LPL recruits another exec from a rival

Christopher Poch will run the private trust group at the firm.
FEB 19, 2008
LPL Financial of Boston and San Diego has snagged yet another executive from a rival to head up a business group, this time landing a Smith Barney veteran to lead its wealth management and trust services. This morning, LPL, the largest independent-contractor broker-dealer, said it had hired Christopher Poch as executive vice president, wealth management, and chief executive of its trust group, The Private Trust Co. Mr. Poch most recently worked as managing director of Smith Barney’s private wealth management group of New York. Ever since it was acquired by two private-equity funds in 2005, LPL has recruited heavily from leading financial services competitors to fill instrumental executive positions. Mr. Poch will report to Bill Dwyer, president of LPL’s independent advisor services group. Mr. Poch will be responsible for overseeing the development and expansion of LPL’s wealth management capabilities.

Latest News

Fintech bytes: Vestmark, NDEX, and Forms Logic partnerships sharpen RIA tools
Fintech bytes: Vestmark, NDEX, and Forms Logic partnerships sharpen RIA tools

First Trust models, Schwab-linked data tools and Orion transition tech headline a busy week for RIA wealthtech

Two LPL executives jump to competitors as 2026 comes to a close
Two LPL executives jump to competitors as 2026 comes to a close

The change in senior personnel occurs days after LPL Financial tapped a new head of recruiting.

Osaic names new CMO and Empowered Independence head
Osaic names new CMO and Empowered Independence head

Former PulteGroup and Citizens executives join the broker-dealer network after a year of senior leadership departures

RIA moves: Prospera lands $600M Cornerstone team in Rochester
RIA moves: Prospera lands $600M Cornerstone team in Rochester

Independent RIA Concurrent adds over $1B across six moves, while OnePoint BFG opens West Palm Beach with a $240M team

Creative Planning adds $2.2B fee-only RIA Rockbridge in Syracuse
Creative Planning adds $2.2B fee-only RIA Rockbridge in Syracuse

The mega-RIA keeps absorbing independent fiduciary firms as Cerulli data shows the fee-only segment losing asset share

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor