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AVP, Associate Counsel, Legal Advice – Brokerage, Product and Business Support

LPL Financial
Posted Mar 25
Full Time
On Site
Boston, Massachusetts

Are you a team player? Are you curious to learn? Are you interested in working in meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!

Excited to learn more? If so, then this could be the role for you!  

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

Job Overview:

LPL is searching for an AVP, Associate Counsel to work at a quickly growing Fortune 500 firm on transactional projects. The successful candidate will negotiate contracts with mutual fund, alternative investment, advisory platform, insurance and annuity issuers. The candidate will provide legal analysis with respect to securities regulations and insurance laws in a transactional context.

This role will be located in either our Fort Mill, SC, Boston, MA, or San Diego, CA location.

Responsibilities:

  • Drafting, reviewing and revising mutual fund, insurance, advisory platform and alternative investment selling and sponsorship agreements.

  • Drafting, reviewing and revising trading agreements and other commercial arrangements related to the financial services industry.

  • Providing day-to-day legal support for LPL’s product teams, including by providing legal analysis with respect to securities regulations and insurance laws in a transactional context.

  • Advising on platforms and product initiatives in a mergers-and-acquisitions context.

  • Ensuring that all contracting processes are adhered to and the firm’s contracting standards are maintained, including those relating to risk allocation and data security.

What are we looking for?

We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environmentare client-focusedteam oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements:

  • 5+ years or more of experience at a law firm or company in the financial services industry

  • 5+ years of experience advising on product and commercial contracts

  • Admission in good standing to a state bar

Core Competencies:

  • Ability to interface effectively with external business partners and their counsel.

  • Strong organizational and project management skills, including the ability to handle multiple projects and manage deadlines in a fast-paced and demanding work environment.

  • Excellent written and oral communication skills.

Preferences:

  • Ideal candidate will have a strong understanding of the regulatory landscape applicable to broker-dealers, registered investment advisers, and insurance agencies including a familiarity with regulatory processes.

$137,520-$206,280/year

At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation’s leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.

We are one team on one mission. We take care of our advisors, so they can take care of their clients.

Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees. We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.

Want to hear from our employees on what it’s like to work at LPL?  Watch this!

We take social responsibility seriously. Learn more here

Want to see info on our benefits?  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.