People: LPL Financial Holdings Inc (LPLA.O)

Summary

Name	Age	Since	Current Position
Mark Casady	52	2007	Chairman of the Board, Chief Executive Officer
Robert Moore	51	2013	President, Chief Operating Officer; President - Advisor and Institution Solutions at LPL Financial
James Putnam	58	2005	Independent Vice Chairman of the Board
Dan Arnold	48	2012	Chief Financial Officer
George White	43	2012	Chief Investment Officer, Managing Director - Research
Victor Fetter	44	2012	Chief Information Officer, Managing Director
Joan Khoury	49	2012	Chief Marketing Officer, Managing Director
John McDermott	56	2009	Chief Risk Officer, Managing Director
Stephanie Brown	60	2010	Managing Director, General Counsel, Secretary
Derek Bruton	45	2012	Managing Director, National Sales Manager - Independent Advisor Services
Mark Helliker	49	2008	Managing Director - Clearing and Compliance Services
J. Andrew Kalbaugh	49	2012	Managing Director - Institution Services
Sallie Larsen	59	2012	Chief Human Capital Officer, Managing Director
Allen Thorpe	42	2005	Lead Independent Director
Richard Boyce	58	2009	Independent Director
John Brennan	59	2010	Independent Director
Jeffrey Goldstein	57	2012	Independent Director
James Riepe	69	2008	Independent Director
Richard Schifter	60	2005	Independent Director
Jeffrey Stiefler	66	2006	Independent Director
Trap Kloman			Senior Vice President - Investor Relations

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Biographies

Name	Description
Mark Casady	Mr. Mark S. Casady is Chairman of the Board, Chief Executive Officer of LPL Financial Holdings Inc. He joined the Company in May 2002 as chief operating officer, became president in April 2003, and became chief executive officer and chairman in December 2005. Before joining the firm, Mr. Casady was managing director, mutual fund group for Deutsche Asset Management, Americas — formerly Scudder Investments. He joined Scudder in 1994 and held roles as managing director — Americas; head of global mutual fund group and head of defined contribution services. He was also a member of the Scudder, Stevens and Clark Board of Directors and Management Committee. He is former chairman and a current board member of the Insured Retirement Institute and serves on FINRA’s board of governors. Mr. Casady received his B.S. from Indiana University and his M.B.A. from DePaul University.
Robert Moore	Mr. Robert J. Moore is President, Chief Operating Officer of LPL Financial Holdings Inc., and President - Advisor and Institution Solutions at LPL Financial LLC, an indirect subsidiary of the Company. Mr. Moore has served as president of LPL Financial since May 2012. He joined the Company in 2008 as chief financial officer until his appointment as president and chief operating officer in May 2012. The title of chief operating officer was subsequently determined to be unnecessary to reflect Mr. Moore's role and responsibilities associated with his May 2012 appointment. Mr. Moore is focused on identifying and enhancing revenue opportunities, both through new business ventures and through the delivery of services that support the growth of customers. In this role, Mr. Moore oversees the firm’s Advisor and Institution Solutions business unit, which is comprised of several distinct business lines and services including: Custom Clearing Services, Corporate Development and Investment Platform Solutions, Investment and Planning Solutions, Strategic Investments, Fortigent and The Private Trust Company, Research, LPL Insurance Associates, and Marketing. Prior to joining LPL Financial, from 2006 to 2008, Mr. Moore served as chief executive officer and chief financial officer at ABN AMRO North America and LaSalle Bank Corporation. Before those roles, Mr. Moore worked for Diageo PLC, Europe and Great Britain, in a number of finance management positions, ultimately serving as chief financial officer. Mr. Moore has a B.B.A. in finance from the University of Texas, Austin and a M.M. in finance, marketing and international business from Northwestern University and is a Chartered Financial Analyst (CFA).
James Putnam	Mr. James S. Putnam is Independent Vice Chairman of the Board of LPL Financial Holdings Inc. He has been chief executive officer of Global Portfolio Advisors ("GPA"), a global brokerage clearing services provider, since September 2004. He has served on the board of directors of GPA since 1998, and has been vice chairman since December 2005. Prior to his tenure with GPA, Mr. Putnam was employed by LPL Financial beginning in 1983 where he held several positions, culminating in managing director of national sales, responsible for branch development, attraction, retention, and management of LPL Financial advisors. He was also responsible for marketing and all product sales. Mr. Putnam began his securities career as a retail representative with Dean Witter Reynolds in 1979. Mr. Putnam received a B.A. in Law Enforcement Administration from Western Illinois University.
Dan Arnold	Mr. Dan H. Arnold has been appointed as Chief Financial Officer of LPL Financial Holdings Inc., effective June 15, 2012. He is responsible for formulating financial policy, the Company's capital management efforts, and ensuring the effectiveness of the organization's financial functions. Before assuming this role in 2012, Mr. Arnold was managing director, head of strategy, with responsibility for developing long-term strategic plans and assessing the trends prevalent in the industry. He has also served as divisional president of Institution Services business. Mr. Arnold joined the firm in January 2007 following the acquisition of UVEST. Prior to joining the Company, Mr. Arnold worked at UVEST for 13 years, serving most recently as president and chief operating officer. Mr. Arnold is a graduate of Auburn University and holds an M.B.A. in finance from Georgia State University.
George White	Mr. George B. White is Managing Director - Research and Chief Investment Officer of LPL Financial Holdings Inc. He is responsible for the strategic direction and continued growth of the LPL Financial research platform. His role includes setting the vision for superior research capabilities and enabling the delivery of conflict-free, objective investment advice by LPL Financial advisors. Prior to joining the Company in 2007, Mr. White served as a managing director and director of research for Wachovia Securities for 10 years. Mr. White also was an investment analyst for Mercer Investment Consulting, where he provided investment advice to institutional clients. He started his financial services career on the buy side of the business as a research analyst for Thompson, Siegel, and Walmsley, a value-oriented asset manager. Mr. White received a B.B.A. from the College of William and Mary.
Victor Fetter	Mr. Victor P. Fetter is Managing Director, Chief Information Officer of LPL Financial Holdings Inc. Mr. Fetter has oversight of the LPL Financial Business Technology Services business unit. He is responsible for executing the company's commitment to investing in the people and processes necessary to deliver the technologies in the industry for LPL Financial advisors and employees. Prior to joining the Company in December 2012, Mr. Fetter was vice president and chief information officer for Dell Online, where he led the digital transformation of Dell's approach to providing global, multi-channel solutions for consumers and commercial customers. Earlier, Mr. Fetter worked at Mercer Human Resource Consulting, where he served as director of global applications development, chief information officer, and ultimately global chief information officer during his tenure. He held previous positions at Hewitt Associates LLC and Electronic Data Systems. Mr. Fetter has a B.S. in computer information systems from Spring Hill College in Mobile, AL.
Joan Khoury	Ms. Joan D. Khoury is Chief Marketing Officer, Managing Director of LPL Financial Holdings Inc. She is responsible for driving the company's overall marketing strategy, executing the programs necessary to drive profitable growth and innovation, and broadening the company's strategic reach. Ms. Khoury joined the Company in 2012 from Merrill Lynch, where she served as senior vice president and strategic marketing executive. Prior to this role, Ms. Khoury was senior vice president and global head of marketing, for Wachovia, Evergreen Investments; managing director and group head of the global marketing division for Bank of New York Mellon; and vice president, marketing manager, for Bank of America. She began her professional career managing marketing and communications for United Way in Macon, Georgia. Ms. Khoury earned a B.A. in business administration from Wesleyan College in Georgia.
John McDermott	Mr. John J. McDermott Jr., is Chief Risk Officer, Managing Director of LPL Financial Holdings Inc. Mr. McDermott joined the Company in July 2009 as managing director and chief risk officer. In this role, he is focused on optimizing resources dedicated to risk and compliance across the firm, building consistency, and continuing to strengthen all teams with a holistic and strategic approach. Prior to joining the Company, Mr. McDermott worked for 35 years at Merrill Lynch, where he held a series of leadership roles including global head of compliance and internal audit. Mr. McDermott has a B.A. from Wesleyan University and a J.D. from Rutgers University.
Stephanie Brown	Ms. Stephanie L. Brown is Managing Director, General Counsel and Secretary of LPL Financial Holdings Inc. Ms. Brown joined the Company in August 1989 and has been responsible for the Legal Department throughout her tenure. From 1989 to 2004, Ms. Brown was also responsible for Compliance organization. Ms. Brown is currently serving as a member of FINRA’s National Adjudicatory Council’s Statutory Disqualification Committee and also as a member of FINRA’s Independent Broker/Dealer and Membership Committees, the SIFMA Private Client Legal Committee, and the IRI Government Relations Committee. Ms Brown is also a member representative of the Financial Services Roundtable as well as a member of the Financial Services Roundtable’s Lawyers’ Council, the Regulatory Oversight Committee, and the Securities Working Group. Prior to joining the Company, Ms. Brown was an associate attorney with the law firm of Kelley Drye & Warren in Washington, D.C., specializing in corporate and securities law. Ms. Brown received her B.A. cum laude from Bryn Mawr College and her J.D. from the Catholic University of America.
Derek Bruton	Mr. Derek Bruton is Managing Director, National Sales Manager - Independent Advisor Services of LPL Financial Holdings Inc. He has responsibility for business development and business consulting for all independent advisors and registered investment advisors, and he is focused on driving advisor satisfaction, supporting the growth of their business, and serving as a key advocate for their needs. Mr. Bruton joined the Company in 2007 from TD Ameritrade Institutional, where he was managing director and national sales manager. Prior to that, Mr. Bruton worked as director of money manager services at Merrill Lynch from 2001 through 2005. From 1994 to 2001, he served in various sales and sales management positions with Charles Schwab Institutional. He received his B.A. in history and organizational behavior from Stanford University.
Mark Helliker	Mr. Mark R. Helliker is Managing Director - Clearing and Compliance Services of LPL Financial Holdings Inc. He leads the company's Broker/Dealer Support Services and Governance, Risk, & Compliance business units, two areas with service, process, and controls orientations. He is responsible for enhancing the customer experience by overseeing the day-to-day management of customer-side operations, new-advisor transitions, and enterprise-wide risk management processes. Prior to joining the Company, Mr. Helliker worked at Charles Schwab for 10 years, most recently as senior vice president of Charles Schwab Institutional. Mr. Helliker has a B.A. in political science from the University of Portsmouth in England and an M.B.A. in management from San Diego State University.
J. Andrew Kalbaugh	Mr. J. Andrew Kalbaugh is Managing Director - Institution Services of LPL Financial Holdings Inc. He is responsible for the growth, satisfaction, and retention of financial institutions; attracting new financial institutions to the firm; and helping banks and credit unions add new advisors to their programs. Previously, Mr. Kalbaugh served as executive vice president, business consulting, for Independent Advisor Services. Prior to joining the Company in 2007, he was president, CEO, and chairman of American General Securities Incorporated and served as director of the AIG Advisor Group. Earlier, he was vice president and chief marketing officer for American General Securities Incorporated. Previous positions include eastern regional director of sales for The Advisors Group and senior trader for Calvert Securities Corporation. Mr. Kalbaugh is a Certified Financial Planner and has a B.A. in business and economics from the University of Maryland.
Sallie Larsen	Ms. Sallie R. Larsen is Chief Human Capital Officer, Managing Director of LPL Financial Holdings Inc., since 2012. She is responsible for overseeing Compensation & Benefits, Corporate Communication, Real Estate and Facilities, Human Resources Operations, Human Resources Client Consulting, and Talent Development. Ms. Larsen joined the Company in 2012 from the Federal Home Loan Bank/Office of Finance, where she was the chief human resources officer. In earlier roles, Ms. Larsen was a managing vice president of human resources for Capital One Financial Corporation, senior vice president of human resources for Marriott International, and vice president of human resources and communications for TRW Inc. Ms. Larsen earned a M.A. in communications from Purdue University, a B.A. in sociology from California Lutheran University, and a certificate in executive leadership coaching from Georgetown University.
Allen Thorpe	Mr. Allen R. Thorpe is Lead Independent Director of LPL Financial Holdings Inc. He is a managing director of Hellman & Friedman LLC, a private equity investment firm, and co-leads Hellman & Friedman LLC's New York office. His primary areas of focus are financial services and healthcare. He is a director of Artisan Partners Asset Management Inc., Pharmaceutical Product Development, Inc., Emdeon Inc., and Sheridan Holdings, Inc., and is a member of the advisory board of Grosvenor Capital Management Holdings, LLLP. He was formerly a director of portfolio companies Gartmore Investment Management Limited, Mitchell International, Mondrian Holdings Ltd., Vertafore Inc., and Activant Solutions, Inc. Prior to joining Hellman & Friedman LLC in 1999, Mr. Thorpe was a vice president with Pacific Equity Partners and a manager at Bain & Company. Mr. Thorpe graduated from Stanford University and earned an M.B.A. from the Harvard Business School where he was a Baker Scholar.
Richard Boyce	Mr. Richard Boyce is Independent Director of LPL Financial Holdings Inc. He is a partner at TPG Capital. He founded and leads TPG Capital’s Operating Group, which drives performance improvement across all TPG companies. In his first role with TPG, he served as chief executive officer of J. Crew Group, Inc., from 1997 to 1999, and as a board member from 1997 to 2006. He became chairman of Burger King Corporation in 2002 and served on that board through 2010. He also serves on the board of Direct General Corporation. Prior to joining TPG, Mr. Boyce was employed by PepsiCo. Inc. from 1992 to 1997, including as senior vice president of operations for Pepsi-Cola North America. He has previously served on the boards of directors of several other TPG Capital companies, including Del Monte Foods, ON Semiconductor and Gate Gourmet, currently serves on the Wake Forest University School of Business Board of Visitors, and is a member of the Board of Overseers of the Hoover Institution at Stanford. Mr. Boyce received a B.S.E. from Princeton University and received his M.B.A. from the Stanford Graduate School of Business.
John Brennan	Mr. John J. Brennan is Independent Director of LPL Financial Holdings Inc. He is chairman emeritus and senior advisor of The Vanguard Group, Inc. Mr. Brennan joined Vanguard in July 1982. He was elected president in 1989 and served as chief executive officer from 1996 to 2008 and chairman of the board from 1998 to 2009. Mr. Brennan is a member of the board of directors of The Hanover Insurance Group, Inc. and Guardian Life Insurance Company of America; chairman of the Financial Accounting Foundation; a member of FINRA’s board of governors; a director of the United Way of Southeastern Pennsylvania; and a trustee of the University of Notre Dame and King Abdullah University of Science and Technology. He graduated from Dartmouth College and received his M.B.A. from the Harvard Business School. He has received honorary degrees from Curry College and Drexel University.
Jeffrey Goldstein	Mr. Jeffrey A. Goldstein is Independent Director of LPL Financial Holdings Inc., since February 2, 2012. Mr. Goldstein is a managing director of Hellman & Friedman LLC, a private equity investment firm, and co-leads Hellman & Friedman LLC's New York office. From 2009 to 2011, he served as Under Secretary for Domestic Finance and Counselor to the Secretary at the U.S. Department of the Treasury. He was a Managing Director at Hellman & Friedman from 2004 to 2009 and during this period, he was a member of Board of Directors from 2005 to 2009. He was formerly a director of Arch Capital Group Ltd. and AlixPartners, LLP. Before joining Hellman & Friedman, Mr. Goldstein was Managing Director, Chief Financial Officer and member of the Management Committee of the World Bank. Previously, he served as Co-Chairman of BT Wolfensohn and was a member of The Bankers Trust Company Management Committee. Mr. Goldstein also serves as a member of the Board of Trustees of Vassar College and a member of the advisory board of Grosvenor Capital Management Holdings, LLLP. Mr. Goldstein received his B.A. from Vassar College and his Ph.D., M.Phil., and M.A. in economics from Yale University. Mr. Goldstein also taught economics at Princeton University.
James Riepe	Mr. James S. Riepe is Independent Director of LPL Financial Holdings Inc., since February 2008. He is a senior advisor and retired vice chairman of the board of directors of T. Rowe Price Group, Inc. ("TRP"), a global investment management firm, where he worked for nearly 25 years. Previously, he served on TRP's management committee, oversaw TRP's mutual fund activities, and served as chairman of the T. Rowe Price Mutual Funds. He served as chairman of the board of governors of the Investment Company Institute and was a member of the board of governors of the National Association of Securities Dealers (now FINRA) and chaired its Investment Companies Committee. Mr. Riepe is a member of the board of directors of The NASDAQ OMX Group, Genworth Financial Inc., UTI Asset Management Company of India, and the Baltimore Equitable Society. He also served as chairman of the board of trustees of the University of Pennsylvania from which he earned a B.S. and an M.B.A.
Richard Schifter	Mr. Richard P. Schifter is Independent Director of LPL Financial Holdings Inc. He has been a TPG partner since 1994. Prior to joining TPG, Mr. Schifter was a partner at the law firm of Arnold & Porter in Washington, D.C., where he specialized in bankruptcy law and corporate restructuring. He joined Arnold & Porter in 1979 and was a partner from 1986 through 1994. Mr. Schifter currently serves on the board of directors of American Beacon Advisors, Inc., Direct General Corporation, EverBank Financial Corp., ProSight Specialty Insurance Holdings, Inc., and Republic Airways and on the board of overseers of the University of Pennsylvania Law School. Mr. Schifter is also a member of the board of directors of Youth, I.N.C. (Improving Non-Profits for Children). Mr. Schifter received a B.A. from George Washington University and graduated from the University of Pennsylvania Law School.
Jeffrey Stiefler	Mr. Jeffrey E. Stiefler is Independent Director of LPL Financial Holdings Inc. He serves as a venture partner for Emergence Capital Partners, a venture capital firm. He also serves as chairman of Vantiv, Touch Commerce, and Logic Source, as a director of Verifone and Taleo, and as lead director of Square Trade. Previously, he was chairman, CEO and president of Digital Insight from 2003 through 2007. From 1995 to 2003, Mr. Stiefler served as an advisor to two private equity firms, McCown DeLeeuw and Company and North Castle Partners. He also served as vice-chairman of Walker Digital Corporation and was a director of Education Lending Group. Prior to 1995, Mr. Stiefler was president and a director of American Express Company and president and chief executive officer of IDS Financial Services Corporation (which became American Express Financial Advisors and then Ameriprise). Previously, he held leadership positions with Citicorp and Boise Cascade Corporation. Mr. Stiefler served as director or trustee of a number of philanthropic institutions, including The Salk Institute, Minnesota Business Partnership, Minneapolis Symphony, and Carlson School of Management. He received his B.A. from Williams College and M.B.A. from the Harvard Business School.
Trap Kloman

Basic Compensation

Name	Fiscal Year Total
Mark Casady	4,648,550
Robert Moore	2,584,990
James Putnam	--
Dan Arnold	1,329,890
George White	1,161,970
Victor Fetter	--
Joan Khoury	--
John McDermott	--
Stephanie Brown	1,126,480
Derek Bruton	--
Mark Helliker	1,316,610
J. Andrew Kalbaugh	--
Sallie Larsen	1,110,690
Allen Thorpe	--
Richard Boyce	--
John Brennan	--
Jeffrey Goldstein	--
James Riepe	--
Richard Schifter	--
Jeffrey Stiefler	--
Trap Kloman	--

As Of 30 Dec 2012

Options Compensation

Name	Options	Value
Mark Casady	3,907,120	110,681,000
Robert Moore	20,000	256,788
James Putnam	0	0
Dan Arnold	0	0
George White	0	0
Victor Fetter	0	0
Joan Khoury	0	0
John McDermott	0	0
Stephanie Brown	64,680	1,444,950
Derek Bruton	0	0
Mark Helliker	0	0
J. Andrew Kalbaugh	0	0
Sallie Larsen	0	0
Allen Thorpe	0	0
Richard Boyce	0	0
John Brennan	0	0
Jeffrey Goldstein	0	0
James Riepe	0	0
Richard Schifter	0	0
Jeffrey Stiefler	0	0
Trap Kloman	0	0

Insider Trading

Name	Shares Traded	Price
TPG GROUP HOLDINGS SBS ADVISORS INC	57,818	$36.67
TPG GROUP HOLDINGS SBS ADVISORS INC	79,908	$36.63
TPG GROUP HOLDINGS SBS ADVISORS INC	529,702	$0.00
STIEFLER JEFFREY E	46,942	$37.18
PUTNAM JAMES S	45,000	$38.00
PUTNAM JAMES S	30,000	$38.00
MULCAHY ANNE M	1,370	$0.00
PUTNAM JAMES S	30,000	$36.00
PUTNAM JAMES S	40,000	$36.00
HELLIKER MARK R	24,927	$34.73
HELLIKER MARK R	24,927	$19.74
PUTNAM JAMES S	25,000	$34.01
PUTNAM JAMES S	40,000	$34.01
STIEFLER JEFFREY E	25,000	$31.41
BRUTON DEREK J	3,224	$0.00
KALBAUGH JOHN ANDREW	3,224	$0.00
LUX THOMAS D	1,612	$0.00
LARSEN SALLIE R	3,418	$0.00
ARNOLD DAN H	4,837	$0.00
BOYCE RICHARD W	1,582	$0.00
BRENNAN JOHN JOSEPH	1,582	$0.00
RIEPE JAMES SELLERS	1,582	$0.00
KHOURY JOAN D	3,322	$0.00
HELLIKER MARK R	3,322	$0.00
BROWN STEPHANIE L	3,417	$0.00

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People: LPL Financial Holdings Inc (LPLA.O)

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Summary

Biographies

Basic Compensation

Options Compensation

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