Harrington’s In For Retirement at LPL

Beginning Monday, Bruce Harrington is LPL Financial's new SVP of retirement solutions.

Earlier this month, speaking at the PLANADVISER National Conference, Kevin Keefe, SVP of Financial Planning at LPL, hinted the firm was ready to commit to the retirement plan space, saying the firm had hired a new “general of retirement,’ but was not yet ready to share his name.

Referring to the recent enhancements to the fee-based side of LPL’s business (see LPL Expands in RIA, Hybrid Markets), Keefe said LPL, despite not being laser focused on retirement plans in the past, “will be a player in 2009 and beyond.’

The firm recently partnered with Ascensus and 401(k) Advisors to deliver Fiduciary Advisor 401(k), a suite of retirement plan services, featuring an investment platform, full-fee disclosure, and fiduciary protection (See Three Firms Link Up to Offer Fiduciary Product).

Harrington was most recently managing director at Cogent Research, a Cambridge, Massachusetts-based a market research and consulting firm (see Bruce Harrington Moves to Cogent Research) after serving eight years as vice president and director of product development and marketing for MFS Investment Management.