Financial Advisor Merrill Lynch
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Merrill, previously branded Merrill Lynch, is an American investing and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities. The firm is headquartered in New York City, and once occupied the entire 34 stories of 250 Vesey Street, part of the Brookfield Place complex in Manhattan. Merrill employs over 14,000 financial advisors and manages $2.3 trillion in client assets. The company also operates Merrill Edge, an electronic trading platform.
A financial advisor provides advice and guidance on a client’s financial situation in a variety of areas. A Merrill financial advisor goes beyond portfolios and investment strategies. You’ll consider the client’s life, goals, and financial picture, and then guide the client with advice and …
The typical Merrill Lynch Financial Advisor salary is $65,356. Financial Advisor salaries at Merrill Lynch can range from $29,228 – $257,982. This estimate is based upon 250 Merrill Lynch Financial Advisor salary report (s) provided by employees or estimated based upon statistical methods.
Merrill Lynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals and businesses. We specialize in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance.
How many advisors does Merrill Lynch have?
Merrill Lynch is the wealth management division of Bank of America. With over 17,000 financial advisors and $2.2 trillion in client assets, Merrill Lynch is among the largest full-service brokerage companies in the U.S. Visit Merrill Edge review for a self-directed brokerage account review.
What can Merrill Lynch’s wealth management do for You?
Employing the broad resources of Merrill Lynch Wealth Management, advisors can assist with retirement income planning, guidance on concentrated stock positions, traditional investments, and estate planning services, while working with your other professionals, such as estate and tax attorneys.
What are the pros and cons of Merrill Lynch?
Merrill Lynch Wealth Management customer reviews, complaints, ratings, account pros, and cons. Is Merrill Lynch a good and safe investment firm? If you are looking for a professional money management service in your area, you can search for a Financial Advisor on this website.
What is a Merrill financial advisor?
Few things affect people’s lives as much as their finances. A financial advisor provides advice and guidance on a client’s financial situation in a variety of areas. A Merrill financial advisor goes beyond portfolios and investment strategies.
Merrill Lynch Wealth Management has been training financial advisors since 1946, offering advisors the critical skills and knowledge they need to assist individuals in pursuing their unique financial goals. Learn more about careers at Merrill Lynch Wealth Management.
As Merrill Lynch Wealth Management Advisors, we will sort through the financial complexities of your life, helping you build a customized investment approach to address your needs and pursue your goals.
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED offers financial planning services, other services, portfolio management for individuals and/or small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses, pension consulting services, selection of other advisers and also performs business activities as broker-dealer, futures commission merchant.
Merrill Lynch is the wealth management division of Bank of America. With over 17,000 financial advisors and $2.2 trillion in client assets, Merrill Lynch is among the largest full-service brokerage companies in the U.S. Visit Merrill Edge review for a self-directed brokerage account review.
Merrill Lynch Financial Advisor Development Program
The Financial Advisor Development Program (FADP) is an industry-recognized training program for professionals who wish to build a wealth management business. The program sets you up for success by providing hands-on practice, support, and personalized coaching from dedicated performance managers, enabling you to come up to speed quickly as a successful Financial Advisor. New advisor mentoring has been our strength since 1946. Throughout the program, you’ll receive best-in-class training from our award-winning Academy, including dedicated support during the different stages of your training, helping you develop the critical skills and knowledge necessary for establishing a robust wealth management business—acquiring clients, developing relationships, providing tailored strategies and more.
Job Description:
This position is subject to SAFE Act registration requirements. According 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 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.
We’ll help you
- Get training and one-on-one coaching from FADP Performance Managers who are invested in your success
- Earn your Securities Industry Essentials (SIE), Series 7, and Series 66 licenses through dedicated support and study time
- Provide end-to-end comprehensive advice, deliver client reviews/presentations with confidence, and recommend strategies to help clients achieve their financial goals and life priorities
- Become knowledgeable about core banking and investment solutions with access to firm and banking partners to meet client needs
- Learn how to confidently connect with qualified prospects and engage with them to understand their financial goals
- Build connections by tapping into a range of specialists, from banking and lending to insurance and retirement
- Continuously learn and grow, with ongoing career development support and mentorship
- Achieve additional professional designations after completing FADP
As a Merrill Financial Advisor, you can look forward to
- Developing and growing your book of business by effectively sourcing prospective clients
- Helping clients pursue and meet their financial goals by recommending suitable investment products and services
- Utilizing market viewpoints, investment strategies, and model portfolios from our Chief Investment Office to efficiently scale your investment strategy while leveraging our advanced financial software to manage clients’ goals-based financial strategies
- Receiving ongoing professional development to deepen your skills and optimize your practice as the industry evolves
- Unlimited potential for financial growth starting with a base salary with bonus potential while in FADP
We’re a culture that
- Believes diversity makes us stronger, so we can reflect, connect to and meet the diverse needs of our clients
- Provides access to a wide range of benefit programs and resources that support you and your family
- Is committed to responsible growth and supporting the communities we live in and serve
- Provides continuous training and development opportunities to help our employees achieve their career goals, whatever their background or experience
- Is invested in advancing our tools, technology, and ways of working to meet our clients’ evolving needs
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