SAN DIEGO — Mark Hoaglin, once the former CEO of XCU Capital Corp. the credit union-owned broker-dealer and investment advisory firm, has left his senior vice president post at LPL Financial Corp., which bought XCU in 2007, to start his own business.
Hoaglin told Credit Union Times he left LPL Financial Institution Services on Nov. 1 after roughly 15 months of service. In 2007, LPL created a new role for Hoaglin to help the broker-dealer giant build more alliances with credit unions. While there, he also headed a 10-member credit union advisory council.
LPL spokeswoman Jennifer Gill said Hoaglin left the firm on Oct. 31 and was replaced by Jim Norwood, senior vice president. Norwood has been with LPL for 13 years and has been instrumental in building relationships with credit unions during his tenure, Hoaglin said.
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