and support. On screen copy While studying for Security Licenses, the Academy at Bank of America provides:
Merrill Lynch Pierce Fenner & Smith Incorporated also referred to as MLPF&S or Merrill makes available certain investment products sponsored, managed, distributed, or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC, and a wholly owned subsidiary of BofA Corp. Investment products Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value. 2024 Bank of America Corporation. All rights reserved.
End of transcript MAP-7261961 Exp-51926 Apply × To proceed with your application you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge
Full time JR-26009329 Manages People No Travel Yes 5 of the time Age requirement Must at least be 18 years of age. Washington DC pay and benefits information Washington DC pay range 28.85 - 33.65 hourly pay offers to be determined based on experience, education, and skill set. Predictable pay 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, access to paid time off, resources, and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve Share Save job Job saved