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Raymond James

Financial Advisor Trainee

Raymond James, Danville, Illinois, United States, 61832

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Job Summary Through distance learning, apprenticeship and training at the firm’s international headquarters, the Advisor Mastery Program (AMP) offers a comprehensive education for the next generation of Raymond James Financial Advisors. The program takes a holistic approach by incorporating training for technical and sales skills to fully position new Advisors for success. In conjunction with a Mentor, Branch Manager, and/or a team of Financial Advisors, the Financial Advisor Trainee will learn to build an individual practice. The Trainee will balance new client development, sales activities, investment management, customer service and compliance with personal and professional growth and development. The Trainee will also provide clients with sound financial advice and counsel consistent with the client’s objectives, time horizon, and risk tolerance. In addition, the requirements of the AMP Program are designed to support long-term development, whether a candidate plans to be a stand-alone Advisor or join an existing team.

Responsibilities

Become trained and skilled to effectively and efficiently perform the Financial Advisor role.

If hired as a team candidate, the team will provide the specific goals and expectations.

Meet production targets that impact overall company revenue goals.

Develop a book of business consistent with AMP program goals for assets under management and required production.

Provide a high level of client service.

Manage the full scope of a client relationship by evaluating the client’s financial needs, investment opportunities, current holdings and available investment capital.

Help clients identify their investment objectives by effectively communicating portfolio losses when necessary, while preserving client loyalty.

Develop client pipeline by prospecting, networking, engaging in community initiatives, centers of influence and developing niches.

Recommend investment products, solutions, and services that are suitable for prospects and clients based on predetermined client needs, time horizons, risk profile, and preferences.

Seek internal resources to identify investment opportunities and solutions for clients.

Open, transfer, and close customer accounts.

Maintain appropriate account records while monitoring the customer's portfolio.

Make recommendations aligned with changes in economic and financial conditions and the client’s needs and objectives, including newly offered investments.

Obtain and verify customer purchase and sale instructions, enter orders, and follow up on transaction completion.

Complete required program training and assignments, obtain mandatory industry licenses within prescribed timeframes, complete assessments and meet minimum performance and production standards.

Stay abreast of investment products, industry rules and regulations, and financial planning.

Perform other duties and responsibilities as assigned.

Knowledge

Economic and accounting principles and practices.

Financial markets, banking, and financial data analysis and reporting.

Basic principles and methods for showing, promoting, and selling products or services.

Firm’s working structure, policies, mission, strategies, and compliance guidelines.

Skills

Operating client relationship manager system and other required software applications to produce financial plans, correspondence, reports, electronic communication, spreadsheets, and databases.

Identifying the needs of customers through effective questioning and listening techniques.

Abilities

Organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment to run an optimal practice.

Continuously learn investment products, industry rules and regulations, and financial planning.

Use appropriate interpersonal styles and communicate effectively, both orally and in writing, with all organizational levels.

Keep all appropriate parties up-to-date on decisions, changes, and other relevant information, and articulate reasons behind decisions.

Establish and maintain effective working relationships with clients and colleagues.

Persevere, handle rejection and show resilience during the prospecting and networking process.

Network in the community and effectively market themselves and Raymond James.

Demonstrate persistence in the face of obstacles.

Accept criticism and deal calmly and effectively in high-stress situations.

Education/Experience

Bachelor’s Degree (B.A.) from a four-year college or university preferred with a minimum of three (3) years of relevant working experience, demonstrating achievement in sales (preferably intangible) or business environment, or an equivalent combination of experience, education, and/or training as approved by Human Resources.

Licenses/Certifications

SIE required, provided that an exemption or grandfathering cannot be applied.

Series 7 and Series 66 or the ability to obtain them within four (4) months from the start of the program.

Life, Health and Variable Annuity or the ability to obtain within six (6) months from the start of the program.

Education

Bachelor’s: Accounting, Business Administration, Finance

HS (Required)

Work Experience

General Experience - 7 to 12 months

Certifications

Securities Industry Essentials Exam (SIE) - FINRA

Salary Range

$31,200.00-$90,000.00

Travel

Less than 25%

Workstyle

Resident

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm\'s core values of client-first, integrity, independence and a conservative, long-term view.

We Expect Our Associates At All Levels To

Grow professionally and inspire others to do the same

Work with and through others to achieve desired outcomes

Make prompt, pragmatic choices and act with the client in mind

Take ownership and hold themselves and others accountable for delivering results that matter

Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Seniority level

Internship

Employment type

Full-time

Job function

Finance and Sales

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