GlobeNewswire Inc | Feb 16, 2021 04:30PM EST

February 16, 2021

CHARLOTTE, N.C., Feb. 16, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading retail investment advisory firm, registered investment advisor (RIA) custodian and independent broker-dealer, today announced that Managing Director Scott Seese is taking a personal leave of absence to care for his mother as she undergoes treatment for an advanced illness. Executive Vice President Greg Gates has been named interim chief information officer.

Nothing is more important than family and caring for a loved one, and we will be keeping Scott and his family in our thoughts and prayers, said Dan Arnold, president and CEO, LPL Financial. Greg is an accomplished leader and, as someone who has been integral to the development of our technology plans and portfolio, is well positioned to take the reins of the Technology team. He has earned the respect and admiration of the management committee, as well as his teammates and peers across the firm.

Gates joined LPL in 2018 with nearly two decades of senior-level management experience in technology strategy, including creation, development, and delivery. Hes demonstrated a disciplined approach to the agile development of customer-centric technology, emphasizing ease of use, speed of delivery, and high quality. Before joining LPL, he led Product Management and Engineering teams at PayPal. Prior to that, at Bank of America, he led a number of technology organizations, culminating in leadership of Bank of Americas Contact Center Technology.

About LPL Financial

LPL Financial ( https://www.lpl.com) is a leader in the retail financial advice market, the nations largest independent broker-dealer** and a leading custodian (or provider of custodial services) to RIAs. We serve independent financial advisors, professionals and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions.

**Based on total revenues, Financial Planning magazine June 1996-2020.

Securities and advisory services offered through LPL Financial LLC, an SEC- registered broker-dealer and investment advisor. Member FINRA/SIPC.

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 LLC.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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Media Contact:Lauren Hoyt-Williams(980) 321-1232Lauren.Hoyt-Williams@lpl.com