VP, Assistant General Counsel - Brokerage

Lead with Purpose, Unlock Your Team’s Passion At LPL, people leaders hold the key to the employee experience — shaping culture, driving performance, and guiding individuals to new heights. Because when that happens, we all win – clients, LPL, and most importantly our, employees. If you're ready to lead with intention and discover what’s possible, LPL Financial invites you to apply today.

LPL Financial seeks an experienced attorney to join its corporate legal advice team as Vice President, Assistant General Counsel, Brokerage. This VP will report to a Senior Vice President responsible for providing strategic legal advice to various business units. This team focuses primarily on the needs of LPL’s broker-dealer business but also provides support to the investment advisory business as well as supporting the firm’s platform conversions involving these businesses. This position entails advising LPL’s (1) Business Development Unit; (2) Corporate Transaction and M&A team; and (3) various affiliation models and brokerage and custodial platforms. The ideal candidate is one who can thrive in a fast-paced business environment and can manage a substantial docket autonomously.  Relevant private practice or in-house counsel experience advising on FINRA rules, SEC regulations, Exchange Act requirements, and state securities laws is required.    Roles & Responsibilities: Provide day-to-day legal support for LPL’s financial services business, including providing legal analysis and advice with respect to applicable rules, regulations and legal risk relating to the brokerage and investment advisory business. Work with a senior attorney on internal merger and acquisition projects supporting conversions and serving as a legal advisor to the business, compliance, operations and senior management to ensure regulatory approvals are obtained and organizational changes are implemented in compliance with applicable securities laws and FINRA rules.  This may include engaging with FINRA and other regulators. Provide conversion and integration support, including advice and counsel on legal and regulatory implications of business migrations, repapering efforts, bulk transfers, and operational changes. Drafting and modifying client agreements, account documentation and disclosures, and filings with regulators. Performing legal research and drafting memorandums concerning compliance with applicable laws, rules and regulations. Interacting with other members of the Legal Department as well as other LPL units including, amongst other departments, Compliance and Risk. What are we looking for? We’re looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness , act with integrity , and are driven to help our clients succeed . We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.

5-10 years of experience in dealing with issues arising under the Securities Exchange Act, Investment Advisers Act of 1940, FINRA rules and regulations as well as related federal and state securities laws. Experienced in legal writing, performing legal research (LexisNexis preferred) and written communication skills. Experienced with the regulatory landscape applicable to broker-dealers and registered investment advisers, including familiarity with regulatory processes (SEC and FINRA). Experience with supporting financial institutions in conversions and FINRA regulatory applications. Core Competencies: Proficiency with MS Word, Excel, PowerPoint, and Outlook. Ability to interface effectively with investment personnel as well as LPL advisors, clients and their counsel. Ability to understand and assess a wide variety of complex commercial transactions. Highly motivated self-starter able to work independently while