BMO Financial Group Financial Advisor-BMO Investment Services in Brookfield, Wisconsin
235 N Executive Drive
Job Family Group:
Wealth Sales & Service
This role is accountable to invoke trust and build strong client relationships, determine individual investment needs and provide professional, customized advice to ensure client’s financial goals are met. This role is responsible for providing a superior client onboarding experience, actively reviewing client portfolios and preparing and presenting appropriate investment solutions by leveraging various tools provided by the bank. Being the first point of client contact, the Financial Advisor’s core mandate is to provide investment recommendations based of client suitability, time frame and goals. The Financial Advisor has the ultimate goal of building and solidifying customer loyalty while deepening client relationships across BMO Investment Services.
Understanding financial markets and recognize when to provide clients advice and become Investment product subject matter expert on BMO Investment Services products.(15 product categories)
Marked Linked CDs
Unit Investment Trust
Fee Based Account annual reviews
Responsible for the continued growth of the portfolio
Meet monthly sales goal
Outside Asset Gatherings
(i.e., prospecting from existing and net new clients)
Advice on Maturities
Uncovering un-invested opportunities
Manage direct client relationships and maintaining a group of clients with total assets of $100MM across BMO Investment Services.
Adhering to internal and FINRA (Financial Industry Regulatory Authority) Audit requirements
The Advisor is to act as the gatekeeper and is responsible for various approvals in order to satisfy industry regulators.
Developing Financial Plans
Protecting client Personal Information
AML (Anti Money Laundering)
- Implementing further AML requirements on house and assigned accounts
Determine need for the trade
Adhere to (DOL) Department of Labor conflict of interest rules (BIC)Best Interest Contract for every recommendation
Be current and adapting the constantly changing regulatory environment
Be familiar with NETX360 system changes on a quarterly basis
Referral training for CCC (Client Contact Center) employees and branch bankers will be provided.
Accountabilities / Decision Making / Scope & Impact
Decision Making -- Provide investment recommendations based off client suitability, time frame, and goals
Understanding and ability to explain Cost Basis, Tax documents, IRA (Individual Retirement Account) RMD (Required Minimum Distribution) withdrawals and early withdrawal penalties
Attest to client accounts and all regulatory sign offs
Influence – Authority to impact Investment Advice in accordance with the BHFA offer and applicable securities regulations
This role has direct impact on the achievement of key business unit objectives
University Degree with 3-5 years of financial industry experience
Series 7 and 66 or (63 and 65) and able to obtain insurance licenses
U4 clear background check requirements
Continuing Education - FINRA and BMO administered
We’re here to help
At BMO Harris Bank we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO Harris Bank team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.
To find out more visit us at https://jobs.bmoharris.com.
BMO Harris Bank is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. BMO Harris Bank N.A. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
BMO Financial Group Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $728 billion as of October 31, 2018, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.We serve Canadian clients through BMO Bank of Montreal®, our personal and commercial banking business, BMO Nesbitt Burns®*, one of Canada's leading wealth management firms, and BMO Capital Markets™, our North American investment and corporate banking division.In the United States, clients are served through BMO Harris Bank, a major U.S. Midwest personal and commercial bank, and BMO Private Bank, with wealth management offices across the United States, as well as BMO Capital Markets™, our North American investment and corporate banking division.We help our customers make money make sense by delivering the broadest range of financial services through a single point of contact. Our financial service professionals provide access to any services our customers require across the entire enterprise.