Two top executives of broker-dealer giant Atria Wealth Solutions are departing in the wake of the firm’s sale to LPL Financial.
Chief executive Doug Ketterer will step away from Atria at the end of the month, while chief operating officer Eugene Elias Jr. will leave at the end of June, Ketterer announced in a
LinkedIn post Wednesday. He stated that he informed Atria employees of the forthcoming changes in an email that morning.
‘Every journey comes with a destination, and we have reached ours with Atria,’ Ketterer wrote. ‘Our journey could not have gone any better and, as your individual journey unfolds with LPL, we hope it is one of excitement, opportunity and fulfillment.’
Ketterer, a former Morgan Stanley executive who oversaw the firm’s private wealth business, co-founded Atria in 2017 alongside fellow Morgan Stanley alum Elias Jr. and longtime AIG Advisor Group recruiter Kevin Beard.
Over the ensuing six years, and with backing from private equity firm Lee Equity Partners, Atria acquired...