What if you could build a career where ambition meets innovation? At LPL Financial, we empower professionals to shape their success while helping clients pursue their financial goals with confidence. What if you could have access to cutting-edge resources, a collaborative environment, and the freedom to make an impact? If you're ready to take the next step, discover what’s possible with LPL Financial.

Job Overview:

The Vice President of Overlay Trading, part of the Overlay Portfolio Management Group (OPMG), is responsible for delivering robust and highly scalable trading solutions across LPL’s Centrally Managed Advisory programs.  This includes oversight of trading for LPL’s Model Wealth Portfolios (UMA), Manager Select (SMA), Optimum Market Portfolios (mutual fund wrap), and Guided Wealth Portfolios (ETF Wrap).  The role leads a team of 16 professional traders supporting more than $250B in assets under management.

As a key leader on the OPMG team within the Wealth Management organization at LPL, the VP partners closely with the overlay operations and service teams, the overlay evolution and design team, third party platform vendors, and additional stakeholders to deliver a best-in-class outsourced trading solution.  This leader drives a high‑performance culture focused on exceptional service, operational excellence, continuous innovation, and proactive issue resolution.

Responsibilities:

• Lead major operational improvement initiatives to enhance scale, efficiency, and consistency of trading delivery.
• Balance superior advisor/client experiences with operational execution and workflow efficiency.
• Collaborate with external vendors to ensure platform reliability and drive functional enhancements ensuring the maintenance of SLA levels.
• Develop and retain top talent (including people leaders and individual contributors) while fostering a high‑performance culture utilizing performance management, coaching and effective goal setting to foster a culture of accountability.
• Proven ability to lead effective teams through utilizing organizational design, workforce planning and forecasting to maintain appropriate talent levels.
• Strengthen metrics, accountability, and alignment across the team and with broader organizational objectives.
• Analyze client feedback trends and implement improvements to elevate service and experience.
• Build strong cross‑functional partnerships to advance change and innovation initiatives across product and technology teams.
• Champion new ideas, promoting a culture of innovation and continuous improvement.

The Ideal Candidate Demonstrates:

• Proven leadership of large trading teams and complex organizational initiatives.
• Collaborate with internal teams and vendors to resolve issues and execute priority initiatives.
• Manage day‑to‑day change efforts, ensuring smooth rollout of process and platform enhancements.
• Oversee advisor escalations, driving timely resolution and actionable improvements.
• Recruit, coach, and develop team members to maintain a strong, high‑performing trading organization.

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:

• Bachelor’s degree required; CFA or MBA preferred.
• Series 7, 65/66 required.  Series 24 preferred.
• 10+ years leading large-scale investment advisory trading teams.
• Deep knowledge of managed accounts, tax management, and future state platforms with familiarity across broker-dealers, RIA custodians, and TAMP providers.
• Comprehensive understanding of trading regulations and requirements.
• Expertise with commercial trading platforms such as InvestCloud, Vestmark, MyVest, and Charles River Development.

 

Pay Range:

$161,066-$268,444/year

 

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 LPL Financial: Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation’s leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

Why LPL?

• Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here!

• Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here!

• Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients. Learn more about our mission and values here!

• Impactful Work: Our size is just right for you to make a real impact. Learn more here!

• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!

• Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!

• Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. 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.

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