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-$162,600/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) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.

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.

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.

EAC1.22.25