LPL Financial Appoints Tom Gannon as Chief Advocacy Officer
03 September 2024 - 11:00PM
LPL Financial LLC, a leader in the wealth management industry,
announces the appointment of Tom Gannon as executive vice president
and chief advocacy officer. Gannon, who brings more than 25 years
of extensive experience in government relations across various
financial services companies to LPL, will report to Althea Brown,
chief legal officer, and will oversee an established team of policy
analysts and lobbyists.
In his new role, Gannon will spearhead LPL’s government
relations efforts at federal, state and local levels and lead the
firm’s political action committee (PAC) and the LPL 50 State
Advocacy Network. He will work closely with policymakers and
regulators as well as industry and trade groups, representing LPL
advisors and the LPL business to foster alignment with the
company’s enduring purpose – empowering advisors to deliver high
quality and personalized advice to all who need it.
“As one of the fastest growing companies in wealth management
serving independent financial advisors, LPL is committed to serving
as a voice and advocate for our clients and employees,” said Brown.
“Tom brings broad, relevant experience and proven leadership that
will help us advance the service we provide for our advisors,
institutions and the investors they serve.”
LPL's Government Relations program leverages a cross-country
network of advisors to collectively advocate on the issues that
matter most in the industry. The program, first established in 2010
with the formation of the LPL PAC, has steadily built a reputation
for empowering advisors to influence public policy that impacts
their ability to deliver financial advice.
LPL's Government Relations function focuses on advocating for
thoughtful policies that ensure all Americans have access to
personalized financial advice, and that our advisors can choose the
model that works best for them, including models that allow
individuals to be small business owners and entrepreneurs.
Prior to joining LPL, Gannon served as the chief government
relations officer at H&R Block, where he spent four years
leading their government relations initiatives. Prior to that he
led the government relations team at Mastercard for 11 years. He
began his career as a legislative aide, which paved the way for
subsequent roles leading state and federal lobbyists, representing
a trade association focused on credit unions, and managing
grassroots campaigning and PAC fundraising efforts.
Gannon holds a bachelor’s degree in political science from
Canisius College and a master’s in business administration from
Johns Hopkins University. He will be based out of LPL’s Washington,
D.C., office.
About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the
principle that LPL 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 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.
Media
Contact: Media.relations@LPLFinancial.com (402)
740-2047
Tracking #: 620107
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