Independent broker-dealer LPL Financial (LPLA) said Thursday that Chief Marketing Officer Joan Khoury is leaving the firm and that two executives will step into new roles within its Advisor & Institution Solutions Group.
Mimi Bock will become managing director for Client Experience and Training, taking over responsibilities previously handled by Khoury, while Ryan Parker is being tapped as managing director for Investment & Planning Solutions (IPS).
LPL Financial says that most of its existing marketing functions and all of its training teams will be a part of the new CET group. The CMO position held by Khoury has been eliminated, and she will leave the company in late August.
“We recognize the importance of always evolving to ensure the right people and positions are in place to meet the expanding opportunities within the marketplace and enhance the client experience,” said Robert Moore, president of LPL Financial, in a statement.
These changes come about six weeks after LPL Financial named a new head of its Independent Advisor Services unit: Bill Morrissey.