Supervisory Principal

Where Ambition Meets Innovation

Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you’ll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.

The Supervisory Principal, as part of the Complex Product Supervision Specialized Services within our Supervision division, will be responsible for serving as a subject matter expert for LPL Financial Advisors across the country. This position will be responsible for supervising the suitability for transactions in a variety of complex products, ensuring that the assigned advisors are meeting the standards and requirements of supervision set forth by regulatory agencies and the Firm. The Supervisory Principal will also be responsible for providing project support and additional duties as assigned.

Responsibilities:

• Suitability review and approval of transactions in certain product specific areas such as alternative investments, structured products, exchange traded products, variable annuity liquidations and others as needed.

• Become a subject matter expert and liaison with vendors and wholesalers.

• Assist with regulatory exams and requests as well as assist with the maintenance of the supervisory procedures.

• Project management, planning and issue resolution: this role will be relied upon to handle complex issues and aggressive deadlines.

• Leading investigations of questionable sales activity and work with a Senior Analyst or Manager on resolution.

• Keeping up to date with company and industry regulations; ability to interpret firm policies and procedures and incorporate into daily processes.

• Routinely interacts within a team environment to identify potential sales practice concerns, initiate escalations, and consult on problematic clients or branches.

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.

Requirements:

• Undergraduate degree in Business, Accounting, Finance, or related discipline

• Series 7, 66 (or 63 and 65), 24 (or 9 and 10), if 1 exam is needed, it can be obtained within 90 days.

• 5+ years industry experience

• Understanding of complex products (i.e. alternative investments and structured products)

• Knowledge of mutual funds, annuities, general securities, and other financial products required

• Knowledge of FINRA SEC, and State rules and regulations required

Core Competencies:

• Ability to work in a fast paced/high volume environment and be flexible with work schedule

• Ability to multi-task, strong attention to detail, excellent problem-solving and follow-up skills are essential for this position

• Oral and written communication skills

• Ability to make regulatory and supervisory-based decisions will be necessary to complete the day-to- day functions of the role and for staff support in their role as Branch Office Manager

• Mentoring skills

• Proactive collaboration and service-based responses with business partners on escalated issues and concerns is essential

• Management, and human relations skills

• Ability to develop compliance systems and strategies for effective supervision

Preferences:

• Series 4 & 53

• Life and Health Insurance License

• Experience with all Microsoft applications, particularly, Excel, Word, Access, PowerPoint, and Visio and familiarity with BETA

 

Pay Range:

$62,727.00 - $104,545.00
 Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!
 

Company Overview:

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

For further information about LPL, please visit www.lpl.com.

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.

EAC 5.19.26