Business Development Associate New Grad
About the job
- A Bachelor's degree in Business, Finance, or related areas is required.
- Ability to communicate effectively with leadership, field recruiting professionals, and internal recruiters.
- Must work in the office three days per week, Tuesday through Thursday.
- Ability to travel twice per year for training.
- Experience with Microsoft Word, Microsoft Excel, Microsoft PowerPoint, Salesforce, and Microsoft Outlook.
- Experience or understanding of broker-dealers, advisory, finance, or sales principles.
- Prospect financial advisors to gauge or create interest in meeting with an LPL recruiter.
- Use the news cycle, territory makeup, and direction from recruiters and leaders to execute weekly prospecting campaigns.
- Use independent judgment to qualify leads and determine whether they should be introduced to the pipeline by presenting them to the Internal Regional Director or field Regional Director.
- Complete 100 outreach attempts per day through primarily cold calls, as well as individual emails and LinkedIn social-media outreach.
- Use Salesforce.com to track individual key performance indicators and understand the impact of lead flow on the territory funnel and results.
- Develop the skills, knowledge base, and industry experience needed to qualify for the next-level Internal Regional Director opportunity.
- Ability to build rapport quickly, primarily through phone-based communication.
- Ability to consistently achieve sales targets.
- Ability to work collaboratively in a fast-paced environment and support creativity and continuous improvement.
About the company
LPL Financial runs the largest independent broker-dealer network in the United States, providing a platform of services and support to financial advisors and institutions. It helps advisors manage client wealth by offering technology, research, clearing and compliance services, and practice management programs. Advisors access a flexible, non-proprietary environment where they can tailor financial recommendations for clients, with revenue coming from fees for services, securities commissions, and asset-based fees. The company supports more than 28,000 financial advisors and oversees over a trillion dollars in advisory and brokerage assets, distinguishing itself through its breadth of back-office capabilities, scalable platform, and emphasis on independence for its advisors. Its goal is to enable independent financial advisors to grow their businesses and deliver personalized investment solutions to their clients.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Diego, California
Founded
1989
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Simplify's Take
What believers are saying
- Q2 2026 net income rose 39% to $379 million, with EPS at $4.74.
- Total client assets reached $2.6 trillion in August 2026, with $13.5 billion organic net new assets.
- LPL hired Jonathan Lewis on August 24, 2026 to accelerate AI and platform modernization.
What critics are saying
- FINRA cited LPL for supervisory failures after the January 17, 2025 SEC anti-money-laundering order.
- The April 2026 breach hit 1,581 client accounts through phishing malware on advisor devices.
- Rapid growth raises integration risk; a platform outage or compliance scandal damages the franchise fast.
What makes LPL Financial Holdings unique
- LPL's Latitude platform centralizes workflows, data, cybersecurity, and embedded AI for advisors.
- The firm supports 32,000 advisors across 1,100 institutions, creating unmatched distribution scale.
- Advisor autonomy plus Linsco and RIA platforms attracts breakaway teams from Wells Fargo and Raymond James.
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Benefits
Health Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Stock Options
Wellness Program
Company News
Why is LPL Financial (LPLA) stock soaring today. Kayode omotosho /. September 25, 2026 What happened? Shares of independent financial services firm LPL Financial (NASDAQ:LPLA) jumped 5.1% in the afternoon session after the company reported that total client assets reached $2.60 trillion at the end of August 2026, up $55.3 billion, or 2.2%, from July. According to the company's monthly activity release, total organic net new assets were $13.5 billion for the month, a 6.4% annualized growth rate, while client cash balances rose to $54.4 billion. Separately, LPL said financial advisors Jon Burnett, Dan Fowler, and Chad Carlile rejoined its platforms from Raymond James' independent advisor channel, bringing about $430 million in advisory, brokerage, and retirement-plan assets, InvestmentNews reported. Strong organic asset growth and advisor recruiting typically support shares of independent broker-dealers because both expand the fee base. After the initial pop, the shares cooled down to $314.47, up 3.9% from the previous close. What is the market telling us. LPL Financial's shares are not very volatile and have only had 6 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The previous big move we wrote about was 3 days ago when the stock dropped 6.3% on the news that investors kept bidding the group lower after last week's Federal Reserve hike. On September 16, the Fed raised the federal funds target range by 25 basis points to 3.75%-4.00%, its first increase since 2023, according to the Federal Reserve's FOMC statement. The Fed said economic activity and domestic spending remain resilient, but stressed that inflation is still elevated and that the increase is intended to support a return to its 2% inflation goal. Higher policy rates can lift yields on interest-earning assets for some lenders. The tape has stayed focused on the less favorable side of a more restrictive backdrop: slower loan demand, higher borrowing costs for consumers and businesses, potential credit deterioration, and softer capital-markets activity. Those risks are still being marked into growth-sensitive financial earnings, which is why the selling has not stopped at last Wednesday's announcement. LPL Financial is down 13% since the beginning of the year, and at $314.47 per share, it is trading 20% below its 52-week high of $393.25 from February 2026. Despite the year-to-date decline, investors who bought $1,000 worth of LPL Financial's shares 5 years ago would now be looking at an investment worth $1,952. ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who's building AI, one company is already using it to print money. And nobody's paying attention. AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won't last. The institutions will figure it out. You need to see this first. Read the FREE Report Before They Notice.
LPL Financial welcomes Horizon Wealth Management Group. Published on 09/15/2026 at 08:55 am EDT GlobeNewswire SAN DIEGO, Sept. 15, 2026 (GLOBE NEWSWIRE) - LPL Financial LLC announced today that financial advisors Bill Wagner, CFP(R), RICP(R), Scott Sennett and Andrew Kocukov of Horizon Wealth Management Group have joined LPL Financial's broker-dealer and Registered Investment Advisor (RIA) platforms. The team reported serving approximately $385 million in advisory, brokerage and retirement plan assets* and joins LPL from Wells Fargo Advisors Financial Network. Based in Wichita, Kan., Horizon Wealth Management Group serves clients through a comprehensive, planning-based approach focused on helping individuals and families navigate retirement with confidence. The ensemble practice combines the expertise of three partners and Operations Manager Julie Starns to deliver personalized guidance that extends beyond traditional investment management. The team's clients are primarily retirees and individuals approaching retirement, with a majority of the practice focused on helping clients manage the distribution phase of their financial lives. At the core of the firm's philosophy is a commitment to understanding "the why behind the what" before making recommendations. Through detailed financial planning, retirement income strategies, estate planning guidance, long-term care discussions and ongoing support, the team works to help clients address both the financial and personal aspects of retirement. "We believe successful retirement planning is about much more than managing money," Wagner said. "It's about helping people create a fulfilling life after they leave the workforce and ensuring they have a strategy in place to support the future they envision. Every recommendation starts with understanding what's important to our clients and the goals they want to accomplish. That level of planning helps us build deeper relationships and provide guidance that extends well beyond investment management." The firm's team-based approach enables Horizon Wealth Management Group to provide specialized expertise across multiple areas of financial planning. Together, the team collaborates on estate planning and client strategy discussions, allowing them to deliver comprehensive service while remaining highly accessible to clients. Why Horizon Wealth Management Group Chose LPL The team selected LPL for its advanced technology, robust financial planning capabilities and dedicated service model. As Horizon Wealth Management Group evaluated potential partners, the advisors sought a platform that would enable them to operate more efficiently, enhance client service and support their planning-focused business model. "We spent significant time researching potential partners and ultimately felt LPL was best positioned to support both our team and our clients," Wagner said. "The technology is exceptional, and the financial planning tools align closely with our approach. The dedicated service model will help us deliver an even better client experience. Having direct access to a consistent service team means faster answers, greater efficiency and more time spent where it matters most: helping families pursue their goals." Marc Cohen, Chief Growth Officer at LPL Financial, said, "What stands out about Horizon Wealth Management Group is the team's belief that meaningful advice begins with understanding each client's goals, priorities, and vision for the future. Bill, Scott, and Andrew bring distinct expertise to that work, operating as one team so clients benefit from the collective experience and dedication of the entire firm. We're honored to welcome Horizon Wealth Management Group to LPL and look forward to supporting the team as they expand their impact while preserving the valued relationships that have shaped their success." Advisors, learn how LPL Financial can help take your business to the next level. About LPL Financial 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 more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.6 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. Securities and advisory services offered through LPL Financial LLC ("LPL Financial"), a registered investment advisor and broker-dealer, member FINRA/SIPC. Horizon Wealth Management Group and LPL Financial are separate entities. 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. We routinely disclose information that may be important to shareholders in the "Investor Relations" or "Press Releases" section of our website. *Value approximated based on asset and holding details provided to LPL from end of year, 2025. Media Contact: [email protected] Tracking # 1173772 (C) GlobeNewswire - 2026
LPL Financial welcomes Horizon Wealth Management Group. "LPL's technology is exceptional, the financial planning tools align closely with our approach and the dedicated service model will help us deliver an even better client experience." - Bill Wagner Last Edited by: LPL Financial Last Updated: September 15, 2026 SAN DIEGO - September 15, 2026 - LPL Financial LLC announced today that financial advisors Bill Wagner, CFP(R), RICP(R), Scott Sennett and Andrew Kocukov of Horizon Wealth Management Group have joined LPL Financial's broker-dealer and Registered Investment Advisor (RIA) platforms. The team reported serving approximately $385 million in advisory, brokerage and retirement plan assets* and joins LPL from Wells Fargo Advisors Financial Network. Based in Wichita, Kan., Horizon Wealth Management Group serves clients through a comprehensive, planning-based approach focused on helping individuals and families navigate retirement with confidence. The ensemble practice combines the expertise of three partners and Operations Manager Julie Starns to deliver personalized guidance that extends beyond traditional investment management. The team's clients are primarily retirees and individuals approaching retirement, with a majority of the practice focused on helping clients manage the distribution phase of their financial lives. At the core of the firm's philosophy is a commitment to understanding "the why behind the what" before making recommendations. Through detailed financial planning, retirement income strategies, estate planning guidance, long-term care discussions and ongoing support, the team works to help clients address both the financial and personal aspects of retirement. "We believe successful retirement planning is about much more than managing money," Wagner said. "It's about helping people create a fulfilling life after they leave the workforce and ensuring they have a strategy in place to support the future they envision. Every recommendation starts with understanding what's important to our clients and the goals they want to accomplish. That level of planning helps us build deeper relationships and provide guidance that extends well beyond investment management." The firm's team-based approach enables Horizon Wealth Management Group to provide specialized expertise across multiple areas of financial planning. Together, the team collaborates on estate planning and client strategy discussions, allowing them to deliver comprehensive service while remaining highly accessible to clients. Why Horizon Wealth Management Group chose LPL. The team selected LPL for its advanced technology, robust financial planning capabilities and dedicated service model. As Horizon Wealth Management Group evaluated potential partners, the advisors sought a platform that would enable them to operate more efficiently, enhance client service and support their planning-focused business model. "We spent significant time researching potential partners and ultimately felt LPL was best positioned to support both our team and our clients," Wagner said. "The technology is exceptional, and the financial planning tools align closely with our approach. The dedicated service model will help us deliver an even better client experience. Having direct access to a consistent service team means faster answers, greater efficiency and more time spent where it matters most: helping families pursue their goals." Marc Cohen, Chief Growth Officer at LPL Financial, said, "What stands out about Horizon Wealth Management Group is the team's belief that meaningful advice begins with understanding each client's goals, priorities, and vision for the future. Bill, Scott, and Andrew bring distinct expertise to that work, operating as one team so clients benefit from the collective experience and dedication of the entire firm. We're honored to welcome Horizon Wealth Management Group to LPL and look forward to supporting the team as they expand their impact while preserving the valued relationships that have shaped their success." About LPL Financial. 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 more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.6 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. Securities and advisory services offered through LPL Financial LLC ("LPL Financial"), a registered investment advisor and broker-dealer, member FINRA/SIPC. Horizon Wealth Management Group and LPL Financial are separate entities. 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. LPL Financial routinely disclose information that may be important to shareholders in the "Investor Relations" or "Press Releases" section of its website. *Value approximated based on asset and holding details provided to LPL from end of year, 2025.
LPL Financial welcomes Northstar Financial Advisors, LLC. "LPL gives us the flexibility and resources to operate the way we believe is best for our clients, while providing the technology and support to help our team work more efficiently." - Jeneen Slack Last Edited by: LPL Financial Last Updated: September 10, 2026 SAN DIEGO - September 10, 2026 - LPL Financial LLC announced today that financial advisor Jeneen Slack, CFP(R), CDFA(R), founder and partner of Northstar Financial Advisors, LLC, has joined LPL Financial's broker-dealer and Registered Investment Advisor (RIA) platform. Slack reported serving more than $270 million in client assets* and joins LPL from Raymond James. With nearly 20 years of industry experience, Slack built her practice on a belief that financial advice is most impactful when it is rooted in strong personal relationships. Initially inspired by a desire to help women feel more confident discussing and managing their finances, her approach today is centered on helping individuals and families make informed decisions about their financial futures. Based in Danville, Calif., Slack serves a diverse clientele throughout the Bay Area, including professionals, families, retirees and individuals navigating major life transitions. As a Certified Divorce Financial Analyst (CDFA(R), she specializes in helping clients understand the financial implications of divorce and supporting their long-term planning needs beyond the process itself. "Relationships are truly at the heart of everything we do at Northstar," Slack said. "We've intentionally built a personalized service model where every member of our team knows our clients personally and understands what matters most to them. Whether we're helping someone navigate retirement, prepare a child for financial independence or make complex decisions during a divorce, our goal is to provide guidance that evolves alongside our clients' lives." Slack, along with her business partner and fellow financial advisor Eric Slack, is supported by Kari Jeha, Jon Lee and V. John Threlkeld. Together, they bring decades of combined industry experience and a hands-on approach focused on delivering individualized service. Beyond working with clients, the practice is deeply committed to community engagement - regularly hosting educational workshops, retirement planning programs and client events designed to foster deeper connections and financial literacy. Why Northstar Financial Advisors chose LPL. As she looked ahead to the next chapter of her career, Slack sought a partner that would give her the flexibility to build Northstar around her vision for the future while providing the scale and resources of a leading financial services firm. She was particularly attracted to LPL's commitment to innovation, its advanced technology capabilities and the depth of support available to established advisors. "I'm at a point in my career where I wanted a partner that is continually investing in the future of advice," Slack said. "LPL gives us the flexibility and resources to operate the way we believe is best for our clients, while providing the technology and support to help our team work more efficiently. That combination allows us to focus on what matters most - delivering thoughtful, personalized guidance and maintaining the strong relationships we've built with our clients." Marc Cohen, Chief Growth Officer at LPL Financial, said, "What Jeneen has built at Northstar is personal by design. She and her team take the time to know their clients, helping women engage more confidently with their finances and guiding individuals and families through the decisions and transitions that shape their lives. We are honored that Jeneen chose LPL for Northstar's next chapter and look forward to helping the team extend that experience to more clients." About LPL Financial. 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 more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.6 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. Securities and advisory services offered through LPL Financial LLC ("LPL Financial"), a registered investment advisor and broker-dealer, member FINRA/SIPC. Northstar Financial Advisors and LPL Financial are separate entities. LPL Financial does not offer tax advice or tax preparation services. 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. LPL Financial routinely disclose information that may be important to shareholders in the "Investor Relations" or "Press Releases" section of its website. *Value approximated based on asset and holding details provided to LPL from end of year, 2025.
LPL welcomes ClearHaven Wealth Management to Linsco. "Linsco provided the right balance, allowing us to focus on what we do best, serving clients, without having to manage all the responsibilities that come with owning and operating a standalone business." - Dan Hocking Last Edited by: LPL Financial Last Updated: September 01, 2026 SAN DIEGO - September 1, 2026 - LPL Financial LLC announced today that financial advisors Ryan Lewis, Dan Hocking and Steve Braatz have joined Linsco by LPL Financial to launch ClearHaven Wealth Management. The team reported serving approximately $395 million in advisory, brokerage and retirement plan assets.* Lewis joins LPL from Morgan Stanley and Hocking and Braatz from RBC Wealth Management. Based in Minnesota, ClearHaven Wealth Management serves high-net-worth individuals and families, many of whom represent multigenerational client relationships spanning decades. The team primarily works with clients who are approaching or living in retirement, helping them navigate investment management, wealth preservation and long-term financial planning. The advisors take a highly personalized approach built on accessibility, responsiveness and enduring client relationships. The practice is supported by LPL Registered Administrative Assistant Cade Nelson and administrative professional Nikki Hocking. ClearHaven Wealth Management's roots run deep. Lewis and Braatz have known each other since childhood and have spent much of their careers working together to serve clients and grow their practices. The team also includes second-generation financial advisors who have built upon family legacies by serving clients across multiple generations. "We've built our practice around relationships and collaboration," said Lewis. "Many of our clients are families we've worked with across multiple generations and we take seriously the responsibility of helping them pursue their financial goals. Our approach is grounded in thoughtful investment management, open communication and a commitment to putting clients' interests first." The team operates with a collaborative structure that combines relationship management and portfolio oversight. While maintaining a boutique feel, the advisors strive to provide a high-touch client experience designed to deliver personal attention and tailored financial guidance. Why ClearHaven Wealth Management chose LPL. The ClearHaven Wealth Management team selected LPL for its ability to provide advisor autonomy without the operational burden of running an independent business. The advisors were particularly attracted to LPL's technology, support resources and opportunity to build their own brand while focusing on serving clients. "We wanted the flexibility to create our own identity and operate an autonomous practice while still having access to the resources, infrastructure and support of a leading firm," said Hocking. "LPL provided the right balance, allowing us to focus on what we do best, serving clients, without having to manage all the responsibilities that come with owning and operating a standalone business." "LPL offered the best of both worlds," Braatz added. "We wanted the flexibility to run an autonomous practice and build our own brand without taking on the administrative responsibilities that come with operating an independent business. With LPL's support, we can stay focused on serving clients while continuing to grow our practice." LPL Chief Growth Officer Marc Cohen said, "We are pleased to welcome ClearHaven Wealth Management to LPL Financial. The story behind ClearHaven is one of partnership, legacy, and enduring client relationships. Ryan, Dan, and Steve have built a practice rooted in value and dedicated to helping families navigate their financial futures across generations. We're proud to support them with the flexibility, resources, and capabilities to continue delivering a personalized experience while building for the future." About LPL Financial. 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 more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.6 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. Securities and advisory services offered through LPL Financial LLC ("LPL Financial"), a registered investment advisor and broker-dealer, 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. LPL Financial routinely disclose information that may be important to shareholders in the "Investor Relations" or "Press Releases" section of its website. *Value approximated based on asset and holding details provided to LPL from end of year, 2025.