Former LPL Financial President Robert Moore is maintaining his ties with the nation's largest independent broker-dealer.
Moore, who resigned as LPL president last week to become CEO of Legal & General Investment Management America, a Chicago-based institutional asset management firm, is joining the executive board of Carson Institutional Alliance, industry heavyweight Ron Carson's turnkey support platform for growth-minded RIAs.
Carson Wealth Management Group is a branch OSJ of LPL. Carson Institutional Alliance oversees nearly $6 billion assets under advisement, which includes just under $2 billion in assets under management from Carson Wealth Management.
Mark Casady, chairman and CEO of LPL Financial, praised Moore's addition to the Carson board. "We are pleased that Robert will remain connected to LPL in this manner, Casady said in a statement.
Moore, who joined LPL in 2008 as chief financial officer after serving as CEO of LaSalle Bank in Chicago and a 10-year tenure at ABN AMRO North America, "has long been a visionary in the profession," Carson said in a statement.
For his part, Moore said he would draw on his past experience at LPL and his new position at LGIMA while serving on the board. Moore was succeeded as president of LPL by the firms chief financial officer, Dan Arnold.
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