Head Of Advisory And Commercial Legal

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 22,000 financial advisors, 1,100 institution-based investment programs and 500 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

The Head of Advisory, Brokerage and Commercial Transactions Legal will develop the legal strategy and oversee the management of the legal and regulatory requirements related to LPL's brokerage and advisory platform, business development initiatives and commercial transactions. Your role will combine legal leadership, strategic acumen, and deep understanding of working with your business partners to drive positive outcomes. You will be expected to leverage best practices in providing legal support, digital capabilities, tools, technologies and techniques to enable us to extend a customer care approach to the Legal functions that will meet our advisors and business partners where they are by reimagining how they engage and what it means to be supported by Legal.

Responsibilities:

• Provide senior management and cross functional partners with strategic leadership, insights and risk management regarding LPL's brokerage and advisory platform, business development initiatives, and commercial transactions

• Lead and inspire a best-in-class, diverse team of attorneys and legal staff in effectively and efficiently managing the brokerage and advisory related matters, business development initiatives and commercial transactions impacting the firm

• Actively build, manage and develop the talent on your team, with a focus on organizational efficiency and professional development

• Collaborate closely with colleagues in Legal and Government Relations to better integrate insights, create feedback loops and inform advice and advocacy

• Oversee a team that advises cross functional partners across the firm on meeting requirements of new and existing rules and regulations and provide legal analysis to inform decisions

• Partner with the Regulatory Team to set the strategy for engaging with the firm's regulatory oversight bodies

• Leverage data, as well as industry developments, to provide key and actionable insights to business partners across the firm

• Bring innovation to reimagine old processes and develop new ways to delight clients and partners while providing valued legal advice and strategy

• Ensure the team understands and is supporting the business units' goals and OKRs

Qualifications and Experience

• Substantial experience as an attorney, including in a Litigation or Regulatory group at a financial services firm or law firm serving financial services clients

• Experience leading high performing and solutions oriented teams

• Exceptional leadership and talent development skills

• Strong working knowledge of the legal standards and regulatory schemes that apply to retail financial services (Broker-dealer experience and/or RIA experience preferred)

• Deep familiarity with brokerage and advisory, SEC and FINRA rules and regulations

• JD and an undergraduate degree from accredited institutions of higher education as well as a state bar membership in good standing are required

Skills

• Excellent writing and oral communication skills, experience with formal presentations and public speaking

• Strong judgment and business acumen

• Ability to explain complex legal terms in plain English

Pay Range:

312,000-468,000/year

Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play - such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!

Why LPL?

At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation's leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.

We are one team on one mission. We take care of our advisors, so they can take care of their clients.

Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees. We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.

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Join the LPL team and help us make a difference by turning life's aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.

Information on Interviews:

LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum. During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant's bank or credit card. Should you have any questions regarding the application process, please contact LPL's Human Resources Solutions Center at (855) 575-6947.