AVP, Associate Counsel

Are you a team player? Are you curious to learn? Are you interested in working on meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!

Job Overview :

The Legal Department at LPL Financial is looking for an attorney to support LPL and our financial professionals in providing financial services to clients across the United States. This attorney will provide advice on agreements, laws, and regulations that impact LPL’s support of vulnerable investors and changes in account status arising from death, divorce, or the use of trusts and powers of attorney. The role, Assistant Vice President, Associate Counsel, will work with an experienced team of lawyers to provide pragmatic legal advice and thought leadership to help LPL serve and protect investors. A successful candidate must be willing to learn new areas and have a background in either : broker-dealer regulation; or estates, divorce, and protecting vulnerable adults.

Responsibilities :

• Respond to legal and regulatory issues affecting LPL and financial professionals, with a primary focus on agreements, laws, and regulations impacting changes in an investors’ circumstances such as : death, marital status, legal capacity, exploitation, and vulnerability.
• Provide advice on SEC, FINRA, and state regulations on investor protection, trusted contacts, asset and transaction holds, privacy, and supervision pertaining to senior or vulnerable adults.
• Counsel LPL operations and financial professionals on issues arising from investors’ use of trusts, retirement accounts, powers of attorney, designation of beneficiaries, and appointment of custodians. Also, provide advice on the impact of probate, divorce, separation, guardianship, and other legal proceedings involving account holders.
• Counsel LPL operations and financial professionals on issues arising from laws and regulations protecting senior and vulnerable investors, uniform gifts to minors, and reporting requirements of state and local jurisdictions with regard to exploitation of vulnerable investors.
• These issues frequently involve state and local laws which are not uniform. The attorney must be able to deal with a wide range of laws and fact patterns. The circumstances that lead to these issues can be emotionally charged, time-sensitive, and require high emotional intelligence and prompt response. The attorney must actively provide sound advice on federal and state laws impacting LPL’s operations and investors.
• Partner with our operations and business colleagues and other members of our Compliance, Legal, and Risk teams to promptly and effectively respond to novel situations.

What are we looking for?

We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment are client-focused team-oriented , and are able to execute in a way that encourages creativity and continuous improvement

Requirements :

Core Competencies :

Pay Range :

128,900.00 - $214,900.00 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!

Why LPL?

At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation’s leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.

We are one team on one mission. We take care of our advisors, so they can take care of their clients.

We take social responsibility seriously. 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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Salary : $128,900 - $214,900