Congratulations to Marc Cohen on his promotion to managing director, Business Strategy and Innovation! Since joining us in 2018, Marc has been instrumental in reimagining how we support advisors on their journey to independence. From helping wirehouse advisors break away to developing innovative solutions for business owners, Marc's entrepreneurial spirit has shaped LPL's evolution. Now, as a member of our Management Committee, he'll lead our strategic growth while expanding how we serve and support advisors through innovative solutions. "Marc is an entrepreneur by nature whose innovative thinking has helped reimagine the strategic evolution of our firm," said CEO Rich Steinmeier.
As the year draws to a close, lights twinkle in windows across our communities – each one telling a different story, celebrating different traditions, but all sharing in the warmth of the season. From our community to yours, we wish you moments of joy, peace, and connection as you celebrate with those who matter most.
Last Tuesday was Giving Tuesday, and we turned one day into a full season of impact. For our employees working virtually or at one of our campuses, there are countless ways to make a difference: volunteer events, community initiatives, or our LPL Day of Giving, where every donation —even as little as $5 —helps create pathways to financial services careers in underserved communities. Through the LPL Foundation's partnerships with organizations like Girls Who Invest, The American College of Financial Services, Greenwood Project, and CFP Board, we're building a more inclusive future for our industry —one act of service at a time.
#LPLNews: LPL Financial and Prudential Financial have completed the implementation of their strategic relationship announced last August. LPL now supports the more than 2,800 Prudential Advisors financial advisors on the LPL platform. Learn how this relationship is poised to set a new standard in the industry → https://bit.ly/40XERgd
Our diversity isn't just about who we are—it's about what we can achieve together. Every unique perspective at our table makes us better listeners, stronger problem-solvers, and more innovative thinkers. It's how we build deeper connections with our clients and understand the dreams that drive them. To our team members who bring their authentic selves to work every day: you make us who we are. Your stories, your insights, and your experiences aren't just welcome here — they're essential to our success. Diversity Awareness Month
Every great journey begins with an opportunity. That's why today, we're proud to announce $1M+ in grants through the LPL Foundation to four groundbreaking organizations shaping a more inclusive future for finance: The American College of Financial Services, CFP Board, Girls Who Invest, and Greenwood Project. These partnerships will create scholarships, internships, and mentorship programs that open doors for underrepresented talent. Because when financial professionals reflect the communities they serve, everyone wins. Over the past four years, we've invested $2.5 million in organizations working to diversify the next generation of financial professionals. But the numbers only tell part of the story. The real impact happens one career at a time, as talented individuals from under-resourced communities step into roles where they can help families build generational wealth.
This week, the LPL Product Tech team had a great time celebrating Diwali together in Fort Mill, Austin, Jersey City, and San Diego. We shared our own thoughts about the importance of the holiday. Thanks to everyone who helped make this celebration a special one.
#LPLNews: LPL Financial announced today that Rich Steinmeier has been confirmed by the Board as Chief Executive Officer. The Board has also named Matt Audette as President of the company, expanding his previous role as Chief Financial Officer and Head of Business Operations. Learn more about this leadership announcement and the exciting future ahead for LPL → https://bit.ly/4hhhune
Our Tempe office is officially open! Last week, we celebrated this milestone with a ribbon-cutting ceremony and reception. Sara Dadyar and Matthew Enyedi welcomed Tempe Mayor Corey Woods, Vice Mayor Doreen Garlid, Councilmember Berdetta Hodge, as well as Arizona State University representatives. From fireside chats to painting a community mural, it was a day of connection and celebration. Check out our career opportunities → career.lpl.com
Founded in 1996 by Tom Noble, The Noble Group has been a beacon of holistic wealth management in Sugar Land and Dallas, Texas. Now, as they pass the torch to the next generation led by Joey Rose, they're not just changing affiliations – they're revolutionizing their approach to client service. By partnering with LPL, The Noble Group is plugging into a powerhouse of digital capabilities and integrated platforms. This means their team of nine advisors and 13 support staff can focus on what they do best: serving high-net-worth families, retirees, and business owners with personalized, top-tier financial strategies. But it's not just about today - it's about tomorrow. This move sets The Noble Group up as a magnet for fresh talent, ready to nurture the next wave of financial advisors in an industry that never stands still.
