What are the responsibilities and job description for the Portfolio Trader position at Larson Wealth Partners, LLC?
Description
Location: Indianapolis, IN
About the Role
Larson Wealth Partners, LLC, is seeking a Portfolio Trader to join our Investment Team and take ownership of day-to-day execution across equities. This role blends portfolio implementation, options overlays, and tactical trading inside a growing investment platform serving high-net-worth and ultra-high-net-worth families.
You’ll translate investment strategy into live positions: managing equity trades, executing options strategies, and helping refine our firm’s trading processes. The ideal candidate combines institutional trading discipline with a collaborative, team-based mindset.
Responsibilities:
Trading & Execution
- Execute equity trades across client portfolios, ensuring precision, speed, and best execution.
- Manage order flow, allocations, and liquidity across custodial platforms (primarily Schwab).
- Support rebalancing, cash management, and portfolio transitions for new and existing clients.
- Deep understanding of our investment philosophy and the investments we use.
Portfolio Implementation & Coordination
- Work with portfolio managers to translate investment decisions into account-level trades.
- Manage tax-sensitive trading — including loss harvesting, holding period awareness, and short/long gain optimization.
- Align equity and options positions with target exposures and firm-level investment views.
Process & Program Development
- Help enhance trade workflows, automation, and reporting systems for greater scale and transparency.
- Monitor margin, collateral, and exposure to ensure adherence to client risk guidelines.
- Contribute to the build-out of data tools that connect portfolio performance, risk, and tax impact.
Collaboration & Oversight
- Partner closely with the Investment Team, Operations, and Compliance to maintain accuracy and control.
- Provide trading insight and feedback to inform future strategy and platform improvements.
- Document and communicate trading activity clearly to both internal teams and leadership.
Requirements
- 2 - 4 years of equity and options trading experience within an RIA, asset manager, or hedge fund
- Series 63 (Series 7 preferred)
- Deep understanding of equity markets and risk management
- High attention to detail under pressure; execution-first mindset
- Strong communication skills and team orientation
- Experience working with RIAs and Independent Financial Advisors a plus
- Desire to take ownership and provide the best customer service in the industry
Preferred experience
- Experience managing multi-account overlays or implementing firm-wide rebalances
- Degree in Finance, Economics, or related field
- Experience with Schwab systems (Advisor Center, OMS, or OMS API tools)
What We Offer
- Direct impact on portfolio implementation and client outcomes.
- Exposure to complex investment strategies across public and private markets.
- Collaborative team environment focused on continuous improvement and innovation.
- Competitive compensation with performance incentives and growth potential.
Larson offers a generous employee benefits & perks package:
- Profit Sharing Bonus Program
- 401(k) Employer Match up to 4%
- Medical, Dental, Vision Insurance (HDHP HSA plans are 100% paid for the employee)
- ER PD Telehealth
- ER PD Life, Disability & EAP Insurance
- Supplemental Insurance
- Paid time Off (112 hours after 90 days)
- Holiday Pay (12 Holidays)
- Training & Education
- ER Events, Awards, Activities