Private Client Advisor II

Min 12 yrs required

Full-time

No

Salary: $150,000-$200,000 per year


Private Client Advisor II - New Client Acquisition and Relationship Management

Department: Private Banking
Location: Sarasota, Florida

Job Summary:
The Private Client Advisor II at Bank of America is responsible for driving new client acquisition and deepening client relationships. This role requires a high level of business development skills to identify and pursue new opportunities while also fostering strong relationships with existing clients. The Private Client Advisor will lead the client management process (CMP) and work closely with internal and external partners to provide a branded client experience (BCE) and access to the full range of Private Bank and Bank of America capabilities and services.

Responsibilities:
• Drive new business development for target client segment with investable assets of $3MM+
• Use a holistic approach to present the entire Private Bank platform to clients
• Develop a deep understanding of clients' needs, preferences, and wealth strategy
• Act as a trusted advisor, providing integrated recommendations for wealth structuring, credit facilities, banking, and asset management
• Encourage the use of digital capabilities to enhance the client and client team experience
• Build relationships with internal and external partners and centers of influence
• Lead the client team to deliver meaningful interactions and a branded client experience

Requirements:
• Minimum of 12 years experience in private banking or complex financial services OR equivalent of a bachelor's degree
• Proven track record of driving new business development
• Strong interpersonal skills and ability to build strong relationships with clients
• Ability to identify and act upon opportunities for client engagement
• Strong influencing skills and ability to close business
• Solutions-oriented with strong sales and financial aptitude
• Skilled negotiator
• Ability to work collaboratively with other team members and identify the need for team specialists
• Series 7, 63, and 65 (or Series 7 and 66) required (unlicensed candidates may be considered if willing to obtain licenses within 90 days of start date)

Desired Qualifications:
• MBA or post-graduate degree preferred
• CFP, CPA, CFA, CTFA, CFM, or JD a plus

Skills Used in this Role:
• Business development
• Prospecting and qualification
• Oral communication
• Investment products and solutions
• Client team management
• Influencing
• Consulting
• Problem-solving
• Advisory sales
• Pipeline management
• Active listening
• Collaboration
• Transitioning client conversations

Shift:
1st shift (United States of America)

Hours Per Week:
40

Travel:
This role may require up to 20% travel.

Salary:
The salary range for this position is $150,000-$200,000 per year.

At Bank of America, we are committed to Responsible Growth and creating a diverse and inclusive workplace for all of our employees. We offer a range of competitive benefits to support the physical, emotional, and financial well-being of our teammates and their families.

Join us at Bank of America and make a difference in the lives of our clients while growing your career and making an impact. Apply today!

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