Bank of America Merrill Lynch Team Financial Advisor Program (Planning) - Minneapolis, MN & Surrounding Areas in Minneapolis, Minnesota

Merrill Lynch Team Financial Advisor Program (Planning) - Minneapolis, MN & Surrounding Areas


Merrill Lynch Wealth Management is a leading provider ofcomprehensive wealth management and investment products and services forindividuals and businesses. With 10,869 Financial Advisors and $1.9 trillion inclient balances as of December 31, 2015, Merrill Lynch is among the largestbusinesses of its kind in the world.

Merrill Lynch Wealth Management specializes ingoals-based wealth management, including planning for retirement, education,legacy, and other life goals through investment advice and guidance. MerrillLynch’s financial advisors help clients pursue the life they envision through aone-on-one relationship with a financial advisor committed to their needs — anadvisor with access to the investment insights of Merrill Lynch and the bankingconvenience of Bank of America.

Merrill Lynch WealthManagement is part of Bank of America Corporation.

The Team Financial Advisor (TFA) role is a specificfunctional role aligned to a Financial Advisor (FA) team for the purpose ofconcentrating on a targeted aspect of the Team’s business. The primary focus ofthe TFA Planner role is to deliver a full range of goals-based planning &financial solutions to their FA Team’s clients. The TFA Planner will own and manage theplanning components of the team’s client service model.


  • Understand all aspects of an optimal practice and complete the training and development needed to prepare for a successful career as a Financial Advisor

  • Build and maintain a clear process for adding to and updating client profile information in Salesforce after regular client reviews

  • Consistently make adjustments to analytics, portfolio, balance sheet, net worth statement and recommendations based on new or relevant information

  • Deliver a full range of goals-based financial planning / wealth strategies including assessment of client needs

  • Maintain a robust knowledge of the firm’s latest planning tools, techniques and strategies

  • Maintain a full understanding of ML online capabilities

  • Possess a working knowledge of financial planning wealth management tools

  • Possess niche-related knowledge and remain current on industry rules and relevant regulations including future standards that may be mandated

  • Use relevant knowledge and content to educate other Financial Advisors on strategies

  • Manage the team’s client profiling process by leveraging all Firm resources

  • Deliver holistic goals-based financial solutions to clients

  • Prepare and present detailed customized client reports including metrics on progress to goals, especially during client reviews

  • Fulfill continuing education requirements to maintain designation(s)

  • Establish and maintain relationships with the management team and inform them of circumstances that require supervisory attention/review/approval per compliance guidelines and policies

  • Complete required training, obtain industry licenses (Series 7 & 66), master assessments, maintain continuing education requirements and meets minimum performance standards

  • Source prospective clients and capitalize on referrals

  • Deliver customized solutions and through collaboration deliver the full resources of Bank of America Merrill Lynch

Thisposition may be subject to SAFE Act registration requirements. Pursuant to theSAFE Act requirements, all employees engaged in residential loan mortgageoriginations must register with the federal registry system and remain in goodstanding. If your position requires SAFE Act registration, you will be requiredto register and to submit to the required SAFE Act background check and registrationprocess. Failure to obtain and/or maintain SAFE Act registration may result inyour immediate termination. Legal authorization to work in the US now and inthe future without sponsorship is required.



  • Strong analytical skills

  • Proven ability to identify clients optimalrisk profiles, goals, objectives and appropriate asset allocation

  • Proven ability to assess needs of clients andrecommend appropriate solutions/interventions

  • Proven ability to work collaboratively on ateam and with key partners

  • Proven ability to listen and probe forclarity and understanding

  • Ability to source clients through prospectingand networking

  • Ability to work in an environment where themajority of your compensation is tied to your performance

  • Goal and results oriented

  • Highly effective communication skills(written and verbal)

  • Proven ability to engage with and influenceothers

  • Solid follow-through skills

  • Strong computer/technical literacy andproficiency in Microsoft Word, PowerPoint, Excel

NOTE: In addition to Planning, this position may beconsidered for both the Business Management and Investment and Financing roles

Idealcandidate will have:

  • At minimum a Bachelors Degree

  • Credentialed with planning designations (s) –CFP or CHFC – The TFA curriculum assists candidates prepare for and earn theCFP designation

  • Experience working with clients onplanning-related needs

  • Proficiency in using SalesForce / ClientRelationship Manager Tool

  • Strong understanding of the Financial Advisorrole

Job: BK-Financial Advisors

Primary Location: US-MN-Minneapolis

Work Locations: MN9225 225 S 6TH ST Minneapolis 55402

Organization: 1468378-US WEALTH MANAGEMENT

Travel: No

Job Posting Date: Nov 29, 2016

Unposting Date: Ongoing

Full/Part-time: Fulltime

Hours Per Week: 37.50

Shift: 1st Shift

Req ID: 16058115