Managing Director, Divisional President, Business Development
Bill Morrissey is managing director and divisional president of Business Development for LPL Financial. In this role, he has responsibility for attracting and recruiting new financial advisors and institutions to the firm and for driving the exploration of new markets and capabilities for growth across client groups. He also oversees the process for integrating new advisors into the firm.
Prior to this role, Mr. Morrissey served as managing director and divisional president of Independent Advisor Services and led business development and business consulting for all independent advisors and registered investment advisors. Prior to being named managing director in 2014, Mr. Morrissey served as executive vice president of business development, Independent Advisor Services, responsible for recruiting new advisors and their practices.
He joined the company in March 2004 as senior vice president of Advisory Consulting Services, responsible for overseeing and successfully building the sales, marketing, and development of LPL's advisory platforms.
Before joining LPL Financial, Mr. Morrissey worked at Fidelity Investments for 17 years, most recently as senior vice president of institutional services. In this role, he managed all wholesalers west of Mississippi selling to wirehouse and regional broker dealers. Earlier, Mr. Morrissey served as senior vice president at Merrill Lynch, where he developed the high-net-worth unit to support wealth-management business in New England.
Mr. Morrissey serves as vice chairman of the executive committee for the Insured Retirement Institute (IRI) and the private client group committee for the Securities Industry and Financial Markets Association (SIFMA). He is a member of the board of Big Brothers and Big Sisters of San Diego County as well as the Invest in Others Charitable Foundation. He received a Bachelor of Arts in political science from Boston College and is FINRA Series 7, 24, 63, and 65 registered through LPL Financial.