LPL Financial announced Tuesday that Dan Arnold, currently head of strategy for the largest independent broker-dealer, has been named chief financial officer of the company, the latest step in a management reorganization that has played out over the last few months.
In assuming the CFO position effective June 15, Arnold replaces Robert Moore, who became LPL's president (replacing LPL veteran Esther Stearns, who took a new job at the company) and COO on May 1.
Following what Arnold said in a Tuesday interview would be a three-month "deliberate and thoughtful" transition period, he will begin reporting to Mark Casady, chairman and CEO of LPL.
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James J. Green
Jamie Green is editor of Jamie Green Reports, an advisor-focused writing, editing and shepherding service. He can be reached at [email protected]. Jamie is former Group Editorial Director of the Investment Advisory Group at ALM Media, where he had overall editorial responsibility for ThinkAdvisor.com and Investment Advisor and Research on Wealth magazines, monthly print magazines that have served advisors of all kinds for more than 30 years. In more than 30 years of experience in print and electronic journalism, Jamie has been covering the investment advisory industry since 1999. In the 1990s he worked for nine years at The New York Times, where he was editor of TimesFax, an electronic version of the newspaper of record now known as TimesDigest. In the 1980s he was editor of Tele/Scope, a pioneering electronic news service based in New York, and was editor of Telecommunications Research, a monthly journal. He holds a bachelor's degree in philosophy from St. Hyacinth College in Granby, Massachusetts, and studied theology on the graduate level at St. Anthony-on-the-Hudson, Rensselaer, New York.
