Founders should be upfront about their goals — including the selling price and ongoing ownership structures — and should be deliberate in selecting the right exit plan. A merger? A private sale? Sales and public offerings can convert years of illiquid equity into cash, the report says, suggesting that the sudden liquidity landslide can be overwhelming without support.Founders should consider "personal planning" — how they'll handle their newfound assets — around the time they begin diligence on potential ac ...

Core Insights - LPL Financial has appointed Tara Thompson Popernik as Executive Vice President and Head of Wealth Planning, and Monte Tomasino as Executive Vice President of Service Digital Enablement, reinforcing its commitment to wealth planning and service solutions [1][6]. Group 1: Leadership Appointments - Tara Thompson Popernik will lead a specialized team to enhance LPL's wealth planning offerings, focusing on high-net-worth and ultra-high-net-worth clients [2][3]. - Monte Tomasino brings extensive experience in digital transformation and operational delivery, previously serving at Dell Technologies [5]. Group 2: Expertise and Background - Thompson Popernik has 21 years of experience at Bernstein Private Wealth, where she held various leadership roles, and is a Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP®) [4]. - Tomasino has a strong background in strategic planning and digital enablement, with a military background as a former U.S. Army Aviation Commander [5]. Group 3: Company Overview - LPL Financial is one of the fastest-growing wealth management firms in the U.S., supporting over 29,000 financial advisors and managing approximately $1.8 trillion in brokerage and advisory assets for around 7 million Americans [7].