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Are you a team player? Are you curious to learn? Are you interested in working in meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!
Excited to learn more? If so, then this could be the role for you!
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.
Job Overview:
The Legal Department at LPL Financial is looking for an attorney to support LPL and our financial professionals in providing financial services to clients across the United States. This attorney will provide advice on agreements, laws and regulations that impact LPL’s support of vulnerable investors and changes in account status arising from death, divorce or the use of trusts and powers of attorney. The role, Assistant Vice President, Associate Counsel, will work with an experienced team of lawyers to provide pragmatic legal advice and thought leadership to help LPL serve and protect investors. A successful candidate must be willing to learn new areas and have a background in either: broker-dealer regulation; or estates, divorce and protecting vulnerable adults.
Responsibilities:
Respond to legal and regulatory issues affecting LPL and financial professionals, with a primary focus on agreements, laws and regulations impacting changes in an investors’ circumstances such as: death, marital status, legal capacity, exploitation and vulnerability.
Providing advice on SEC, FINRA, and state regulations on investor protection, trusted contacts, asset and transaction holds, privacy, and supervision pertaining to senior or vulnerable adults.
Counseling LPL operations and financial professionals on issues arising from investors’ use of trusts, retirement accounts, powers of attorney, designation of beneficiaries, and appointment of custodians. Also provides advice on the impact of probate, divorce, separation, guardianship and other legal proceedings involving account holders.
Counseling LPL operations and financial professionals on issues arising from laws and regulations protecting senior and vulnerable investors, uniform gifts to minors, and reporting requirements of state and local jurisdictions with regard to exploitation of vulnerable investors.
These issues frequently involve state and local laws which are not uniform. The attorney must be able to deal with a wide range of laws and fact patterns. The circumstances that lead to these issues can be emotionally charged, time sensitive and require high emotional intelligence and prompt response. The attorney must actively provide sound advice on federal and state laws impacting LPL’s operations and investors.
Partnering with our operations and business colleagues and other members of our Compliance, Legal and Risk teams to promptly and effectively respond to novel situations.
What are we looking for?
We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.
Requirements:
JD from a nationally accredited law school; admitted to practice law, and in good standing, in at least one jurisdiction in the U.S.
3-5 years of experience counseling in the financial services industry. Some familiarity with estates and divorce issues and an interest in learning more.
Experience at a law firm, company in the financial services industry, or regulatory agency. Ideal candidate has worked with a focus on financial services, investor protection or probate, estate and trusts law.
Core Competencies:
Strong organizational and project management skills, including the ability to handle multiple tasks and manage deadlines in a fast-paced and demanding work environment.
Excellent written and oral communication skills
Good interpersonal skills and ability to interact with members of senior management as well as adaptability and willingness to take on a wide variety of new tasks in a fast-paced environment.
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Pay Range:
$128,900.00 - $214,900.00
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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We take social responsibility seriously. Learn more here
Want to see info on our benefits? Learn more here
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.
- $128,900 - $214,900
