Trader

As a Trader at Root Financial Partners, you will be responsible for executing trades, managing client portfolios using iRebal, and ensuring that cash flows are optimally handled across multiple accounts. You'll collaborate closely with advisors to customize portfolio solutions and address clients' specific needs, such as tax-sensitive strategies and complex account structures.

To qualify for the Trader role at Root Financial Partners, candidates should have at least 2 years of experience in trading, portfolio management, or investment operations, preferably within an RIA or asset management firm. Proficiency with iRebal and a strong understanding of asset allocation, rebalancing, and tax-efficient trading strategies are essential. A bachelor’s degree in finance or a related field is required, and relevant certifications like CFA, CFP®, or CIMA are a plus.

Root Financial Partners supports its Traders with comprehensive tools and resources, such as access to iRebal and other advanced portfolio management software. Additionally, the collaborative environment encourages teamwork and effective communication with advisors to foster an atmosphere where continuous improvement and personal development are prioritized.

The working environment for a Trader at Root Financial Partners is remote and flexible, allowing for a healthy work-life balance. We promote a culture of collaboration and efficiency, where team members are encouraged to engage freely with each other and continuously improve trading processes to better serve our clients.

A Trader at Root Financial Partners can expect a competitive salary starting at $80k, along with a target bonus of 15% of base pay. Additional benefits include a 401(k) match, health insurance, unlimited PTO, lifestyle spending accounts, and special leave days such as the 'Root Reset Days' where the last Friday of the month is off.

Being familiar with various trading platforms is essential for success as a Trader at Root Financial Partners. Emphasize your experience with iRebal, detailing how you have effectively used it for rebalancing portfolios and managing trades, while also mentioning any other platforms you’ve worked with.

When answering this question, recount a specific instance where you identified inefficiencies within a trading process. Describe the steps you took to streamline the operation, the tools you used, and the impact your actions had on overall efficiency or error reduction.

It's crucial to demonstrate strong communication skills here. Discuss your approach to understanding client needs through active listening, and how you’ve collaborated with advisors to create personalized solutions that address client concerns in a timely manner.

Share your understanding of tax-sensitive trading strategies, emphasizing your experience in managing tax implications when forming trades, such as utilizing tax-loss harvesting or understanding short vs. long-term capital gains effects.

Detail how often you typically rebalance portfolios, the methodologies you utilize to determine the right time and approach for rebalancing, and how you ensure alignment with client objectives. Emphasize accuracy and strategic thinking.

Explain your organizational methods or tools that help you manage multiple responsibilities, such as using to-do lists, prioritizing urgent tasks based on deadlines, and flexibility in adjusting priorities as needed.

Convey the importance of continuous learning, detailing the resources you use to stay informed about market trends. This could include following financial news platforms, attending webinars, or leveraging industry publications.

Your answer should reflect your values aligning with Root’s commitment to client success and team collaboration. Discuss how you admire their dedication to process improvement and your excitement about contributing to a thriving team environment.

Discuss qualities such as attention to detail, effective communication, adaptability, and a collaborative spirit as essential traits for success. Provide examples from your experience that illustrate these qualities in action.

Highlight your ability to actively contribute as part of a team while also being open to feedback. Explain how you collaborate with advisors and other team members, making sure to include an example that showcases your teamwork in action.