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CHARLOTTE, N.C., Sept. 22, 2022 (GLOBE NEWSWIRE) -- LPL Financial , LLC today announced that the firm won the Gold award from Brandon Hall Group in Best Advance in Leadership Development for LPL's Emerging Leaders Program (ELP), designed to enhance and develop high performing talent while ensuring LPL is building a culturally aligned, inclusive leadership team. LPL was awarded the gold based on program criteria that included: design and delivery; adoption; measurable benefits; and overall positive impact on participants and the firm.
LPL President and CEO Dan Arnold sponsored the launch of LPL's ELP in 2017 with the aim to align accelerated leadership development and LPL's culture of belonging with a focus on nurturing diverse pools of talent. Redesigned in 2021, ELP today makes immersive and experiential learning available to approximately 600 program alumni to enhance strategic agility, empathetic leadership and operational excellence. Established LPL leaders and alumni work with participants to develop real world expertise in a community environment that allows them to network, collaborate and support one another.
“At LPL, we are focused on developing a people-first leadership mindset that advances our culture, and the Emerging Leaders Program is one way we can help future leaders exemplify LPL's values and focus on purpose-driven outcomes,” said Sallie Larsen Managing Director and Chief Human Capital Officer at LPL Financial.“By providing learning and leadership development experiences for high performing employees, we're investing in our top talent while maximizing diversity, equity and inclusion across the firm. ELP is a clear example of our people-first strategy to identify, develop and retain the best talent in the industry, as well as build a future succession bench.”
LPL's ELP uses an intentional and measurable participant selection process to build a pipeline of top talent who demonstrate the values that define LPL's culture. Senior leadership is actively committed to investing in emerging leaders by serving as teachers and prioritizing diverse participation. The firm plans to continue to use data analytics to track interest and measurable benefits as to its strong return on investment in talent.
“Being formally recognized by Brandon Hall is gratifying,” added Melissa Master-Holder, senior vice president, Leadership Development at LPL Financial.“The Emerging Leaders Program began as an opportunity for our leaders to actively engage with top performing talent to shape the future of LPL. We've been fortunate to have a leadership team that lives its commitment to empower the next generation. By shifting to a leaders-as-coaches methodology, we are actively creating a culture of community that thrives by learning from differences as a source of strength.”
As part of The Excellence Awards – Recognition for HR, Talent and Learning, winners will be formally recognized January 31-Feburary 2, 2023 at the Brandon Hall Group's Human Capital Management Excellence Conference at the Hilton West Palm Beach, Florida.
About LPL Financial:
LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader in the markets we serve,* supporting nearly 21,000 financial advisors, and approximately 1,100 institution-based investment programs and 500 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.
*Top RIA custodian (Cerulli Associates, 2020 U.S. RIA Marketplace Report); No. 1 Independent Broker-Dealer in the U.S. (Based on total revenues, Financial Planning magazine 1996-2022); among third-party providers of brokerage services to banks and credit unions, No. 1 in AUM Growth from Financial Institutions; No. 1 in Market Share of AUM from Financial Institutions; No. 1 in Market Share of Revenue from Financial Institutions; No. 1 on Financial Institution Market Share; No. 1 on Share of Advisors. (2021-2022 Kehrer Bielan Research & Consulting Annual TPM Report). Fortune 500 as of June 2021.
LPL and its affiliated companies provide financial services only from the United States.
Securities and advisory services offered through LPL Financial LLC, a registered broker-dealer and investment advisor. Member FINRA/SIPC.
Throughout this communication, the terms“financial advisors” and“advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC. We routinely disclose information that may be important to shareholders in the“Investor Relations” or“Press Releases” section of our website.
Brandon Hall Group and LPL Financial are separate entities.
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