Merrill Team Financial Advisor

Company: Disability Solutions
Location: Newport Beach
Posted on: April 20, 2024

Job Description:

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. 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.Merrill Team Financial Advisor Business Development ProgramThe Merrill Wealth Management 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 supervisory attention/review/approval as per compliance guidelines and policies
• Completing mandated training, assessments, performance goals and continuing education requirementsThe 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 Wealth Management
  • 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 successIdeal 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 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).
    • 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 Qualifications
      • 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, ExcelDesired Qualifications
        • 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 roleThis 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 disciplinary action up to and including termination.Shift:1st shift (United States of America)Hours Per Week: 40

Keywords: Disability Solutions, Aliso Viejo , Merrill Team Financial Advisor, Accounting, Auditing , Newport Beach, California