Financial Advisor Trainee

Job Description

AMP Financial Advisor Trainee | Raymond James

The Tone:
This is a full-time trainee program with Raymond James, offering comprehensive education through distance learning, apprenticeship, and in-person training at the firm’s international headquarters. While the program incorporates distance learning, the workstyle is resident, indicating an expectation for on-site presence or a dedicated workspace. Raymond James is a financial services firm dedicated to developing the next generation of financial advisors through its Advisor Mastery Program (AMP). This role is crucial for individuals looking to build an individual financial practice, providing clients with sound financial advice and counsel.

The TL;DR
• Role: Trainee
• Type: Full-time
• Location: Resident (Involves training at headquarters and distance learning)

• Team: Works in conjunction with a Mentor, Branch Manager, and/or a team of Financial Advisors.
• Mission: Learn to build an individual practice and provide clients with sound financial advice and counsel consistent with their objectives, time horizon, and risk tolerance.
• Tech Stack: Client relationship manager system, software applications to produce financial plans, correspondence, reports, electronic communication, spreadsheets, and databases.

What You’ll Actually Do
• Training & Skill Development: Become trained and skilled to effectively and efficiently perform the Financial Advisor role.
• Business Development: Meet production targets and develop a book of business consistent with program goals for assets under management and required production.
• Client Relationship Management: Manage the full scope of client relationships by evaluating financial needs, investment opportunities, and providing a high level of client service.
• Prospecting & Sales: Develop client pipeline by prospecting, networking, engaging in community initiatives, and recommending suitable investment products and services.
• Program Completion & Compliance: Complete required program training, obtain mandatory industry licenses within prescribed timeframes, and stay abreast of investment products and industry regulations.

The Must-Haves
• Background: A minimum of three (3) years of relevant working experience, demonstrating achievement in sales (preferably intangible) or a business environment, or an equivalent combination of experience, education, and/or training. Candidates should have knowledge of economic and accounting principles, financial markets, banking, financial data analysis and reporting, and basic principles for showing, promoting, and selling products or services.
• Experience: Minimum three (3) years of relevant working experience, demonstrating achievement in sales (preferably intangible) or a business environment.
• Skills: Operating client relationship manager systems and other software to produce financial plans and reports; identifying customer needs through effective questioning and listening; organizing and managing multiple detailed tasks with frequently changing priorities; continuously learning investment products, industry rules, and financial planning; communicating effectively orally and in writing; establishing and maintaining effective working relationships with clients and colleagues; persevering, handling rejection, and demonstrating resilience during prospecting and networking; networking in the community and effectively marketing oneself and Raymond James.
• Licenses/Certifications: SIE, Series 7, Series 66, and Life, Health and Variable Annuity licenses, all to be obtained within prescribed timeframes (4-6 months from program start).
• Bonus: Bachelor’s Degree (B.A.) from a four-year college or university.