LPL Financial appoints Suzanne Elovic as EVP, head of supervision

LPL Financial (LPLA) announced the appointments of Suzanne Elovic as executive vice president, head of supervision, and Mike Murphy as executive vice president, head of service. Both leaders will be based in the firm’s New York office, reporting to John O’Neill, executive vice president and head of Service & Supervision. Elovic will lead efforts to enhance LPL’s supervision experience – scaling oversight for greater efficiency and effectiveness while driving proactive, consultative supervisory engagement. Elovic has held a variety of legal and compliance leadership roles, including at organizations such as FINRA, UBS, Carta and regulatory technology firm Parallel Markets, where she served as president and head of partnerships. Murphy will oversee LPL’s frontline service teams, designing and deploying robust programs that will continue to elevate advisor, client and employee experiences. An experienced financial services executive who has led several global client-facing and shared services organizations, Murphy most recently served as chief operations officer at LongBridge Securities.