Human movements: LPL extends asset management when Caprock M&A takes up veteran

LPL Financial and Caprock have announced the announcement of management settings that aim to expand their core functions in terms of asset planning, customer service, mergers and acquisitions.

At LPL, Tara Thompson Popernik has joined the Executive Vice President and head of asset planning. In the role, she will monitor the company's financial planning, the high -network -quality and product management team. The company said that their leadership would concentrate on expanding LPL's planning skills for customers with a high network and ultra-high-net-striking customers.

“Tara's comprehensive experience and deep understanding of the special needs of customers with a high network will be invaluable, since we continue to grow and refine our value for wealth planning to ensure that we give all our customers personalized and sophisticated advice for all of our customers,” said Aneri Jambusaria, group administration director of the WEALTH management at LPL, in a statement on Wednesday, In a new executive brain.

Before he came to LPL, Thompson Popernik was 21 years at Bernstein Private Wealth, where she recently led the WEATTH strategies team. Your background includes specialist knowledge in complex financial planning and a focus on customer -oriented advice.

LPL also appointed Monte Tomasino as Executive Vice President of Service Digital Enablement. Tomasino was previously Vice President Digital Enablement and Engagement at Dell Technologies, where he supervised strategic planning, operational delivery and digital transformation. During his tenure, he also headed all Dell Contact Centers and Technical Support operations.

Tomasino appears after several technical initiatives of the company for LPL, including a new digital marketing platform presented in January, and the introduction of his first Chief Data and AI Officer last month.

Caprock also announced on Wednesday to appoint Frank Giuliano as head of corporate development. The company said that he would lead efforts to recruit consultants and M&A and to focus on the plan of Caprock, to selectively expand in new and existing markets.

“It has always been our strategy to do the best for our customers and consultants. That is why we are pursuing a deliberate and highly selective growth strategy,” said Gregory Brown, co-CEO from Caprock, on Wednesday morning. “At Caprock, we only focus on extraordinary consultants who work with extraordinary customers.”

Giuliano competes from LPL, where he worked as Vice President for Corporate Development. There he was significantly involved in the introduction of LPLS liquidity and successor program, which led to the acquisition of almost two dozen Riass and wealth management companies, including several that were not connected to the company.

Caprock was founded in 2005 and completed its first acquisition in 2024 with the purchase of Gray Street Capital, a Chicago-based company in Chicago with $ 2.2 billion in customer assets. The transaction reflected the wider strategy of the company in order to scale the ultra-high-network medical offer through selected partnerships.

Caprock serves 400 families with advisory capacity of more than 13 billion US dollars. The private company works from 12 offices in the USA, including Chicago, Denver, New York and Newport Beach.