VP II, Direct Business, Technology Product Management

LPL is committed to enabling advisors to grow their businesses by delivering a world-class Wealth Management Platform. Our vision is to lead the advisor-mediated market by offering differentiated, end-to-end solutions that enrich our clients' value proposition and meet advisors where they are in their evolution. Direct Business product and platforms at LPL Financial enable advisors to purchase investment products, such as annuities, 529 plans, turnkey asset management programs (TAMPs), mutual funds, and retirement plans, directly from product sponsors. This model offers flexibility and choice for LPL financial advisors and plays a critical role in supporting advisor practice management growth.

Job Overview

The VP II, Direct Business, Technology Product Management is a key leader within the Wealth Management Platform team. This role is responsible for developing and executing product strategies that support non-custody investment products and direct investment options, including mutual funds, annuities, insurance products, TAMPs, and advisor retirement business.

This leader will build cross-functional partnerships across LPL's business and technology teams to research, design, and implement end-to-end strategies, user experiences, and go-to-market plans. The VP II will also lead roadmap development and execution, ensuring alignment with enterprise goals and delivering measurable outcomes that enhance advisor experience and operational efficiency.

To be successful in this role, the ideal candidate must have a passion for modern product management, embracing modern technology solutions and capabilities, a consulting mindset, and a deep understanding of financial services and regulatory environments. The ability to communicate clearly with senior leaders, drive execution, and measure success is essential.

Responsibilities

• Develop and deliver the Direct Business & Retirement product portfolio, focusing on advisor experience, operational efficiency, and scalable technology solutions.
• Collaborate with cross-functional teams to ensure continuous improvement and innovation, driving adoption and market differentiation.
• Partner with internal operations, vendors, and technical teams to align goals and priorities, manage backlogs, and deliver on commitments.
• Lead strategic initiatives through effective governance, stakeholder engagement, and transparent execution.
• Create and maintain roadmaps, execution plans, and performance metrics that support continuous learning and improvement.
• Prepare SVP+ and C-suite-ready presentations and reports on strategic initiatives and product performance

Requirements

• 12 or more years of experience in product management roles, preferably within a broker-dealer, RIA, investment, or financial services firm.
• 10 or more years of experience leading high-performing teams in an agile environment.
• Strong expertise in building distributed cloud native products and applications, handling complexities processing external and internal data for workflows, managing operational efficiency, data controls, satisfying supervision and compliance needs, as well as advisor and investor experience.
• Experience managing data integrations with industry standard sources, such as NSCC, as well as proprietary interfaces, custodian feeds, TAMPs sponsors, and others.
• Strong understanding of advisor business models, including wealth management, retirement plans, and participant advice within retirement space
• Effective communication skills, both written and oral, with the ability to present to senior leadership and serve as a subject matter expert.
• Demonstrated business acumen and ability to develop and gain approval for business cases and funding requests.
• Strong analytical skills with the ability to evaluate opportunities and measure results against objectives.
• Experience in organizational change management and working across teams without direct authority.
• Ability to anticipate, identify, and manage risks across the business and technology landscape.

Core Competencies

• Strategic thinking and entrepreneurial mindset.
• Expert consensus builder and change agent.
• Deep understanding of modern technologies and design patterns implementing product solutions in financial industry
• Ability to create and articulate a compelling product vision and strategy.
• Experience and understanding of Agile software development methodology and financial services regulation environment.
• Passion for delivering engaging and valuable advisor experiences.

Pay Range:

$151,800-$253,000/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. LPL supports over 29,000 financial advisors and the wealth-management practices of 1,100 financial institution, servicing and custodying approximately $1.9 trillion in brokerage and advisory assets on behalf of approximately 7 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.

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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