Bank of America is hiring financial advisors, including mortgage specialists, as it expands its network of high tech "specialty stores" for customers with $50,000 to $250,000 in "investable assets."
A spokesperson for B of A told this publication the number of mortgage specialists involved in the expansion was not immediately available. The spokesperson said the broader goal is to hire an additional 500 Merrill Edge financial solutions advisors in banking centers nationwide and operate about 600 call centers with 24/7 access by yearend.
B of A has hired 40 Merrill Edge Financial Solutions Advisors in the Mid-Atlantic region, including Washington, D.C., Baltimore and Philadelphia. The advisors offer specialized banking and investment guidance and services on-site or on video.
