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LPL Financial Holdings names director nominee

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LPL Financial Holdings names director nominee

LPL Financial HoldingsInc. said March 29 that its directors voted unanimously to nominateMarco Hellman for election to its board at the 2016 annual meeting.

Hellman is the managing member, founder and managing partnerof HMI Capital LLC.

Nine director nominees are standing for election at the annualmeeting, eight of whom are independent. The annual meeting is scheduled for May10. Shareholders of record as of March 11 will be entitled to vote at the meeting.

One of the company's directors, Richard Boyce, has chosen notto stand for re-election at the annual meeting.