The nation’s
Burt White, LPL’s chief investment officer and managing director of investor and investment solutions, announced plans to retire in March 2022.
White first joined LPL in 2007 after spending a decade with Wachovia Securities. In 2009, he was named CIO and managing director of research. White has held his current position, overseeing the strategic direction and continued growth of LPL’s research, marketing, products and investment platforms, since 2017.
“LPL has been far more than a place of work. It has been the inspiration for my career journey, a big piece of who I have become and a place where I have been privileged to work with some of the most talented people in the industry,” White said in a statement about his retirement.
White has helped LPL successfully
White also oversaw a push to revamp the technology LPL offers to financial advisors. In 2018, LPL spent $28 million to
“I couldn’t be prouder of what the firm has accomplished and remain humbled by the dramatic impact its advisors continue to have on helping millions of American families achieve their life’s aspirations,” White said in the statement.
The departing executive also posted a video announcing his retirement on Twitter. The firm declined any additional comment.
Words can’t express the gratitude I’m feeling in this moment. Thank you @LPL for an amazing 14 years. https://t.co/LzOg8qMCmN pic.twitter.com/G8ZvI5wSoU
— Burt White (@_BurtWhite) August 23, 2021
White will remain with LPL as it searches for, hires and transitions to a replacement, according to a statement from LPL president and CEO Dan Arnold.
“He will be missed by advisors and employees alike,” Arnold said. “We are grateful for Burt’s steady leadership over the last 14 years and wish him the best in his future endeavors.”
