Vice President, Retirement Product Strategy & Development

LPL Financial Corp; Fort Mill, Charlotte (SC, NC); On-site; USD 146,000 - 244,000; Full time

Job summary

LPL Financial is a leading wealth management firm seeking a senior leader for Retirement Partners to drive product strategy and development across retirement platforms. The role partners with Technology, Operations, Legal, Risk, Finance, and Marketing to shape an integrated roadmap that improves advisor and client experiences and accelerates growth.

The Vice President will own the product vision, translate strategy into scalable capabilities, and lead initiatives from discovery through launch

Qualifications

• Bachelor’s degree and a minimum of 10 years of relevant financial-services experience in retirement or product development.
• Deep knowledge of retirement products, workplace and individual retirement markets, and regulatory environment.
• Proven ability to lead large, cross-functional initiatives in a matrixed organization.
• Strong strategic, commercial acumen and go-to-market execution.
• Exceptional executive communication, storytelling, and stakeholder-management skills.

Responsibilities

• Own product vision and integrated roadmaps for Retirement Partners’ products and platforms.
• Lead end-to-end product development from concept through launch and optimization.
• Drive commercialization and adoption with Marketing, Communications, Sales, Consulting, and Service teams.
• Build differentiated advisor experiences and streamline retirement journeys.
• Lead cross-functional teams and manage governance and risk considerations.

Skills

retirement products expertise

product management

go-to-market execution

cross-functional leadership

agile development

executive communication

stakeholder management

Education

Bachelor’s degree

Job description

Lead with Purpose, Unlock Your Team’s Passion: At LPL, people leaders hold the key to the employee experience — shaping culture, driving performance, and guiding individuals to new heights. Because when that happens, we all win – clients, LPL, and most importantly our, employees.

Job Overview

The Retirement Partners team within LPL’s Wealth Management Solutions (WMS) group is building a market-leading retirement ecosystem that connects workplace retirement, individual retirement, and wealth management. The team is responsible for the strategy, development, commercialization, and ongoing evolution of retirement products and platforms—including product roadmaps, pricing, advisor experiences, and go-to-market execution. Our objective is to make retirement a powerful engine for advisor growth and better client outcomes by creating a seamless path from Plan - Account - Wealth. The Vice President, Retirement Product Strategy & Development is a senior product leadership role with general management responsibility for Retirement Partners’ product team and accountability for the retirement product and platform portfolio. This leader will shape and execute the product vision, own integrated development roadmaps, and translate enterprise strategy into scalable capabilities that materially improve the advisor and client experience. Working across Technology, Operations, Research, Legal, Product Risk, Finance, Comprehensive Advice, Marketing & Communications, Sales, and other Wealth Management teams, the VP will lead complex initiatives from opportunity identification and business case development through design, launch, commercialization, adoption, and ongoing optimization. The role requires a leader who can combine deep retirement expertise, product-management discipline, commercial judgment, and strong cross-functional influence to deliver measurable business outcomes.

Strategic Priorities

• Launching solutions that provide advisors access to active workplace retirement accounts and held‑away retirement assets.
• Developing and commercializing pooled and multiple‑employer solutions, including PEP/MEP/MEAP capabilities, to accelerate net‑new plan growth.
• Expanding the Small Business Owner retirement and workplace‑benefits suite, including NQDC and Cash Balance Plan capabilities.
• Delivering a competitive, fully custodied retail retirement suite across SEP, SIMPLE, and Solo 401(k) products.
• Modernizing retirement experiences, data, workflows, and platform capabilities to reduce advisor friction and improve scalability.
• Optimizing the retirement‑to‑wealth flywheel through stronger rollover, retention, participant advice, and cross‑sell capabilities.
• Building disciplined go‑to‑market strategies for new product launches that drive advisor awareness, adoption, and measurable commercial impact.

Responsibilities

• Own product vision and roadmap. Set the strategic direction and integrated roadmap for Retirement Partners’ products and platforms, balancing advisor needs, market opportunity, economics, regulatory requirements, risk, and technology dependencies.
• Lead product development end to end. Convert strategic opportunities into clear business cases, product requirements, journey maps, workflows, and executable development plans; guide initiatives from concept through launch and continuous improvement.
• Drive commercialization and adoption. Partner with Marketing, Communications, Sales, Consulting, and Service teams to develop positioning, launch plans, advisor education, adoption strategies, and success measures for new and enhanced solutions.
• Serve as a retirement product authority. Act as a subject matter expert across Retirement Partners offerings, including BOR, 401(k), NQDC, 403(b), HSAs, pooled‑plan solutions, retail retirement products, and related platform capabilities.
• Bring the advisor voice into product decisions. Engage advisors to understand needs, pain points, and emerging opportunities; translate feedback into prioritized roadmap decisions that support holistic wealth management.
• Create differentiated advisor experiences. Lead the design and enhancement of end‑to‑end workflows and journeys that make retirement solutions easier to understand, adopt, implement, and service.
• Lead through influence. Mobilize cross‑functional teams across Technology, Operations, Legal, Risk, Finance, Research, Comprehensive Advice, and other product organizations to remove barriers and deliver enterprise‑scale outcomes.
• Strengthen product governance and risk management. Partner with Product Risk, Legal, Compliance, and Operations to embed effective due diligence, operational readiness, controls, and ongoing monitoring throughout the product lifecycle.
• Stay ahead of the market. Monitor regulatory developments, competitor offerings, pricing, policy, platform innovation, and advisor trends; turn insights into actionable recommendations that strengthen LPL’s competitive position.
• Build product‑management excellence. Help standardize product‑management disciplines, decision frameworks, prioritization, measurement, and commercialization practices across Retirement Partners and partner organizations.
• Lead and develop talent. Provide direction, coaching, and accountability to the product team while building a high‑performance culture focused on strategic thinking, execution excellence, collaboration, and measurable outcomes.

What are we looking for?

We want strong collaborators who can deliver a world‑class customer service experience for LPL’s Financial Professionals. We are looking for people who thrive in a fast‑paced environment, are client‑focused, team‑oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements

Bachelor’s degree and a minimum of 10 years of relevant financial‑services experience, with significant experience in retirement, product management, product development, institutional accounts, or related businesses. Deep knowledge of retirement products, workplace and individual retirement markets, institutional accounts, and the regulatory environment. Demonstrated success developing and launching complex financial products, platforms, or digital capabilities from strategy through commercialization. Strong strategic and commercial acumen, with the ability to evaluate market opportunities, economics, customer needs, risk, and execution tradeoffs to make sound product decisions. Proven ability to lead large, cross‑functional initiatives in a highly matrixed organization and drive decisions without relying solely on direct authority. Strong understanding of product lifecycle management, roadmap prioritization, agile development, workflow and journey design, and go‑to‑market execution. Exceptional executive communication, storytelling, analytical, and stakeholder‑management skills. Demonstrated ability to translate advisor and client insights into scalable product solutions and measurable business outcomes. Ability to operate independently, navigate ambiguity, manage competing priorities, resolve escalations, and maintain momentum on strategically important initiatives. Strong leadership presence with the ability to develop talent, build alignment, and inspire teams around a compelling product vision.

What Success Looks Like

Success in this role will be measured by the ability to turn Retirement Partners’ strategy into an integrated, competitive product portfolio that improves the advisor experience, expands retirement capabilities, accelerates adoption and growth, strengthens retention, and creates more seamless connectivity between retirement and wealth.

#LPL-PA Pay Range

$146,466.00 - $244,110.00. Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more.

Company Overview

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com. At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources they need 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. For further information about LPL, please visit www.lpl.com. Join the LPL team and help us make a difference by turning life’s aspirations into financial realities.

EOE

EOE.