LPL Financial Hires Edward Fandrey as Controlling Director, Advisor Solutions

CHARLOTTE, N.C., Jan. 19, 2021 (Globe NEWSWIRE) — LPL Monetary LLC (Nasdaq:LPLA), a major retail financial investment advisory business, registered expenditure advisor (RIA) custodian and independent broker-supplier, nowadays introduced that Ed Fandrey has joined the firm as running director, divisional president, Advisor Options. In this freshly-established part, Fandrey will guide the company’s strategic program to extend engagement with advisors, partnering with them to use the firm’s evolving affiliation designs, optimally leverage its instruments and capabilities, and completely help their expansion initiatives and other enterprise requires. He will be centered at the firm’s San Diego campus and reports to President & CEO Dan Arnold.

“Ed is a transformational leader with deep fintech expertise, obtaining put in 21 a long time top technology and revenue organizations at Microsoft,” Arnold stated. “At LPL, he’ll assist us create powerful techniques to address our advisors’ exceptional needs and find out from their imaginative concepts in the spirit of creating innovative answers that assist them get in the market. We welcome Ed to the LPL household.”

Fandrey was most not too long ago vice president of the Fiscal Services enterprise at Microsoft, the place he led an corporation of income, assistance, engineering and consumer achievements industry experts driving consumer-centric digital transformation throughout main banks, insurance policies corporations, hedge resources and money marketplaces companies. He gained his bachelor’s degree in psychology from the State College of New York at Albany and has numerous technological innovation and developer certifications.

“For the past 21 several years at Microsoft, I’ve aided groups generate transformation and mature by listening to the voice of the buyer and leveraging that comments to both greatly enhance current capabilities or develop new ones,” Fandrey claimed. “I’m excited to carry the exact same enthusiasm and self-control to my new purpose at LPL foremost Advisor Remedies, and appear forward to contributing to the firm’s mission of having treatment of its advisors so they can acquire care of their purchasers.”

About LPL Money&#13

LPL Economical (https://www.lpl.com) is a leader in the retail fiscal information sector, the nation’s most significant independent broker-supplier** and a primary custodian (or supplier of custodial companies) to RIAs. We serve independent economical advisors, industry experts and economic establishments, delivering them with the engineering, research, clearing and compliance products and services, and apply administration packages they will need to develop and expand thriving practices. LPL permits them to provide objective direction to tens of millions of American households trying to find prosperity administration, retirement setting up, fiscal scheduling and asset administration options.

**Based mostly on full revenues, Fiscal Planning journal June 1996-2020.

Securities and advisory expert services presented by way of LPL Financial LLC, an SEC- registered broker-seller and investment advisor. Member FINRA/SIPC. 

All over this interaction, the conditions “financial advisors” and “advisors” are applied to refer to registered associates and/or expense advisor representatives affiliated with LPL Financial LLC. We routinely disclose details that might be significant to shareholders in the “Investor Relations” or “Press Releases” portion of our site.

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