About Concentric Innovation: Concentric Innovation (“Concentric”) is an investment management firm specializing in customized direct indexing and integrated portfolio solutions for independent RIAs, family offices, and institutional investors. Founded in 2001 and based in San Francisco, the firm has spent over two decades refining its proprietary technology to deliver tax-efficient investment outcomes and specializes in developing investment solutions at scale for its clients. Managing $13+ billion in assets, Concentric's mission is to empower advisors with precision-driven solutions that streamline operations, optimize investment objectives, and enhance client experiences. Since 2022, Concentric has been an affiliate of Pathstone Family Office, LLC, fueling collaboration with a like-minded wealth management partner, expanding its reach and capabilities for a new generation of investors.
Operating at the intersection of quantitative investing, technology innovation, and client-first service, Concentric offers an innovative environment where talented professionals can help shape the next generation of investment management infrastructure.
Position Summary: Concentric’s Philadelphia metropolitan area team is seeking a Full-Time Senior Associate who is a detail-oriented independent multi-tasker and thrives in a fast-paced team environment. This individual will primarily focus on day-to-day trading in support of the firm’s active tax indexing equity and investment grade fixed income strategies for the firm’s SMA platform.
Key Responsibilities:
- Equity order processing (i.e., following a rules-based approach for the routing of equity orders using algorithms and assessing real-time market conditions to ensure best execution).
- Fixed income trading (i.e., buying/selling investment grade bonds while evaluating relative value in fixed income markets consistent with investment policies and team-level strategic positioning).
- Trading operations support.
- Best execution review and analysis.
Qualifications:
Required:
- Bachelor’s degree is required.
- 1 – 3 years’ relevant experience is required.
- Ability to communicate clearly and work effectively with team members and counterparties.
- Attention to detail, excellent organizational skills, and a strong work ethic.
Preferred:
- Business degree.
- Familiarity with industry-standard platforms, specifically Bloomberg.
- Knowledge of equity order types and algorithms.
- Experience handling equity orders and/or working on a buy-side fixed income trading desk.
- Familiarity with or hands-on experience using AI-powered productivity tools to enhance efficiency, collaboration, and work quality is strongly preferred.
Our talented people are our greatest asset and therefore we offer a competitive, and flexible benefits program that helps meet the needs of our team members and their families. Concentric Innovation’s generous benefits include comprehensive medical, vision, and dental coverage, flexible spending, flexible PTO, life insurance, education support, 401k plan, parental leave, and more.
Visa Sponsorship: Please note, we are unable to provide visa sponsorship for this position. Accordingly, we are unable to hire individuals who require, or will require, employment visa sponsorship either now or in the future.
Concentric Innovation is proud to be an equal opportunity employer.
As you explore opportunities, know that Pathstone communicates with candidates exclusively through an @pathstone.com email address. We do not make unsolicited job offers, and we will never ask for personal or financial information through email or web forms. If you receive outreach that appears to be from Pathstone but originates from a different domain, please disregard it.
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