Portfolio / Equity Trader - Producer Assistant

Equitable • Miami, FL

3d • $75,000 - $110,000 • Onsite

About The Position

Equitable Advisors’ Private Client Group is seeking a Wealth Management Portfolio Trader to support its portfolio management team and provide high-quality service to clients. The role involves executing equity trades according to portfolio management instructions, rebalancing portfolios through block trading, managing portfolio drift and cash, handling account funding and client distributions, researching complex proposals, tax-loss harvesting, and allocating assets according to risk tolerance.

This is a full-time, in-office position, Monday through Friday, during core hours of 8:30 AM–5:15 PM EST. The base salary range is $75,000–$110,000, with potential additional performance compensation such as salary increases, spot bonuses, and short-term incentives, subject to eligibility. Eligible employees receive benefits including medical, dental, vision, a 401(k) plan, and paid time off.

Requirements

• Knowledge or experience in cash management.
• Knowledge or experience managing cash inflows and funding accounts.
• Knowledge or experience raising cash for client distributions.
• Knowledge or experience with tax-loss harvesting.
• Knowledge or experience managing portfolio drift.
• Knowledge or experience coordinating with a portfolio management team.
• Knowledge or experience in research and asset allocation based on risk tolerance.
• Knowledge or experience rebalancing portfolios through block trading.
• Experience in wealth management and investments.
• Experience with the LPL Enhanced Trading and Rebalancing Platform or an equivalent tool, such as Fidelity Wealthscape Portfolio Modeling and Rebalancing.
• Fully licensed with SIE, Series 7, and Series 66.
• B.A. or B.S. degree; preferably in Financial Planning, Finance, Accounting, or Economics.
• Excellent project management skills, including the ability to prioritize and track multiple tasks.
• Strong organizational skills and meticulous, precise execution and record keeping.
• Accountability, ownership, and attention to detail.
• Ability to remain composed under pressure and manage multiple priorities.
• A learning mindset and interest in understanding strategies, economic updates, and complex wealth management strategies.
• Clear and concise communication with the portfolio management team, advisors, clients, and team members.

Responsibilities

• Execute equity trades in accordance with portfolio management team instructions.
• Rebalance portfolios via block trading.
• Manage portfolio drift.
• Manage cash, including account inflows and funding.
• Raise cash for client distributions.
• Analyze and research complex proposals.
• Perform tax-loss harvesting.
• Allocate assets based on client risk tolerance.
• Coordinate with the portfolio management team.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• 401(k) plan
• Paid time off
• Base salary increases, spot bonuses, and short-term incentive compensation opportunities, subject to eligibility

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level