Alphacore appoints ex-LPL leader as new COO

Alphacore appoints ex-LPL leader as new COO
The California-based independent is bolstering its leadership as it pursues an M&A strategy to create a national presence.
JUN 17, 2024

AlphaCore Wealth Advisory , a La Jolla, California-based independent wealth firm, is looking to go national by tapping an LPL alum to a key C-suite role.

On Monday, Alphacore announced the appointment of Brian Habas as its new chief operating officer. The strategic hire comes as the company experiences significant growth, driven by strong advisory team performance and key partnerships.

Habas will be responsible for overseeing operations, technology, and strategic planning across all of AlphaCore's business lines. The firm said his deep industry knowledge will be instrumental as it pushes to expand its national presence through strategic mergers and acquisitions.

AlphaCore is welcoming Habas as part of a broader effort to bolster its leadership in order to sustain its growth. Supported by a strategic partnership with Constellation Wealth Capital, that talent acquisition campaign has brought a dozen new hires over roughly the past six months, including the appointment of Aidan Walsh as its head of corporate development in May.

“Brian has the experience and expertise to help take AlphaCore to the next level with scalable systems and accountability across all divisions of AlphaCore,” Dick Pfister, CEO and founder of AlphaCore, said in a statement Monday.

“His background aligns perfectly with our priorities as he has successfully led large, transformative initiatives in his previous roles,” Pfister said.

With a professional track record spanning more than 20 years in the financial services sector, Habas brings a wealth of experience with leadership positions overseeing digital product, strategy, and marketing functions.

He spent nearly a decade at LPL, most recently in an SVP role overseeing its institutional channel strategy. Prior to that, he spent more than a decade at T. Rowe Price as its general manager of US Investment Services.

“I’m excited to be joining AlphaCore at such a pivotal time of growth and opportunity,” Habas stated.

He highlighted the firm’s “incredible and innovative culture” and “talented professionals across the organization,” with whom he’ll be working closely “to drive strategic initiatives and deliver an unmatched experience.”

Latest News

UBS moves toward full-service US bank as plans to extend wealth business
UBS moves toward full-service US bank as plans to extend wealth business

Employee accounts, crypto trials and job cuts frame a pivotal year for the Swiss lender.

$5B broker-dealer NBC Securities has a new name after almost 30 years
$5B broker-dealer NBC Securities has a new name after almost 30 years

New name draws on founder's family history as consolidation reshapes the broker-dealer landscape.

Cerity Partners enters new market with Cordant Wealth Partners merger
Cerity Partners enters new market with Cordant Wealth Partners merger

Deal brings tech-focused planning expertise, expanded Pacific Northwest presence to national RIA platform.

Treasury unveils Trump Accounts fund lineup led by BlackRock, Vanguard, and State Street
Treasury unveils Trump Accounts fund lineup led by BlackRock, Vanguard, and State Street

Five low-cost index ETFs to anchor Trump Accounts as advisors weigh options against 529 and UTMA plans for clients

House panel unanimously advances advisor compensation reform bill
House panel unanimously advances advisor compensation reform bill

A bipartisan proposal aimed at aligning advisor compensation rules with modern business structures is headed to the full House.

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

SPONSORED Why direct indexing stopped being optional

Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.