LPL Financial hired Sallie Larsen as its managing director and chief human capital officer.
Larsen, who started on May 1, is charged with ensuring that LPL remains an engaging workplace for its staff and professionals, including those who recruit advisors to the independent broker-dealer. She will also ensure that LPL Financial supports its employees’ charitable and community-focused work, especially as they help young people and adults improve their economic situations.
“It is important to employees that they be involved in their communities, if they have the opportunity to do so,” Mark Casady, chairman and CEO of LPL Financial said in an interview. “It mirrors what advisors are trying to do. They are trying to help people realize dreams as part of their practice.”
Casady said he was especially looking forward to tapping into Larsen’s experience in developing and shaping corporate cultures in ways that are focused on LPL’s advisor clients and help keep employees highly engaged.
“The more they are actively involved in community outreach, the more productive and engaged they are in our work,” Larsen said in a telephone interview. “There is a great deal of leverage and reciprocity in those relationships.”
Larsen was a chief human resources officer for the Federal Home Loan Bank – Office of Finance since 2009. While there, she was responsible for modernizing the organization’s human resources infrastructure and implementing new strategies for recruiting and developing talent, particularly in response to changing priorities after the global financial crisis of 2008.