LPL is making a strong statement on technology as the firm brings on an experienced leader to help take it to the future.
On Tuesday, LPL Financial announced the appointment of Sushil “Sid” Vyas as executive vice president and chief technology officer of infrastructure and operations.
The firm said Vyas will be responsible for ensuring the stability and reliability of LPL’s operating platforms. Reporting to Greg Gates, managing director and chief technology and information officer, he will be based at LPL’s Fort Mill campus in South Carolina.
In a statement Tuesday, Gates highlighted Vyas’s “leadership in managing risk platforms, driving agile transformations, leading technology delivery teams, and overseeing cloud migrations.”
“In an era where advanced platform protections and operational precision are increasingly crucial, [that experience] uniquely positions him to enhance and safeguard our platforms,” he said.
Vyas built up a record of driving global strategy and delivering cost-effective solutions over the course of 25 years spent leading and transforming technology organizations within large financial institutions.
He joins LPL from Mizuho Americas, where he served as chief technology officer of Mizuho America Services. Before Mizuho, he held various technology leadership positions over a 20-year span at Wells Fargo and its predecessor companies.
“I’m honored to join the skilled technology team at LPL and a Fortune 500 company at the forefront of technology innovation in financial services,” Vyas said.
“As we continue to grow and evolve, my focus will be on leading our efforts to streamline processes, mitigate risk and enhance the performance of our technology platforms,” he said.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
