LPL Financial announced that Ryan C. Parker has joined the firm as executive vice president of investment and planning solutions.

Parker, with more than 15 years of experience in the industry, will be based in San Diego and report to Robert Moore, LPL’s president of advisor and institution solutions. He will replace John Moninger, who departed from the company earlier this year.

In his new role, Parker will assist advisors with client investment strategies, and offer practice management advice and recommendations related to financial product platforms and solutions.

“We are delighted to welcome Ryan to our company where he will play a pivotal role in continuing to grow the advisory and brokerage consulting and financial planning support that our advisors rely on, day in and day out,” Moore said. “Ryan’s strong track record for aligning investment platform solutions with advisor and investor needs underpins our focus on ensuring that the advisors and institutions that rely on us continue to have access to the best resources and tools for serving their end clients."

Prior to joining LPL, Parker was managing director of national accounts and business development at Russell Investments. Prior to his tenure at Russell, he worked at Franklin Templeton and Putnam Investments.

“LPL Financial’s scale and resources combined with the company’s position as the leading third party distributor of financial strategies in the U.S. creates multiple potential opportunities to develop innovative platform solutions to advisors and their clients,” Parker said. “I look forward to leading an exceptionally talented team in assisting advisors with their paramount mission of helping their end clients reach their life goals.”