PORTFOLIO TRADING STRATEGIST
St. Louis, MO
The Portfolio Trading Strategist works on the Portfolio Onboarding and Trading Team. The Portfolio Trading Strategist’s primary responsibility is to manage all portfolio/investment related activities for their respective wealth management teams. They are responsible for implementing the investment strategy, managing appropriate cash balances, and identifying opportunities for rebalancing, portfolio improvement, and tax loss harvesting. A successful Portfolio Trading Strategist will conduct all daily, weekly, and monthly portfolio reviews.
Primary Responsibilities
- Deep understanding of our investment philosophy and the investments we use.
- Responsible for setting up clients in rebalancing software and updating targets when a client’s allocation changes.
- Run rebalancing software to identify client portfolios that are out of balance and to determine what action, if any, should be taken.
- Cash Flow Planning and Cash Management.
- Identify opportunities to harvest losses as well as opportunities to switch to a more tax-efficient (or more preferred) investment vehicle.
- Develops recommendations for client accounts for which we do not maintain discretion.
- Provide superior, friendly and knowledgeable service by telephone and e-mail with financial advisors
- Effectively prioritize work to meet trade deadlines and service level agreements
- Other duties will be assigned as needed
Basic Qualifications
- 2+ years of experience in financial services
- Bachelor's degree
- Experience working with RIAs and Independent Financial Advisors a plus.
- Equity and mutual fund trading experience and familiarity with Pershing, Charles Schwab Institutional, Fidelity Institutional, or TD Ameritrade Institutional a plus.
- Strong proficiency in Microsoft Applications
- Orion Software, Envestnet Software or Custodian website experience preferred
About Focus Partners Wealth
Focus Partners Wealth is an organization of wealth, asset, and business management resources that brings strength, innovation, and partnership to client relationships. Through a comprehensive range of services, we work with clients at every stage, helping them control their financial future — whether that’s planning for retirement, preparing the next generation, or growing their business. We are dedicated to fostering meaningful growth for our clients. Our team of advisors works collectively to deliver personalized wealth planning strategies across local communities, placing our clients’ values, goals, motivations, and priorities at the heart of everything we do.
Focus Partners Wealth is a registered investment advisor with the Securities and Exchange Commission. Registration does not imply any level of skill or training. Additional information about Focus Partners Wealth is also available on the SEC's website at www.advisorinfo.sec.gov.
This is an exempt role. The annualized base pay range for this role is expected to be between $70,000 - $75,000. Actual base pay could vary based on factors including but not limited to experience, subject matter expertise, geographic location where work will be performed and the applicant's skill set. The base pay is just one component of the total compensation package for employees.
