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Kabir Sethi Biography and Net Worth

Director of LPL Financial

Kabir Sethi is managing director and Chief Product Officer for LPL Financial. He is responsible for the development and management of advisor and end-client technology solutions, as well as wealth management platforms for the firm.

In this role, he provides strategic leadership and direction to the Wealth Management & Investment Research, Investor Product Experience, Advisor Technology Products, and Enterprise Data and Analytics teams.

Prior to joining LPL, Mr. Sethi held several leadership positions at Merrill Lynch, including managing director in Bank of America’s Global Wealth & Investment Management (GWIM) division. He also served as head of Digital for Merrill Lynch Wealth Management, and was responsible for Merrill’s digital platforms, including the financial advisor experience, wealth planning, and social media.

He has extensive experience with digital strategy and innovation, as well as client-facing online and mobile platforms, financial advisor workstations, CRM platform, social media capabilities and client-advisor collaboration.

Mr. Sethi earned a Bachelor of Economics from St. Stephen’s College at Delhi University, a Master of Business Administration from Indian Institute of Management Ahmedabad, and a Master of International Business from Columbia University

What is Kabir Sethi's net worth?: The estimated net worth of Kabir Sethi is at least $3.36 million as of February 26th, 2024. Mr. Sethi owns 10,245 shares of LPL Financial stock worth more than $3,359,643 as of December 22nd. This net worth evaluation does not reflect any other assets that Mr. Sethi may own. Learn More about Kabir Sethi's net worth.
How do I contact Kabir Sethi?: The corporate mailing address for Mr. Sethi and other LPL Financial executives is 4707 EXECUTIVE DRIVE, SAN DIEGO CA, 92121. LPL Financial can also be reached via phone at (800) 877-7210 and via email at [email protected]. Learn More on Kabir Sethi's contact information.
Has Kabir Sethi been buying or selling shares of LPL Financial?: Kabir Sethi has not been actively trading shares of LPL Financial during the last ninety days. Most recently, Kabir Sethi sold 1,300 shares of the business's stock in a transaction on Monday, February 26th. The shares were sold at an average price of $266.50, for a transaction totalling $346,450.00. Following the completion of the sale, the director now directly owns 10,245 shares of the company's stock, valued at $2,730,292.50. Learn More on Kabir Sethi's trading history.
Who are LPL Financial's active insiders?: LPL Financial's insider roster includes Dan Arnold (CEO), Matthew Audette (CFO), Matthew Enyedi (Director), Edward Fandrey (Director), William Glavin, Jr. (Director), Aneri Jambusaria (Director), Sallie Larsen (Director), Michelle Oroschakoff (Director), Scott Seese (Director), Kabir Sethi (Director), Brent Simonich (CAO), Richard Steinmeier (Director), and George White (Director). Learn More on LPL Financial's active insiders.
Are insiders buying or selling shares of LPL Financial?: In the last twelve months, insiders at the financial services provider sold shares 8 times. They sold a total of 66,133 shares worth more than $17,586,618.71. The most recent insider tranaction occured on December, 5th when Director Aneri Jambusaria sold 305 shares worth more than $101,241.70. Insiders at LPL Financial own 1.3% of the company. Learn More about insider trades at LPL Financial.
Information on this page was last updated on 12/5/2024.

Kabir Sethi Insider Trading History at LPL Financial

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
2/26/2024	Sell	1,300	$266.50	$346,450.00	10,245

Kabir Sethi Buying and Selling Activity at LPL Financial

LPL Financial Company Overview

LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at enterprises in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance. The company also provides fee-based platforms that provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities. In addition, it offers money market products; and retirement solutions for commission-and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, the company provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services for estates and families, as well as insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.

Today's Range

Now: $327.93

$322.98

$331.21

50 Day Range

MA: $302.23

$249.71

$330.65

2 Week Range

Now: $327.93

$187.19

$334.83

Volume

904,630 shs

Average Volume

716,874 shs

Market Capitalization

$24.56 billion

P/E Ratio

24.66

Dividend Yield

0.36%

Beta

0.86