AVP, Alternative Investments

What if you could build a career where ambition meets innovation? At LPL Financial, we empower professionals to shape their success while helping clients pursue their financial goals with confidence. What if you could have access to cutting-edge resources, a collaborative environment, and the freedom to make an impact? If you're ready to take the next step, discover what’s possible with LPL Financial.
Job Summary:
The Assistant Vice President (AVP), Alternative Investments, plays a crucial role in supporting the growth and operational excellence of LPL Financial's Alternative investment Operations. This position involves collaborating with various internal and external stakeholders to enhance product offerings, streamline processes, and ensure a seamless experience for advisors and their clients engaging with alternative investments.
Job Responsibilities:

• Product & Platform Support: Act as a subject matter expert on alternative investment products (e.g., private equity, hedge funds, real estate, private credit) offered through LPL, providing support to advisors, internal sales teams, and operational departments.
• Operational Enhancement: Identify and implement process improvements for alternative investment workflows, including subscription, redemptions, reporting, and due diligence, to increase efficiency and reduce operational risk.
• Advisor Education & Communication: Develop and deliver training materials, presentations, and communications to advisors regarding alternative investment products, platform updates, and best practices.
• Vendor Management: Assist in the ongoing relationship management with third-party alternative investment providers, including performance monitoring, issue resolution, and contract review.
• Risk & Compliance: Collaborate with compliance and legal teams to ensure all alternative investment activities adhere to regulatory requirements and internal policies.
• Data Analysis & Reporting: Analyze alternative investment data to identify trends, support strategic initiatives, and contribute to internal reporting for senior management.
• Project Management: Participate in and lead projects related to new product launches, platform enhancements, and strategic initiatives within the alternative investments space.
• Client Experience Focus: Work to continually improve the advisor and client experience with alternative investments by gathering feedback and implementing solutions.

What are we looking for?

We’re looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.

Required Qualifications:

• 5+ years of experience in financial services, with at least 3 years specifically focused on alternative investments (e.g., product management, operations, research, or due diligence)
• Bachelor's degree in Finance, Economics, Business Administration, or a related field OR related work experience
• FINRA Series 99 required

Core Competencies:

• Excellent written and verbal communication skills, with the ability to articulate complex concepts clearly and concisely to diverse audiences.
• Strong analytical and problem-solving abilities, with a keen attention to detail.
• Proven ability to work effectively in a cross-functional team environment and build strong relationships with internal and external partners.
• Exceptional organizational skills with the ability to manage multiple priorities and deadlines in a fast-paced environment.

Preferred Qualifications:

• Project Management experience running projects as a business/product owner.
• Experience with alternative investment platforms, CRM systems, and data analytics tools is highly desirable. (DTCC AIP, SS&C Alt Serv, Subscribe)
• BETA experience
• Strong proficiency in Microsoft Office Suite (Excel, PowerPoint, Word, CoPilot).
• Deep understanding of various alternative investment strategies, structures, and regulatory considerations.
• FINRA Series 7, 24, or 27 is highly preferred.
• CFA or CAIA designation, or progress towards, is a significant plus.

 

Pay Range:

$91,348-$152,247/year
 Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!
 

Company Overview:

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

For further information about LPL, please visit www.lpl.com.

Join LPL Financial: Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation’s leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

Why LPL?

• Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here!

• Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here!

• Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients. Learn more about our mission and values here!

• Impactful Work: Our size is just right for you to make a real impact. Learn more here!

• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!

• Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!

• Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. Learn more here!

Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.

Information on Interviews:

LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum.  During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card.  Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at (855) 575-6947.

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