Wealth Management Specialist

About the Role

Merrill Wealth Management is seeking an EGP Trainee for their Elite Growth Practice, a training program designed to prepare candidates for the full EGP Specialist role. This position involves developing and servicing client bases, gathering assets, deepening client relationships, and providing marketing and organizational support.

Key Responsibilities

• Develop and service client segments, including next generations and their beneficiaries.
• Gather additional assets from existing clients and deepen relationships by partnering with Merrill partners to deliver comprehensive solutions.
• Coordinate technological support through portfolio analysis, proposals, and direct mail campaigns utilizing Salesforce and other tools.
• Provide technical expertise in specific product areas such as Corporate 401(k), Rule 144, Insurance, and Wealth Management Workstation.
• Provide marketing and organizational support.
• Ensure risk profiles, goals, objectives, and asset allocations are aligned and applied to each individual client.
• Deliver the full range of investment products and services to clients.
• Leverage financial product specialists as appropriate to meet client goals.
• Prepare and present client performance review reports.

Requirements & Tech Stack

• This position is subject to SAFE Act registration requirements. Registration and a background check are required.
• This position may be responsible for the provision of residential mortgage loans, and as such, is subject to SAFE Act registration requirements.
• Role is designed to allow employees to study and obtain all required registrations.

Qualifications

• Currently holds or is pursuing 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.
• SAFE Act Registration; ADV-2B Required.
• Must obtain and/or maintain at least one firm-approved designation.
• Possess and demonstrate strong communication skills.
• Thorough knowledge and understanding of the suite of Wealth Management products and services.
• Strong analytical and portfolio management skills with the ability to identify trends and implement investment strategies to increase growth and mitigate risk.
• Ability to make sound decisions by having a deep understanding of investment management best practices and policies/procedures.
• Ability to identify client needs and concerns and articulate appropriate approach to align solutions to goals in a suitable and controlled way.
• Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent.

Skills

• Causation Analysis
• Financial Management
• Investment Management
• Trading Strategy
• Trading and Investment Analysis
• Portfolio Analysis
• Portfolio Management
• Price Verification and Valuation
• Trade Monitoring
• Trading
• Client Investments Management
• Client Solutions Advisory
• Financial Analysis
• Financial Forecasting and Modeling
• Wealth Planning

Additional Details

• Shift: 1st shift (United States of America)
• Hours Per Week: 37.5
• The Elite Growth Practice (EGP) Private Wealth Investment Management Specialist position may be filled at a Trainee, Specialist or Senior level depending on experience.
• The Trainee is a non-exempt position for a hire lacking required security licenses and/or designation.
• 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.
• For internal employees; participation in a work from home posture does not make you ineligible to post, however, may require to meet the workplace excellence policy.