Mark S. Casady, born in 1960, has a strong background in finance, holding a Bachelor’s degree from the University of California, Berkeley. He served as the CEO of LPL Financial Holdings from December 2005 until his retirement in January 2017....
Mark S. Casady, born in 1960, has a strong background in finance, holding a Bachelor’s degree from the University of California, Berkeley. He served as the CEO of LPL Financial Holdings from December 2005 until his retirement in January 2017. Under his leadership, LPL Financial transformed into one of the largest independent broker-dealers in the country. Notably, Casady had a peak insider holding value of $136.68 million in LPL Financial during early 2024, showcasing him as an influential figure in the company’s landscape. He also had substantial compensation packages over the years, including a whopping $5.7 million in 2015, which included a cash bonus tied to company performance metrics. Even after stepping down as CEO, he continued to serve as a Chairman, indicating his lasting impact on the company. His journey even includes a training stint at Deutsche Asset Management, where he honed his skills before taking charge at LPL. Casady is recognized for contributing significantly to the company’s strategic growth, even while navigating tough market conditions. His time at LPL is a mix of strategic vision, financial expertise, and a focus on performance-driven results.