CHARLOTTE, NC, Aug. 10, 2022 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq: LPLA) today announced that Caitlin Shackleton has joined the company as Executive Vice President of Corporate Strategy and New Ventures. Shackleton will lead LPL’s strategic planning while leveraging innovation to accelerate the company’s growth and benefit advisors and clients. She will report to her Rich Steinmeier, LPL’s Managing Director and President of Business Development.
“Kaitlin is a seasoned leader and strategist focused on growing market share, maintaining customer retention and developing multi-year business strategies. He has a deep understanding of people and has experience managing multiple global teams.” “As the financial environment is constantly changing, LPL’s leadership has the ability to evolve the team to best suit the needs of our advisors and clients.” As we continue to ride this wave of change, we are confident that Caitlin’s expertise will help us accelerate our growth and enhance our industry-leading reputation. increase.”
With over 20 years of experience in strategic direction and execution of complex initiatives in wealth and investment management, Shackleton spearheads strategic planning, policy and risk management, process restructuring, and employee engagement for global financial institutions. I stood in Prior to joining LPL, he led business management for Wells Fargo’s Chief Executive Officer and has also held various corporate leadership and strategy positions. During that time, Shackleton also served as president of the company’s cross-enterprise intergenerational diversity networking organization and participated in multiple diversity and inclusion councils.
“It is a great honor to join LPL in this movement that is transforming the financial services industry,” said Shackleton. We have done a great job developing and delivering top-notch service, and we look forward to working with the strategy and venture teams to build a culture that connects strategy and execution.”
About LPL Financial
LPL Financial (Nasdaq: LPLA) was founded on the principle that firms should work for their advisors, not the other way around. Today, LPL is the market leader in servicing*, supporting nearly 21,000 financial advisors, nearly 1,100 institutional-based investment programs, and 500 independent his RIA firms nationwide. We are steadfast in our commitment to an advisor-centric model and the belief that Americans have the right to access individualized guidance from their financial advisors. It means you have the freedom to choose your models, services and technical resources to help you execute your perfect practice. And because they know their customers best, they are free to manage their relationship with them. Simply put, we look after our advisors so they can look after their clients.
*RIA’s top custodian (Cerulli Associates, 2020 US RIA Marketplace Report); #1 independent broker-dealer in the US (based on total revenue, Financial Planning Magazine 1996-2021). #1 Provider of Third Party Intermediation Services to Banks and Credit Unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report). Fortune 500 companies as of June 2021. LPL and its affiliates provide financial services only from the United States.
Securities and advisory services provided through LPL Financial LLC, an SEC registered broker-dealer and investment advisor. Member FINRA/SIPC.
Throughout this communication, the terms “Financial Advisor” and “Advisor” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC. We regularly disclose important information to our shareholders in the “Investor Relations” or “Press Releases” sections of our website.
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Linda Morgan
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