SVP, Associate General Counsel - Broker-Dealer Regulatory Compliance

Company Overview

LPL Financial is a leading independent broker‑dealer supporting over 32,000 financial advisors and approximately 1,100 financial institutions, managing and safeguarding roughly $2.3 trillion in brokerage and advisory assets for about 8 million Americans.

Position Overview

Senior Vice President, Associate General Counsel – Senior Attorney dedicated to providing strategic legal counsel across LPL’s broker‑dealer and advisory platforms. Reports to the Executive Vice President and partners with senior leadership to shape legal and regulatory strategy for the broker‑dealer, advisory, compliance, supervision, risk, business development, and corporate development functions.

Key Responsibilities

• Provide day‑to‑day legal support for LPL’s financial services business, including analysis and advice related to compliance with applicable rules, regulations, and legal risks impacting brokerage and investment advisory activities.
• Review, revise, and develop internal policies and procedures in response to business initiatives and regulatory developments.
• Conduct legal research and draft memoranda related to compliance with applicable laws, rules, and regulations.
• Collaborate with Legal Department colleagues and business units, including Supervision, Compliance, and Risk.
• Manage a team of experienced attorneys aligned to LPL’s brokerage and control‑based business lines.
• Provide strategic counsel on M&A transactions and regulatory approval processes.
• Advise on due diligence standards and establish protocols for the onboarding and distribution of alternative investments.

Requirements

• Recognized as a trusted advisor by senior leaders in complex, highly regulated environments.
• Expertise in the regulatory framework governing broker‑dealers and investment advisers, including SEC and FINRA oversight.
• Working knowledge of federal securities laws, the rulemaking process, regulatory notices, interpretive guidance, and agency interpretations.
• Ability to advise on emerging areas such as AI‑enabled advice tools, digital assets, and evolving regulatory frameworks impacting next‑generation wealth platforms.
• Demonstrated ability to lead and develop high‑performing teams of attorneys, setting direction, elevating talent, and building a best‑in‑class legal function aligned to business growth.

Core Competencies

• Strategic judgment
• Executive presence
• Influence without authority
• Commercial mindset
• Talent leadership

Preferences

• Experience drafting, filing, and managing continuing membership applications with FINRA.
• Demonstrated success representing financial services firms in enforcement proceedings, federal and state court matters, SRO arbitrations, and administrative proceedings.
• Working knowledge of alternative investments, including hedge funds, venture capital funds, private equity funds, public non‑traded products, business development companies, and private placements.

Success in the First 12–18 Months

• Strengthening legal support for broker‑dealer growth initiatives.
• Enhancing regulatory strategy for complex product offerings.
• Building a highly engaged, high‑performing legal team.

Pay Range and Benefits

Pay Range: $213,313.00 – $355,453.00. Actual base salary varies based on factors such as relevant skill, prior experience, education, base salary of internal peers, performance, and geographic location. LPL’s Total Rewards package includes 401(k) matching, health benefits, employee stock options, paid time off, volunteer time off, and additional competitive benefits.

EEO Statement

EEO.