Wealth Management Specialist

Job Description:

Job Description: This EGP Trainee is a training program to develop and prepare candidates to further develop and service the FA Teams client base. The Trainee role allows EGP Specialist to become fully license and require the appropriate designations before taking on the full EGP Specialist role. This position operates in a marketing and sales development role by implementing and executing the Elite Growth Practice. Specific accountabilities for the role may vary depending on the teams practice. Performance is measured by the FA or FA team through specific goals, metrics, and behaviors related to the execution of the EGP model. Core Responsibilities: Develop and service client segments and the next generation and their next generations and beneficiaries. Gather additional assets from existing client base and deepen relationships by partnering with all Merrill partners to deliver a full breadth solutions. Coordinate technological support through the development of portfolio analysis, proposals and direct mail campaigns utilizing Salesforce and other tools and resources. Provide technical expertise in certain product areas (e.g. Corporate 401(k), Rule 144, Insurance, Wealth Management Workstation) Provide marketing and organizational support. 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 disciplinary action up to and including termination. Role is designed to allow employees to study and obtain all required registrations. This role is an FA Paid Resource.

The Elite Growth Practice (EGP) Senior Wealth Planner position may be filled at a Trainee, Specialist or Senior level depending on experience of the candidate and needs of the Financial Advisor Team.  The Trainee is a non-exempt position for a hire lacking required security licenses and/or designation.  This position allows the individual to become fully licensed and achieve the appropriate designations required for the position.  If Series 7 and 66 (or 63 & 65) licenses and approved designation are not currently held, must be obtained within a specified timeframe to be eligible for Specialist position.

This Elite Growth Practice (EGP) Senior Wealth Planner This job is responsible for working with Financial Advisor (FA) teams to provide comprehensive financial planning solutions. Key responsibilities include identifying strategic investment opportunities, driving financial planning by gathering and analyzing data to create robust financial plans, fostering internal relationships, and supporting FAs with business development activities. Job expectations include having a comprehensive understanding of the suite of solutions, platforms, and initiatives across the bank.

Responsibilities:

• Leverages extensive financial data to identify possible solutions to meet client needs and goals

• Schedules, prepares, and attends client meetings to review plans, capture changes, and discuss next steps

• Coaches and trains Wealth Planners to monitor, update, and maintain client information in a related planning tool and plan on a consistent basis

• Engages with specialists and partners to address client needs and deliver solutions

• Participates in business development activities with Financial Advisors to expand the bank's client base to maintain growth and profitability

• Partners with Line of Business specialists and specialists across the enterprise to expand wealth planning strategy opportunities, while leveraging knowledge of Estate and Gift Taxes, Philanthropy, Trust Structures, Insurance, Income Tax Planning, and Investment Management strategies

Skills:

• Business Development

• Client Investments Management

• Portfolio Analysis

• Portfolio Management

• Wealth Planning

• Causation Analysis

• Client Management

• Data Visualization

• Risk Modeling

• Trading and Investment Analysis

• Investment Management

• Referral Identification

Required Qualifications:

• Series 7, 63/65 or 66 or equivalent; must obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support. If Series 7, 63/65 or 66 or equivalent are not currently held, must be obtained within a specified timeframe to be eligible for Specialist position.

• SAFE ACT Registration; ADV-2B Required

• CFP® or CPWA® designation and maintain at least one firm approved designation

• Possess and demonstrate strong communication skills

• Understanding of how to deliver a strong overall client experience

• Advanced knowledge and understanding of the suite of Wealth Management products and services, as well as synergies across the enterprise

• Ability to lead through collaboration and influence without direct authority to partner effectively across the Wealth Management space / enterprise

• Proven ability to build and deepen client relationships to engage in robust planning conversations

• Ability to make sound decisions by having a deep understanding of financial planning best practices and policies/procedures

• Ability to identify client needs and concerns and articulate complex investment concepts to align solutions to goals in a suitable and controlled way

• Minimum of five years of experience performing specialist level responsibilities or equivalent industry experience​

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week: 

37.5