LPL Financial's Mark Casady will step down as CEO on Jan. 3, 2017, the firm said Monday.
Casady, 56, who has run the Boston-based independent broker-dealer for 10 years, will stay on as non-executive chairman through March 3.
President Dan Arnold will take over as CEO. Arnold has served as LPL's president since March 2015, having joined the firm in 2007.
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Janet Levaux
Janet Levaux, MA/MBA, is Editor in Chief of ThinkAdvisor & Investment Advisor. She's covered the financial markets since 1991 and advisors since 2005. Janet studied at Yale, Johns Hopkins SAIS and St. Mary's College of California. She's also lived and worked in Asia, Europe and Latin America, raised two sons, and won a Neal Award for top news coverage in 2020.
