Merrill Lynch Team Financial Advisor Program (Business Management) - Bloomfield Hills, MI - Bank of America - Bloomfield Hills, MI

Merrill Lynch Team Financial Advisor Program (Business Management) - Bloomfield Hills, MI - Bank of America - Bloomfield Hills, MI -

Merrill Lynch Wealth Administration is a number one supplier of complete wealth management and funding services for people and companies. With 14,085 Financial Advisors and $2 trillion in shopper balances as of December 31, 2014, Merrill Lynch is among the many largest companies of our variety on the planet.

Merrill Lynch Wealth Administration focuses on objectives-based mostly wealth management, together with planning for retirement, schooling, legacy, and different life objectives by way of funding and wealth management. We assist shoppers pursue the life they envision via a one-on-one relationship with a monetary advisor dedicated to their wants — an advisor with entry to the funding insights of Merrill Lynch and the banking comfort of Bank of America.

Merrill Lynch Wealth Administration is a component of Bank of America Company.

The Team Financial Advisor (TFA) position is a selected useful position aligned to a Financial Advisor (FA) workforce for the aim of concentrating on a focused facet of the Team’s enterprise. The first focus of the TFA Enterprise Administration position is to make sure the FA group has an outlined marketing strategy together with workforce roles and duties and to trace to the objectives within the plan. The TFA Enterprise Supervisor will personal, handle and monitor to the elements of the staff’s shopper segmentation and pricing mannequin. The TFA Enterprise Supervisor might want to apply future business developments and agency technique to the staff’s apply.

Key Obligations

Perceive all points of an optimum follow and full the coaching and improvement wanted to organize for a profitable profession as a Financial Advisor

Make sure the workforce has a Enterprise Plan in place that defines a transparent imaginative and prescient for the apply together with objectives and goals, group roles and duties and processes for all of the Optimum Apply Mannequin Useful Roles

Maintain common follow conferences to drive accountability to marketing strategy

Monitor and monitor progress to objectives

Handle and fund a longtime finances for follow bills

Monitor and handle staff’s enterprise bills

Guarantee workforce is utilizing shopper segmentation, pricing and profitability mannequin

Leverage companions inside the agency to drive the general imaginative and prescient for the apply

Consider group follow utilizing the SWOT Evaluation

Create skilled improvement plans for group members

Might handle staff “employees”(Funding Associates/Shopper Associates)

Set up and keep relationships with the management staff and inform them of any circumstances that require supervisory consideration/assessment/approval per compliance tips and insurance policies

Full required coaching, get hold of business licenses (Collection 7 & 66), grasp assessments, keep persevering with schooling necessities and meet minimal efficiency requirements

Supply potential shoppers, capitalize on referrals and assess buyer wants

Ship extremely custom-made options and thru collaboration ship the complete assets of Bank of America Merrill Lynch

This place could also be topic to SAFE Act registration necessities. Pursuant to the SAFE Act necessities, all staff engaged in residential mortgage mortgage originations should register with the federal registry system and stay in good standing. In case your place requires SAFE Act registration, you may be required to register and to undergo the required SAFE Act background verify and registration course of. Failure to acquire and/or keep SAFE Act registration might end in your fast termination. Authorized authorization to work within the US now and sooner or later with out sponsorship is required. Qualifications:

Confirmed capacity to affect, develop and encourage others

Confirmed potential to assume strategically

Robust assembly facilitation expertise

Confirmed capability to evaluate wants of shoppers and advocate applicable options/interventions

Confirmed capacity to work collaboratively on a group and with key companions

Confirmed means to pay attention and probe for readability and understanding

Capability to supply shoppers via prospecting and networking

Capacity to work in an setting the place the bulk of your compensation is tied to your efficiency

Aim and outcomes oriented

Efficient communication expertise (written and verbal)

Robust comply with-via expertise Pc/technical literacy and proficiency in Microsoft Phrase, PowerPoint, Excel

NOTE: Along with Enterprise Administration, this place could also be thought-about for each the Planning and Funding and Financing roles

Very best candidate could have:
At minimal a Bachelors Diploma

Masters of Enterprise Administration Diploma and/or equal enterprise expertise

Expertise working in enterprise management / management position

Proficiency in utilizing SalesForce / Shopper Relationship Supervisor Software

Finances management expertise

Robust understanding of the Financial Advisor position

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