Esther Stearns

Chief Executive Officer, LPL New Venture, LLC

Ms. Stearns is the CEO of a subsidiary company of LPL Financial.  The new firm is building a comprehensive program for financial advice and education for the American middle class.   In her 30 years in retail financial services Ms Stearns has enjoyed a wide range of leadership positions at LPL Financial and Schwab.  In her role at these industry leading firms, Esther has focused on developing innovative technology solutions to evolving business demands and creating new ways to meet the needs of investors.

Until May 2012, Esther served as president and chief operating officer of LPL Financial from 2007 and 2004, respectively, with responsibility for focusing on the strategic direction of the company. She joined LPL Financial in 1996 as chief information officer, a position she held for eight years. In this capacity, she led the build out of an advanced technology platform to help financial advisors manage and streamline their daily business processing. She was also instrumental in building and packaging the Custom Clearing Services offering to provide back-end support services to broker/dealer organizations.

In her 14 years at Charles Schwab Esther held a variety of leadership roles that include information technology, operations, surveillance, internal control, and credit.

She is a member of the Independent Firms Committee of the Securities Industry and Financial Markets Association (SIFMA), has a Bachelor of Arts from the University of Chicago, and is FINRA Series 7, 24, 27, and 63 registered.   Ms Stearns is a national Board member for Operation Hope.

< Back to Board of Directors main page