Elite Growth Practice (EGP) Private Wealth Relationship Manager Trainee

Job Description

Elite Growth Practice (EGP) Private Wealth Relationship Manager Trainee | Merrill Wealth Management

The Tone:
This is an early career, office-based position at Merrill Wealth Management. Merrill provides comprehensive wealth management and investment services, guiding clients through significant life goals. This role is designed to develop and prepare candidates to enhance and service client relationships for Financial Advisor teams by implementing the Elite Growth Practice model, building trust through transparent advisory.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: On-site

• Team: Supports the Financial Advisor team, operating as an FA Paid Resource.
• Mission: To develop and prepare candidates to further enhance and service the Financial Advisor (FA) Teams’ client base by implementing and executing the Elite Growth Practice model.
• Tech Stack: Salesforce, Wealth Management Workstation

What You’ll Actually Do
• Client Development: Develop and service client segments, including next generations and beneficiaries.
• Relationship Deepening: Gather additional assets from existing clients and deepen relationships by partnering across Merrill to deliver full breadth solutions.
• Technical Support: Coordinate technological support for portfolio analysis, proposals, and direct mail campaigns using tools like Salesforce and Wealth Management Workstation.
• Client Engagement: Assist with and attend client meetings and discussions on investment strategy, account performance, new products, and market developments to promote growth and acquisition.
• Service and Operations: Provide quality client service and effective operations support, resolving complex issues, analyzing data for risk, documenting interactions, and tracking activities in Salesforce.

The Must-Haves
• Background: Early career professional with a minimum High School Diploma or equivalent, seeking to enter wealth management.
• Experience: No current security licenses or designations are required to start, but candidates must obtain Series 7, 63/65 or 66, all necessary state registrations held by supported Financial Advisor teams, and at least one firm-approved designation within a specified timeframe. SAFE Act Registration and ADV-2B are also required.
• Skills: Strong communication skills, detailed organizational skills, client management, relationship building, and risk management.