Retirement Industry People Moves

This week brings new hires at LPL and Securian Financial.

Tim Hodge has joined LPL Financial as executive vice president of service. He will be responsible for overseeing the firm’s service organization and ensuring the delivery of support to independent financial advisers, banks, credit unions, RIA firms and clearing clients.

Hodge was previously at Goldman Sachs, where he served in numerous brokerage operation and platform management leadership roles over his 20 years there. Most recently, he was managing director and head of global private wealth management operations. Before that, he was vice president for Goldman’s global futures operations after a number of years in operations leadership roles in several divisions. Before coming to Goldman Sachs, Hodge spent several years with Bank of America.

Tom Gooley, managing director of service, trading and operations, cites Hodge’s track record in building and enhancing service operations. Hodge, based out of LPL’s San Diego office, reports to Gooley.

Hodge holds a bachelor’s degree from the University of California at Berkeley and a master’s in business administration from the Stern School of Business at New York University.

NEXT: Securian expands its retirement plans group.

Marc Cabral, a 26-year veteran of the retirement plan industry, has joined Securian Financial Group as a regional sales vice president with the company’s Retirement Plans group.

Based in Atlanta, Cabral is partnering with advisers to bring Securian’s retirement plan solutions to small and mid-size employers throughout Georgia and the Carolinas.

Cabral previously held regional retirement plan sales vice president positions with Transamerica Retirement Solutions and The Hartford Financial Services Group. He holds Series 7 and 63 registrations and a Bachelor of Science degree from the University of Georgia.

“Marc is an outstanding addition to our sales team, which we are continuing to expand due in part to the overwhelming enthusiasm for our open architecture platform among advisers,” says Vince Giordano, Securian’s national vice president of retirement plan sales.