Senior Analyst, Alternative Investment Due Diligence

Job Overview:

As part of the alternative investments team within Wealth Management Solutions (WMS), the primary responsibility of this role will be to support the implementation of the firm’s strategy for alternative investments. This involves sourcing, performing diligence, and monitoring of alternative investment products, primarily in the areas of DSTs and other real estate-focused alternative investment products. The role will involve collaboration with multiple internal groups and require strong analytical, organizational, and problem-solving skills, as well as the ability to work within tight deadlines. The Senior Analyst will contribute to the WMS group’s goal of delivering a world-class alternative investments platform. This role also maintains strong relationships with LPL’s investment manager partner firms to collaboratively deliver the necessary tools, resources, and communications that help LPL Financial advisors remain competitive.

Responsibilities:

• Responsible for the initial diligence and ongoing oversight of approved alternative investment managers available for use by LPL Financial advisors. The primary focus will be on DSTs, and other real estate-focused products.

• Lead presentations to LPL’s Product Review Committees

• Assist in the creation of marketing material to benefit advisors and advisor-facing personnel

• Work with compliance, trading and operations to assist with on-boarding products once approved

• Work closely with the alternative investments VP in the development and execution of other platform initiatives, as well as WMS projects as needed

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 environment, are client-focused, team oriented, and are able to

execute in a way that encourages creativity and continuous improvement.

Requirements –

• 2-4 years of experience in the financial services industry, ideally at a broker/dealer
• 1+ years of experience performing investment analysis due diligence on illiquid alternative investment products, or relevant work experience within an alternative investment product sponsor

Core Competencies –

• Strong analytical, problem-solving skills, and communication skills
• Ability to manage multiple projects simultaneously
• A passion for investing and a dedication to providing superior research
• Demonstrate self-motivation, high-energy, tenacity, perseverance, and attention to detail
• Strong communication skills and ability to push complex problems and tasks to a successful outcome

• Ability to think creatively about investments including due diligence, managers, and the markets in which they invest
• Ability to understand the divergence of theory and practice in the financial markets
• Solid analytical skills, good judgment, and a high tolerance for change
• Ability to set and meet hard deadlines while being able to re-prioritize as needed
• Unimpeachable ethical standards, with an innate ability to build trust and strong relationships
• Ability to cogently communicate research and investment content both orally and written to different audiences, including investment managers, advisors, executive management, and clients
• Emphasis on asking questions and challenging standard answers and analysis

Preferences –

• CFA, CAIA, or progress towards
• Experience with Delaware Statutory Trusts, non-traded REITs, and private placements
• FINRA Series 7 and 66 (either have or be willing to obtain soon after hiring)

Pay Range:

$97,600.00 - $162,600.00

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!

Why LPL? 

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.

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.