Marc Cohen Promoted to Managing Director; Leads Business Strategy and Innovation
LPL Financial has promoted Marc Cohen to Managing Director of Business Strategy and Innovation, joining the Management Committee. Cohen will lead corporate strategy development, affiliation strategy for independent advisors, large enterprises, and institutional channels, while also heading business services offerings and the innovation lab. Since joining LPL in 2018, Cohen has been instrumental in developing new advisor affiliation models and supporting wirehouse breakaways and RIAs. LPL Financial, trading as LPLA on Nasdaq, currently supports over 28,000 financial advisors and approximately 1,200 financial institutions, managing about $1.7 trillion in brokerage and advisory assets for approximately 6 million Americans.
LPL Financial ha promosso Marc Cohen a Direttore Esecutivo della Strategia Aziendale e Innovazione, entrando a far parte del Comitato di Direzione. Cohen guiderà lo sviluppo della strategia aziendale, la strategia di affiliazione per consulenti indipendenti, grandi imprese e canali istituzionali, oltre a dirigere l'offerta di servizi aziendali e il laboratorio di innovazione. Da quando è entrato in LPL nel 2018, Cohen è stato fondamentale nello sviluppo di nuovi modelli di affiliazione per consulenti e nel supporto a chi si distacca dai wirehouse e alle RIA. LPL Financial, quotata come LPLA su Nasdaq, attualmente supporta oltre 28.000 consulenti finanziari e circa 1.200 istituzioni finanziarie, gestendo circa 1,7 trilioni di dollari in beni di intermediazione e consulenza per circa 6 milioni di americani.
LPL Financial ha promovido a Marc Cohen como Director General de Estrategia Empresarial e Innovación, uniéndose al Comité de Dirección. Cohen liderará el desarrollo de la estrategia corporativa, la estrategia de afiliación para asesores independientes, grandes empresas y canales institucionales, mientras también encabeza la oferta de servicios empresariales y el laboratorio de innovación. Desde que se unió a LPL en 2018, Cohen ha sido fundamental en el desarrollo de nuevos modelos de afiliación para asesores y en el apoyo a quienes se separan de los wirehouses y a las RIA. LPL Financial, que se cotiza como LPLA en Nasdaq, actualmente apoya a más de 28,000 asesores financieros y aproximadamente 1,200 instituciones financieras, gestionando alrededor de 1.7 billones de dólares en activos de corretaje y asesoría para aproximadamente 6 millones de estadounidenses.
LPL Financial는 Marc Cohen을 비즈니스 전략 및 혁신의 전무 이사로 승진시키고 관리 위원회에 합류시켰습니다. Cohen은 독립 투자자, 대기업 및 기관 채널을 위한 소속 전략 개발과 기업 전략 개발을 이끌며 비즈니스 서비스 제공 및 혁신 연구소를 담당합니다. 2018년 LPL에 합류한 이래로 Cohen은 새로운 투자자 소속 모델 개발과 와이어하우스 탈퇴 및 RIA 지원에 중요한 역할을 해왔습니다. LPL Financial는 Nasdaq에서 LPLA로 거래되며, 현재 28,000명 이상의 재정 고문과 약 1,200개의 금융 기관을 지원하고 있으며, 약 600만 명의 미국인을 위해 약 1.7조 달러의 중개 및 자문 자산을 관리하고 있습니다.
LPL Financial a promu Marc Cohen au poste de Directeur Général de la Stratégie Commerciale et de l'Innovation, rejoignant ainsi le Comité de Direction. Cohen dirigera le développement de la stratégie d'entreprise, la stratégie d'affiliation pour les conseillers indépendants, les grandes entreprises et les canaux institutionnels, tout en étant également responsable des offres de services aux entreprises et du laboratoire d'innovation. Depuis son arrivée chez LPL en 2018, Cohen a joué un rôle clé dans le développement de nouveaux modèles d'affiliation pour les conseillers et dans le soutien aux séparations des wirehouses et des RIA. LPL Financial, coté sous le symbole LPLA sur le Nasdaq, soutient actuellement plus de 28 000 conseillers financiers et environ 1 200 institutions financières, gérant environ 1,7 trillion de dollars en actifs de courtage et de conseil pour environ 6 millions d'Américains.
LPL Financial hat Marc Cohen zum Geschäftsführer für Unternehmensstrategie und Innovation befördert und in den Managementausschuss aufgenommen. Cohen wird die Entwicklung der Unternehmensstrategie, die Affilierungsstrategie für unabhängige Berater, große Unternehmen und institutionelle Kanäle leiten und gleichzeitig die Angebote von Unternehmensdienstleistungen und das Innovationslabor verantworten. Seit seinem Eintritt bei LPL im Jahr 2018 war Cohen maßgeblich an der Entwicklung neuer Affilierungsmodelle für Berater sowie der Unterstützung von Abwanderungen aus Wirehouses und RIAs beteiligt. LPL Financial, das unter LPLA an der Nasdaq notiert ist, unterstützt derzeit über 28.000 Finanzberater und etwa 1.200 Finanzinstitute und verwaltet Vermögenswerte in Höhe von etwa 1,7 Billionen Dollar im Bereich Brokerage und Beratung für etwa 6 Millionen Amerikaner.
- Manages $1.7 trillion in brokerage and advisory assets
- Services 28,000+ financial advisors and 1,200 financial institutions
- Serves approximately 6 million American clients
- None.
SAN DIEGO, Dec. 16, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that Marc Cohen has been promoted to managing director, Business Strategy and Innovation, and has joined the LPL Financial Management Committee. In this role, Marc will continue to lead the development of the firm’s corporate strategy and expand his responsibilities to include leading business line and affiliation strategy for independent advisors, large enterprises and institutional channels. In addition, Cohen now leads the company’s business services offerings and innovation lab for emerging solutions.
“Marc is an entrepreneur by nature whose innovative thinking has helped reimagine the strategic evolution of our firm, including how advisors and institutions scale their businesses with LPL as their partner,” said LPL Financial CEO Rich Steinmeier. “Respected for his stewardship of independence in the advisor-mediated marketplace, Marc’s expertise elevates the experiences we bring to our clients in every stage of their business and strengthens LPL’s leadership in wealth management through differentiated solutions and innovative strategies.”
From serving as an architect of many of the highest profile wirehouse breakaways in the industry, to supporting their journey as business owners through strategy development, evolving operational and compliance requirements, succession planning and exit strategies, Cohen has helped countless successful advisors become successful entrepreneurs.
“My commitment to this industry and to LPL is grounded in the rewarding work of guiding advisors towards building thriving businesses to achieve their personal definitions of success,” said Cohen. “I’m grateful for the opportunity to continue scaling our strategies and exploring the innovative ways that LPL can better serve our clients to help them embrace their own entrepreneurial opportunities.”
Cohen joined LPL in 2018 to help lead the firm’s development of new advisor affiliation models, expanding LPL’s attractiveness to wirehouse breakaways and RIAs. From there, his role evolved to run corporate strategy and further develop creative and innovative ways for LPL to partner with advisors throughout their lifecycle, including the firm’s Liquidity & Succession offering.
About LPL Financial
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, LPL supports more than 28,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately
Securities and Advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor. Member FINRA/SIPC.
LPL Financial and its affiliated companies provide financial services only from the United States.
Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.
We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.
Media Contact:
Media.relations@LPLFinancial.com
(402) 740-2047
FAQ
What new role did Marc Cohen receive at LPL Financial (LPLA) in December 2024?
How much in assets does LPL Financial (LPLA) currently manage?
How many financial advisors does LPL Financial (LPLA) support?
What was Marc Cohen's role when he joined LPL Financial (LPLA) in 2018?
How many clients does LPL Financial (LPLA) serve?
