About Wealth Enhancement Group
Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 61,000 households from our over 100 offices - and growing - nationwide.
Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.
The Trading Analyst is expected to define and manage the account trading process, focusing on efficiency and accuracy through the use of Tamarac and knowledge of securities trading. The Trading Analyst also provides support to FA teams in delivering the best financial advice through expert knowledge of managed account offerings.
Managing the trading process requires deep knowledge of the Tamarac trading platform and an understanding of needs from Investment Management, Operations, Compliance, and third-party custodians. The Trading Analyst is responsible for satisfying these needs in the accurate and efficient trading of client accounts during the entire account life cycle. This includes significant use of Tamarac to assign and trade new accounts to models, maintain accurate adherence to models, implement model changes, fulfill advisor trading requests, and reconcile trades to ensure accuracy.
The salary target for this role is $90,000 depending on experience. This role is also eligible for a corporate bonus plan.
We select our initial compensation target using national compensation survey data. When we make an offer, we then factor in things like tenure, performance, and geographic location to come up with the most accurate numbers. We encourage you to apply and provide us with your compensation expectations when you do. We’re big on open conversations, so, let’s have one.
Primary Job Functions
Manage the process flows between the FA teams, operations, compliance, and investments to ensure consistent, accurate and timely investing of client accounts
Manage trading software for efficient and accurate trade execution
Work with external partners (e.g., Schwab, VA providers) to understand current process and work for continued process efficiencies
Provide support to FA team to aid in client retention and acquisition
Create reports (such as in Morningstar) of current models
Complete 401(k) allocation requests
Assist marketing in the development of literature by providing up-to-date model information
Fulfill role as product expert in answering FA team questions about available products, the investment process, and more complex account issues
Assist in delivering the best financial advice through the timely and accurate trading of client accounts
Lead the bulk trading associated with model changes
Act as back-up for the daily trading
Train and assist the primary daily trading personnel
Education/Qualifications
Bachelor’s degree (or equivalent experience) in business, finance or economics
3+ years of financial product and trading experience
Series 7, 66 security and Insurance licenses or ability to obtain these licenses within a short time frame; clean U4
Advanced knowledge of Tamarac Advisor Rebalancing platform
Organizational skills and attention to detail with the ability to prioritize workflow and projects
Strong analytical and PC skills with problem-solving abilities
Ability to clearly and concisely communicate
Must have a record of academic excellence and strong work ethic
Must be in good compliance standing with all rules, regulations and policies
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Comprehensive Benefits Offerings
Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. You may participate in the following benefits & development opportunities:
Training and professional development
Medical and dental coverage
401k – with match and profit sharing
Health care spending and savings accounts
Dependent care spending account
Vision coverage
Wellness programs and resources
Life insurance – employer paid
Short-term and long-term disability – employer paid
Paid Time Off
10 paid holidays each year
Paid parental leave
Tuition reimbursement
Should you need reasonable accommodation when completing the application form or during the selection process, contact the Human Resources Department at 763-417-1700
Information provided on this application will be kept confidential and only be shared with those involved in the selection process.
Equal Opportunity Employer, including disabled and veterans. This organization participates in E-Verify.
Click the following link to view Federal and E-Verify posters: Link
OSHA Requirements: This position requires the ability to stand or sit for long periods of time, file documents in high or low cabinets, to use the telephone and to use the computer systems.
