LPL Financial has hired Kabir Sethi, formerly head of Merrill Lynch Wealth Management’s digital platforms, as its chief product officer. He will be responsible for LPL’s technology and its wealth management platforms.
In addition, LPL shifted the role of Matt Enyedi, managing director of business solutions, to head national sales and marketing. He will lead the firm’s efforts to grow its relationship with advisers.
Series A funding from Portage, Bain Capital, and other investors will fuel data tools designed to speed advisor transitions and cut onboarding delays across wealth firms.
The Minneapolis-based RIA aggregator is adding two North Carolina practices managing nearly $1 billion, pushing its total client assets past $158.2 billion.
As markets disintegrate, the value of on-the-ground, first-hand research through "intimate knowledge acquisition" is skyrocketing.
Deal brings 10 advisors and deeper family office reach to Austin market.
Mega-RIA to adopt AI workforce at enterprise scale as firm rethinks growth without hiring.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
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
