Bank Of America for Financial Advisor Trainee in Beverly Hills, CA

Author - February 25, 2011

The Practice Management Development (PMD) role is a training program to develop and prepare future Financial Advisors for a successful new career. The primary focus of the PMD role is to build and enhance client relationships under close supervision of coaches and managers. These client relationships are the base for your book of business. Financial AdvisorAmeriprise Financial for Financial Advisor at Regional Sales in Minneapolis, MN. Read more ... » Trainees learn to assess client needs, meet with existing and prospective clients, review investment goals and prepare recommendations for products such as stocks, bonds, options, mutual funds and annuities.

The Financial Advisor TraineeAmeriprise Financial: New Financial Advisor - Plano, TX. Read more ... » 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 requirements

The Financial Advisor TraineeWells Fargo: WFA Solutions Trainee - St. Louis, MO. Read more ... » receives:

Ideal candidates:

The PMD 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:


  • Must possess 3 or more years of sales experience with a proven record of exceeding goals
  • Outbound sales experiences required
  • Possess excellent communication skills, both written and verbal
  • Proven relationship building and business partnering skills
  • Passion to grow your current financial knowledge to share with others
  • Candidate must be self-motivated and proactive
  • Bachelor’s degree or higher strongly preferred

Industry Experience:

  • Active Series 6 or Series 7 license preferred
  • 6 months in a Series 6 or 7 sales role preferred
  • Proven successful financial product sales experience preferred
  • Strong financial acumen required
  • Track record of success
  • Clean U-4 and U-5 history, if licensed

Professional designations/licenses:

  • Candidates may apply without Series 7, 66 and insurance licenses, but must achieve all required licenses within 13 weeks of accepting this position.

To apply :