LPL Financial LLC announced today that financial advisors James Sheehan CFP, CPWA, and Shawn Tighe CFP, have joined LPL Financials broker-dealer, RIA and custodial platforms. They become the 30 team to join LPL Strategic Wealth Services, the firms modern supported independent solution that enables advisors to grow their business according to their vision. The advisors reported having served approximately $450 million in advisory and brokerage assets*, and they join LPL from Raymond James.Sheehan is a veteran of the financial services industry with more than 25 years of experience. Hes also a decorated U.S. Marine Corps veteran, serving since 1993, holding the rank of Major. His passion for both careers is

LPL Financial LLC announced today that financial advisors James Sheehan CFP, CPWA, and Shawn Tighe CFP, have joined LPL Financials broker-dealer, RIA and custodial platforms. They become the 30 team to join LPL Strategic Wealth Services, the firms modern supported independent solution that enables advisors to grow their business according to their vision. The advisors reported having served approximately $450 million in advisory and brokerage assets*, and they join LPL from Raymond James. Sheehan is a veteran of the financial services industry with more than 25 years of experience. Hes also a decorated U.S. Marine Corps veteran, serving since 1993, holding the rank of Major. His passion for both careers is fueled by the joy he gets from helping people. Known for his consistency and attention to detail, Sheehan has significant experience in retirement income planning, estate and charitable planning, tax planning, education planning, asset management and liability management.
Tighe joined the industry in 2013 and has an extensive knowledge of market conditions. His focus is to help clients with personalized investment management, retirement planning and generational wealth transfer. He also has experience working with business owners and brings a unique perspective, having observed his own family’s business from a young age.
“Shawn and I work well together combining our intellectual capital,” Sheehan said. “We share conservative investment values and a financial planning background, along with a commitment to service. It is our mission every day to make a meaningful difference in the lives of our clients by helping them work toward financial security and more confidence.”
The advisors specialize in serving the financial needs of corporate executives and energy industry professionals, with the bulk of their clientele at ExxonMobil. They are guided by six core principles: trust, integrity, stability, stewardship, service and communication.
Looking to enhance their practice, elevate service experiences and become more of a family office, Sheehan Wealth Partners chose to move to LPL.
“After considering all available options, we concluded that the needs of our clients and firm would be best served by partnering with LPL Financial,” Sheehan said. “Ultimately, we want to provide more services to our clients and we believe LPL will enable us to grow our team and deliver more experiences and enhance how we do business. We also appreciate LPL’s integrated technology and open architecture, along with access to better planning tools and client reporting.”

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LPL Financial | James Sheehan | Shawn Tighe | Financial Advisor | Americas

LPL Financial has named Rich Steinmeier as the official replacement for freshly ousted CEO Dan Arnold. Steinmeier has been serving as CEO of the independent broker-dealer powerhouse since Oct. 1, when Arnold was fired for failing to maintain a respectful workplace. Steinmeier joined the firm from UBS in 2018 and served as divisional president for business strategy and growth in his first six years before being appointed chief growth officer in May 2024. "The success of LPL is shaped by the clear-eyed view from our talented team that all Americans deserve access to sound financial advice," Steinmeier said in a statement. "It is an incredible honor to lead the company that delivers on this purpose." LPL also has been elected to its board of directors. "Richs appointment to CEO, which reflects the Boards succession plan, is a testament to the valuable contributions he has made during his tenure with LPL and the trusted relationships he has established with clients and employees," said Jim Putnam, the chairman of the LPL board. Steinmeiers appointment as permanent CEO of various industry analysts. In a note released shortly after , Steven Chubak of Wolfe Research wrote, "Steinmeier has been the primary architect of [LPLs] growth strategy in recent years, and the strong relationships he has fostered with [LPLs] advisors/enterprise partners has been instrumental to the companys success." Also on Monday, LPL announced that its board had named Matt Audette the firms president and chief financial officer. The new titles expand Audettes previous roles as chief financial officer and head of business operations, according to LPL. Audette joined LPL in 2015 from E-Trade, where he had also served as chief financial officer. He took on responsibility for the firms business operations in 2023. "Were operating from a position of strength with a leadership team that is sharply focused on supporting our clients success through innovative solutions," Audette said in a statement.

rich Steinmeier Takes Helm As Lpl Financial Ceo

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Matt Audette has been instrumental in leading financial operations and strategy at LPL Financial.

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Rich Steinmeier has held numerous leadership roles at LPL Financial and is recognized for his contributions towards the companys growth.

LPL Financial LLC, a leader in the wealth management industry, today announced that financial services industry veteran Cheri Belski has joined the firm as executive vice president and head of investment management solutions. Belski will be responsible for leading key investment efforts, including LPL Research, Investment Products and Advisory Platforms, as well as LPLs Retirement Partners business. Belski brings more than 25 years of experience to LPL, most recently having served as global head of product at T. Rowe Price, where she was responsible for setting the vision for the firms product development and their strategy in the private markets. At LPL she will be instrumental in driving strategic objectives and empowering the firms 23,000+ advisors and approximately 1,000 institutions to deliver exceptional advice and run thriving businesses through product differentiation and optionality. "We are thrilled to welcome Cheri to LPL," said Aneri Jambusaria, managing director of LPL Business and Wealth Solutions. "Her extensive experience and diverse background -- spanning sales, product, client service, distribution and operations -- make her the ideal leader to continue to evolve LPLs investment solutions and innovative services that help advisors meet the increasingly diverse and sophisticated needs of advisors and their clients. Cheri will guide the growth of our flagship Model Wealth Portfolios (MWP) offering, oversee the planned addition of 50 alternative investment products by the end of 2025, and help ensure sustained growth and excellence in all that we offer to advisors." At Focus 2024, LPL leaders highlighted the introduction of new products that will fall under Belskis purview, designed to meet the expanding and evolving needs of the American investor, including: Addressing advisors needs for lower-cost access to low-volatility managers and strategies, LPL now offers eight of the top ten ETF providers at no transaction charge. LPL Research has also launched coverage of active ETFs to help advisors assess managers to choose from in any market environment.LPL announced 200 new SMAs for the MWP platform, including more than 25 additional fixed income options. Advisors can now provide these options at lower fees while still providing an increased level of sophistication and customization that comes with owning securities directly.LPL highlighted advancements it continues to make in enabling advisors to incorporate more alternative strategies for their clients. This includes the addition of 12 new alts strategies, including hedge fund, drawdown, evergreen and tax deferral strategies. LPL plans to continue this expansion with an additional 50 alternative investment products by the end of 2025. Belski will be based at LPLs Fort Mill, S.C., office. She holds a bachelors degree in political science and Latin American studies from the University of Pittsburgh, an MBA in International Business from Johns Hopkins University, and FINRA licenses 3, 6, 7, 24, 53 and 63. About LPL Financial LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional. 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. Securities and Advisory services offered through LPL Financial LLC ("LPL Financial"), a registered investment advisor. Member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States.

Cheri Belski Joins LPL Financial as Head of Investment Management Solutions

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Cheri is the Head of Investment Management Solutions at LPL Financial, a position she has held since September 2024. Prior to this, she worked at T. Rowe Price from February 2001 to September 2024, where she held several roles including Global Head of Product, Head of Retirement for US Intermediaries, Vice President of US Intermediaries and Head of Integrated Sales, Vice President and Regional Branch Manager, and Vice President in the Advisory Services Group. She also served as an AVP, Sales Manager for Individual Investors, and an AVP, Sales Manager.

Cheri earned her MBA in International Business from The Johns Hopkins University - Carey Business School and holds a BA in Political Science and Latin American Studies from the University of Pittsburgh.

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LPL Financial | James Sheehan | Shawn Tighe | Financial Advisor | Americas

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