LPL Financial Appoints Mike Holtschlag as Executive Vice President of Banking and Lending

Core Insights - LPL Financial has appointed Mike Holtschlag as Executive Vice President of Banking and Lending to enhance its banking and lending initiatives, aiming to drive growth and improve the full-service experience for advisors and investors [1][2] - The strategic focus of LPL on state-of-the-art banking and lending solutions aims to simplify and centralize services for advisors and investors, providing a comprehensive wealth management experience [2][3] Company Overview - LPL Financial Holdings Inc. is one of the fastest-growing wealth management firms in the U.S., supporting over 29,000 financial advisors and approximately 1,200 financial institutions, managing around $1.8 trillion in brokerage and advisory assets for about 7 million Americans [5]