LPL taps new human capital officer

JUN 05, 2012
LPL Financial announced that Sallie Larsen was appointed managing director and chief human capital officer. Ms. Larsen, who is based in San Diego and reports to Mark Casady, chairman and CEO of LPL, started on May 1. In her new role, Ms. Larsen will be responsible for guiding the company's overall human capital and talent acquisition strategies, as well as for designing and implementing competency-driven management development initiatives to support LPL Financial's services to independent financial advisors and institutions. In addition to her key responsibilities in the area of human capital, Ms. Larsen will have oversight of issues relating to real estate, facilities, and corporate communication as a member of the firm's executive management committee. "We are very pleased to welcome Sallie Larsen to LPL Financial. Her expertise in the development and execution of human capital strategies at a variety of companies will be instrumental in driving the evolution of our human capital practices and infrastructure in order to better support our firm's future growth,” Mr. Casady said in a statement. Ms. Larsen has more than three decades of human resources and talent management experience. Prior to joining LPL Financial, she served as chief human resources officer for the Federal Home Loan Bank — Office of Finance (FHLB-OF) since 2009, where she was responsible for modernizing the organization's human resources infrastructure and implementing a new human capital strategy to respond to changing priorities in the wake of the global financial crisis of 2008.

Latest News

Fintech bytes: Envestnet reaffirms $1B RIA commitment with Tamarac tech investment
Fintech bytes: Envestnet reaffirms $1B RIA commitment with Tamarac tech investment

Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.

RIA moves: Maridea acquires multigenerational practice in Pennsylvania debut
RIA moves: Maridea acquires multigenerational practice in Pennsylvania debut

Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.

Private equity eyes 401(k) plans, but fees remain a hurdle
Private equity eyes 401(k) plans, but fees remain a hurdle

Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.

IRS floats proposal ending tax breaks for schools that weigh race
IRS floats proposal ending tax breaks for schools that weigh race

Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.

Trust over tech:  The hidden signal of stock success in the AI era
Trust over tech: The hidden signal of stock success in the AI era

Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income