Former LPL exec Bill Morrissey to head Atria’s independent channel

The private equity-backed firm operates six broker-dealers, including Cadaret Grant, NEXT Financial and Western International Securities.

Long-time LPL executive Bill Morrissey has joined New York-based Atria Wealth Solutions as head of its independent channel, a new position.

Morrissey had served as head of business development for LPL Financial. More recently, he was head of wealth management at Guardian Life Insurance.

Morrissey will be responsible for attracting advisers to the independent operations of Atria’s broker-dealers.

“The addition of Bill better positions us and our independent financial professional clients to realize the abundant growth opportunities that exist today while maintaining and furthering our commitment to the culture and quality of our financial professional community,” Doug Ketterer, Atria’s CEO and founding partner, said in a statement.

The private-equity backed firm is the parent of Cadaret Grant, NEXT Financial Group, Western International Securities, SCF Securities, CUSO Financial Services and Sorrento Pacific Financial.