Cheri Belski Joins LPL Financial as Head of Investment Management Solutions

Core Insights - LPL Financial has appointed Cheri Belski as executive vice president and head of investment management solutions, bringing over 25 years of experience in the financial services industry [1][2] - Belski's role will focus on leading investment efforts, including LPL Research, Investment Products, Advisory Platforms, and the Retirement Partners business [1][2] - The firm aims to enhance its investment solutions and services to meet the diverse needs of its advisors and clients [3] Company Overview - LPL Financial serves over 23,000 financial advisors and approximately 1,000 institutions, emphasizing a commitment to the advisor-mediated model [5] - The company provides personalized guidance and allows advisors the flexibility to choose their business models and services [5] Strategic Initiatives - Under Belski's leadership, LPL plans to introduce 50 alternative investment products by the end of 2025, expanding its offerings to meet evolving investor needs [3] - Recent product introductions include eight of the top ten ETF providers at no transaction charge and 200 new SMAs for the Model Wealth Portfolios (MWP) platform [3] - LPL Research has launched coverage of active ETFs and added 12 new alternative strategies, including hedge fund and tax deferral strategies [3]