SVP, Associate General Counsel – Broker-Dealer Regulatory Compliance

LPL Financial•Fort Mill, SC

2d•$213,313 - $355,453

About The Position

LPL Financial seeks an experienced attorney to join its corporate legal advice team as Senior Vice President, Associate General Counsel. This SVP will report to the Executive Vice President responsible for providing strategic legal advice to various business units. This team focuses primarily on LPL’s broker-dealer and custodial platform business, while also supporting the investment advisory business. This leader serves as a strategic partner to senior leadership, shaping legal and regulatory strategy for LPL’s broker-dealer and advisory platforms. The role also advises Compliance, Supervision, and Risk, as well as Business Development (recruiting) and Corporate Development (M&A), on regulatory compliance related to these activities. The ideal candidate thrives in a fast-paced business environment and can manage a substantial docket autonomously.

Requirements

At least 10 years of relevant experience at a law firm counseling the financial services industry, specifically broker-dealer and retail investment advisory businesses, in areas such as federal, state, and SRO regulatory compliance, enforcement defense, and/or agency or private civil litigation/arbitration defense.
Recognized as a trusted advisor by senior leaders in complex, highly regulated environments
Expertise in the regulatory framework governing broker-dealers and investment advisers, including SEC and FINRA oversight
Working knowledge of federal securities laws, the rulemaking process, regulatory notices, interpretive guidance, and agency interpretations
Ability to advise on emerging areas such as AI-enabled advice tools, digital assets, and evolving regulatory frameworks impacting next-generation wealth platforms
Demonstrated ability to lead and develop high-performing teams of attorneys, setting direction, elevating talent, and building a best-in-class legal function aligned to business growth

Nice To Haves

In-house experience within a leading financial services firm
Experience drafting, filing, and managing continuing membership applications with FINRA
Demonstrated success representing financial services firms in enforcement proceedings, federal and state court matters, SRO arbitrations, and administrative proceedings
Working knowledge of alternative investments, including hedge funds, venture capital funds, private equity funds, public non-traded products, business development companies, and private placements

Responsibilities

Provide day-to-day legal support for LPL’s financial services business, including legal analysis and advice related to compliance with applicable rules, regulations, and legal risks impacting brokerage and investment advisory activities
Review, revise, and develop internal policies and procedures in response to business initiatives and regulatory developments
Conduct legal research and draft memoranda related to compliance with applicable laws, rules, and regulations
Collaborate with members of the Legal Department and business units, including Supervision, Compliance, and Risk
Manage a team of experienced attorneys aligned to LPL’s brokerage and control-based business lines
Provide strategic counsel on M&A transactions and regulatory approval processes
Advise on due diligence standards and establish protocols for the onboarding and distribution of alternative investments