Trading Assistant

About Pennington Wealth Management
Established in 1996 by Darrell Pennington, Pennington Wealth Management has earned a strong reputation in the financial advising space, with recognition from Forbes, Barron’s, and other respected industry publications. We are a close-knit, high-performing team driven by a passion for helping others and giving back to the community. Whether we’re in the office or volunteering together, our team shares a commitment to excellence and meaningful work. Learn more about our culture at penningtonwealth.com.

Job Summary
This role is instrumental in supporting the daily operations of a fast-paced, collaborative financial planning office. As a member of our operations team, you’ll assist advisors and analysts with trading, account servicing, and operational tasks, while contributing to a multi-year project to transition to a new trading platform. You’ll be a key player in ensuring accuracy, efficiency, and compliance across client accounts and internal systems.

Key Responsibilities

Trading & Account Services

• Execute, monitor, and verify trades; serve as backup trader and sole trader on designated days

• Process client money wires, money movements, and investment applications

• Ensure previous day’s trades executed properly; research discrepancies and notify team leads

• Maintain records of executed trades in shared systems for tracking and compliance

• Answer trade-related questions from Case Analysis, Case Managers, and Client Service Coordinators

• Assist with purchasing CDs and submitting annuity applications

• Help prepare for and execute rebalances (pre-, during, and post-process)

• Submit alternate investment paperwork and track outstanding cases

• Run reports in Vestmark and Thompson for advisors, analysts, and operations

• Support the setup of Donor-Advised Funds (DAFs) and entity accounts (businesses, trusts, etc.)

• Review and process forms including beneficiary forms, POAs, new business, and client onboarding documents

• Coordinate with third-party insurance companies to submit and follow up on applications

• Monitor and respond to communications from the home office regarding client accounts; collaborate with internal and external contacts to research and resolve client-related cases, ensuring timely follow-up and completion

• Track and manage transfer tasks weekly; ensure timely updates and resolution

• Assist with Holist plan data entry and reporting

• Collaborate with advisors and operations team on research requests (e.g., trust documents, third-party inquiries)

• Provide meeting prep support for advisors, when needed

Special Projects

• Participate in the firm’s transition to a new trading platform over the next 12–24 months

• Assist with testing, documentation, and process improvements

• Help ensure continuity and accuracy during system migration

Qualifications

• Located in the Greater Houston Area

• 2+ years of experience in financial services operations or trading

• Strong understanding of financial products, account servicing, and compliance

• High attention to detail and ability to manage multiple priorities

• Excellent communication and organizational skills

• Proficiency in Microsoft Office Suite; experience with Navi Plan, Money Guide Pro, Vestmark, or Thompson is a plus

• Series 7 required. 66/63 and Group 1 required or willing to obtain within 3 months

• Bachelor’s degree or equivalent experience

• Positive attitude and a growth mindset

Our Commitment to You:

Genuine Work/Life Balance:
We offer a supportive work environment that promotes a healthy balance between professional responsibilities and personal time. 

Collaborative & Positive Team Culture:
Join a close-knit, supportive team of motivated professionals who work together to achieve shared goals and maintain a positive, engaging environment.

Growth & Advancement Opportunities:
Your career development is important to us. As you contribute to the team’s success, you’ll have opportunities to take on greater responsibility and advance within the firm.

Autonomy and Responsibility:
Enjoy the freedom to manage your role with confidence and independence while being part of a team that supports your decisions and growth.

Professional Development & Learning:
We offer a range of training programs and continuing education opportunities to help you enhance y