Rob Pettman, an government vice chairman and head of wealth administration options at LPL Monetary, has left the agency after 17 years, in keeping with a submit on LinkedIn.com. Friday was his final day.
Pettman mentioned he’s leaving the impartial dealer/supplier to pursue a possibility at a monetary know-how firm, “the place I’ll apply my wealth administration experience to make an enduring influence on our trade,” he mentioned. He didn’t title the fintech, and he didn’t reply to a request searching for remark by press time.
“What has stored me motivated and impressed through the years has been the chance to innovate and regularly stretch and problem myself throughout many aspects of the enterprise,” Pettman mentioned within the LinkedIn submit. “Forsaking acquainted faces and an organization I’ve grown alongside is bittersweet, however I’m wanting to embrace the entrepreneurial spirit that LPL has instilled in all of us.”
“We congratulate Rob for embracing his personal entrepreneurial spirit, one thing we worth above all at LPL, and pursuing a long-time profession aspiration after practically 20 years at LPL,” mentioned Kendra Galante, a spokeswoman for LPL. “We’re excited concerning the alternative this creates for the tenured management workforce inside Wealth Administration Options, together with Kate Winters, Tom Murphy, Jay Jackson, and Steve Snyder. Mixed, these next-generation LPL leaders have over 100 years of wealth administration trade expertise, the bulk spent at LPL. With their expertise and client-centric focus, this workforce will proceed to drive momentum and supply a seamless transition.”
Aneri Jambusaria, managing director of LPL Providers Group, will proceed to steer the group, whereas the agency searches for Pettman’s alternative.
LPL has seen some senior management modifications not too long ago; in February, a public submitting mentioned Kabir Sethi, managing director and chief product officer, would depart on the finish of March after rather less than two years with LPL. The agency cited an “organizational realignment of sure enterprise capabilities” for the departure.
Final August, Heather Carter, chief advertising and communication officer at LPL, stepped down from her position after greater than 19 years with the agency. The agency not too long ago employed Christa Carone to switch her. Carone joined from Infillion, a non-public promoting and advertising know-how firm, the place she was president.
Joanna Kanakis not too long ago joined LPL as a senior vice chairman and head of enterprise improvement for the agency’s monetary establishments channel. Beforehand, she was an exective vice chairman and head of enterprise improvement at Halo Investing, a platform that gives entry to structured notes.
