LPL Financial Welcomes Technology Leader Sid Vyas as CTO of Infrastructure and Operations
16 July 2024 - 11:00PM
LPL Financial LLC today announced the addition of Sushil “Sid” Vyas
as Executive Vice President and Chief Technology Officer of
Infrastructure and Operations. In his role, Vyas will oversee the
stability and reliability of LPL’s operating platforms. He reports
to Greg Gates, Managing Director, Chief Technology and Information
Officer, and is based at LPL’s Fort Mill campus in South Carolina.
Vyas joins LPL from Mizuho Americas where he most recently
served as chief technology officer of Mizuho America Services. He
brings more than 25 years of experience in successfully leading and
transforming technology organizations within large financial
institutions, driving global strategy and delivering cost-effective
and innovative solutions that provide competitive advantages. Prior
to Mizuho, Vyas spent 20 years at Wells Fargo and its legacy
companies in various technology leadership positions.
“Welcoming Sid to the team underscores our commitment to
advancing our technology leadership,” Gates said. “In an era where
advanced platform protections and operational precision are
increasingly crucial, Sid’s distinguished leadership in managing
risk platforms, driving agile transformations, leading technology
delivery teams and overseeing cloud migrations uniquely positions
him to enhance and safeguard our platforms. His addition not only
demonstrates LPL’s ability to attract top technology talent, but
also supports our strategic focus on delivering advisors and
institutions a world-class operating platform.”“I’m honored to join
the skilled technology team at LPL and a Fortune 500 company at the
forefront of technology innovation in financial services,” said
Vyas. “At LPL, the commitment to reliability, resiliency and data
security isn't just a policy—it’s a cornerstone. As we continue to
grow and evolve, my focus will be on leading our efforts to
streamline processes, mitigate risk and enhance the performance of
our technology platforms. I am excited to contribute to a
future-ready firm that prioritizes the technology experience of its
advisors, institutions and investors.”
Vyas holds the Series 99 registration, along with a Bachelor of
Science degree from the University of Rajasthan in India and a
Master of Business Administration degree from Wake Forest
University.
About LPL FinancialLPL 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 nearly
23,000 financial advisors, including advisors at approximately
1,100 institutions and at approximately 570 registered investment
advisor 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.
Securities and Advisory services offered through LPL
Financial LLC (“LPL Financial”), a registered investment
advisor. Member FINRA/SIPC. LPL Financial and its
affiliated companies provide financial services only from the
United States.
Throughout this communication, the terms “financial advisors”
and “advisors” are used to refer to registered representatives
and/or investment advisor representatives affiliated with LPL
Financial.
We routinely disclose information that may be important to
shareholders in the “Investor Relations” or “Press Releases”
section of our website.
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