LPL Names Chetney President of Retirement Partners

The company says that under Chetney's leadership, the unit has:

• Recruited more than 400 advisors;
• Grown the retirement plan asset base to over $94 billion as of Sept. 30;
• Begun servicing more than 32,000 retirement plans with about 3 million participants;
• Launched Worksite Financial Solutions, an advisor-based advice and education program for employers and their employees used by Vanguard, New York Life and other partners;
• Developed a Retirement Partners Tool Suite, an operating platform with automated tools and resources for advisors.

"I am enthusiastic about leading LPL Retirement Partners into the future," said Chetney, in a statement. "With so many American workers unsure about how to achieve a secure retirement, we have a tremendous opportunity to support advisors who seek to offer a comprehensive approach to retirement saving, investing and spending. I am confident that LPL Retirement Partners is well-positioned to take advantage of this critical challenge."

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Check out these related stories on ThinkAdvisor:

• LPL Lands Retirement Plan Deal With New York Life
• LPL Makes Retirement Plan Deal With Vanguard, Ascensus