LPL Economic Hires Edward Fandrey as Running Director, Advisor Methods

Press release material from World Newswire. The AP news staff was not associated in its generation.

CHARLOTTE, N.C., Jan. 19, 2021 (World NEWSWIRE) — LPL Money LLC  (Nasdaq:LPLA), a leading retail expenditure advisory firm, registered expenditure advisor (RIA) custodian and independent broker-supplier, currently introduced that Ed Fandrey has joined the firm as controlling director, divisional president, Advisor Solutions. In this freshly-produced function, Fandrey will guide the company’s strategic program to broaden engagement with advisors, partnering with them to employ the firm’s evolving affiliation products, optimally leverage its applications and capabilities, and totally help their development initiatives and other business enterprise desires. He will be centered at the firm’s San Diego campus and stories to President & CEO Dan Arnold.

“Ed is a transformational chief with deep fintech encounter, acquiring invested 21 decades leading technology and revenue businesses at Microsoft,” Arnold stated. “At LPL, he’ll enable us make compelling strategies to handle our advisors’ one of a kind desires and discover from their imaginative thoughts in the spirit of acquiring progressive answers that help them win in the marketplace. We welcome Ed to the LPL household.”

Fandrey was most just lately vice president of the Economical Providers company at Microsoft, where by he led an business of profits, aid, technology and customer accomplishment industry experts driving customer-centric digital transformation throughout leading banking institutions, insurance policy companies, hedge cash and capital markets corporations. He acquired his bachelor’s diploma in psychology from the Point out University of New York at Albany and has multiple engineering and developer certifications.

“For the previous 21 yrs at Microsoft, I’ve served groups generate transformation and improve by listening to the voice of the purchaser and leveraging that comments to both increase present capabilities or create new types,” Fandrey mentioned. “I’m enthusiastic to deliver the same enthusiasm and willpower to my new part at LPL top Advisor Options, and seem ahead to contributing to the firm’s mission of getting care of its advisors so they can take treatment of their purchasers.”

About LPL Economic

LPL Money ( ) is a leader in the retail financial assistance industry, the nation’s greatest impartial broker-supplier** and a main custodian (or provider of custodial services) to RIAs. We serve unbiased economic advisors, experts and fiscal institutions, giving them with the technologies, exploration, clearing and compliance solutions, and practice administration systems they need to build and expand flourishing procedures. LPL allows them to present objective direction to thousands and thousands of American households in search of prosperity administration, retirement organizing, economic setting up and asset administration answers.

**Primarily based on total revenues, Economic Organizing journal June 1996-2020.

Securities and advisory providers made available via LPL Economic LLC, an SEC- registered broker-supplier and investment advisor. Member FINRA/SIPC. 

In the course of this communication, the terms “financial advisors” and “advisors” are applied to refer to registered reps and/or expense advisor reps affiliated with LPL Economical LLC. We routinely disclose information that may possibly be crucial to shareholders in the “Investor Relations” or “Press Releases” area of our website.

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