BofA is Looking for a Few Hundred Financial Professionals With Financial Planning Experience
If you have at least three years of experience working with clients, as well as experience in financial planning, Bank of America is looking for you.
As we reported yesterday, BofA is building up the unit, known as Merrill Edge, which services its mass affluent clients, those with between $50,000 and $250,000 in investable assets, by hiring over a thousand Financial Solutions Advisors, or FSAs.
David Giancola is BofA's Merrill Edge Southeast regional sales manager. He told eFinancialCareers that the next regions they're looking to expand in include Texas, Florida and the Pacific Northwest.
The kind of candidates they're looking for
According to Giancola, the kind of candidates they're looking for are people who have already worked with clients, are familiar with financial planning services, have their licenses and have a minimum of three to four years experience.
He adds that an exceptional candidate would be knowledgeable about the markets, personable, professional, understands and fits into the BofA culture and knows the BofA clientele very well.
Giancola says the interview process has three to four steps: they look at the resume and make sure the candidate is qualified, then they do a preliminary screening call, a phone interview and then a face to face interview with a regional sales manager.
Bank of America says it plans to have 500 FSAs in banking centers and 600 FSAs at call centers by the end of 2011, and they plan to hire even more in 2012.