LPL Financial says John Lynch has joined the independent broker-dealer as executive vice president and chief investment strategist.
Lynch is a longtime veteran of the financial services industry. According his LinkedIn profile, he left Wells Fargo and moved to LPL’s campus in Charlotte, N.C., in April after spending the past 20 years with the bank and its predecessor firms.
Most recently he served as senior vice president and chief investment officer of the Mid-Atlantic region for Wells Fargo Private Bank. Earlier, he was chief equity strategist with Wells Fargo Asset Management and chief market analyst for Wachovia and Evergreen Investments.
“John’s addition to LPL is a tremendous asset to the firm,” said Chief Investment Officer Burt White, in a statement. “John is an industry expert who brings the value of research to life. With his expertise, we are looking forward to the continuation of objective research that helps our advisors manage and grow their practices.”
In his new role, Lynch is leading the LPL Investment Research team, which includes 12 analysts.
“I’m excited to be working for LPL and helping to arm our advisors with the high-quality, objective research and information they need to deliver financial advice to investors,” he explained in a statement.
LPL works with about 14,000 financial advisors and roughly 700 institutions. It had some $551 billion in brokerage and advisory assets as of Aug. 31.
The firm, which bought the IBD network of National Planning Holdings in August, plans to report earnings on Thursday.