Sr. Supervisory Principal

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:

Sr. Supervisory Principal is responsible for serving as a supervision subject matter expert for LPL Financial Professionals across the country. This position will be responsible for supervising the appropriateness of transactions in brokerage and advisory accounts, ensuring advisors are meeting the standards and requirements of supervision set forth by regulatory agencies and the Firm.

Responsibilities:

• Review of securities transactions on the electronic trade blotter for suitability and compliance with regulations and firm policy.

• Review of account-level & Reg BI alerts for brokerage and advisory accounts using LPL’s electronic supervisory tool suite.

• Review and approval of account documentation and correspondence.

• Analysis of transaction activity and identification of potential sales practice concerns.

• Collaboration with Regional Supervisory Principals and other business partners to escalate and resolve sales practice concerns.

• Subject Matter Expertise:

  • Supervise activity within the Advisory and RIA business models

  • Review of full discretion and advisory fee credits/reversals

  • Supervisory oversight of MSRB securities (municipal bonds, 529 College Plans)

  • Supervisory oversight of Complex Products such as annuities, alternative investments, and structured products.

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:

• Undergraduate degree in Business, Accounting, Finance or related discipline

• 5+ year’s industry experience in a compliance related function

• Series 7, 24 (OR Series 9 AND 10); Series 4 AND 53 required OR must pass within 120 days of employment (for candidates with S24); Series 66 (OR Series 63 AND 65)

Core Competencies:

• Work within a team environment to identify potential sales practice concerns

• Provide consultative support to clients

• Provide awareness across all BRM departments of any investigations, escalations, or emerging risks involving advisors and OSJs

• Knowledge of mutual funds, annuities, general securities, and other financial products required

• Knowledge of FINRA, SEC, and State rules and regulations required

• Ability to work in a fast paced/high volume environment and be flexible with work schedule

• Ability to multi-task, strong attention to detail, excellent problem-solving and follow up skills

• Excellent oral and written communication skills

• Ability to make regulatory and supervisory-based decisions

• Proactive collaboration and service-based responses with business partners on escalated issues

• Ability to develop compliance systems and strategies for effective supervision

 

Pay Range:

$74,083-$123,471/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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