LPL this week appointed Vaughn Harvey as chief data and artificial intelligence officer, a newly created role. Harvey will oversee data and AI initiatives and the firm’s ongoing digital transformation efforts.
He most recently served as head of product and transformation for consumer and community bank finance at JP Morgan Chase. Before that, he held senior roles at Morgan Stanley, PwC and Jefferies.
LPL joins a growing number of large financial services firms appointing chief data officers or chief artificial intelligence officers. In February, for example, Raymond James promoted Stuart Feld to the newly created post of chief artificial intelligence officer.
“Vaughn’s extensive experience and proven track record in leveraging AI and data to drive business outcomes make him the perfect fit for LPL as we continue to scale our offering and leadership in this space,” said Gary Carrai, chief product officer at LPL Financial, in a statement.
Also on the list were the more generalist AI tools Microsoft 365 Copilot and an earnings-report transcript assistant from FactSet. LPL also has an AI Accelerator program.
While the role combining AI and a chief data officer is new, the CDO role was filled by Cara Dailey, who joined in Sept. 2021 and left two years later in mid-2023 according to her LinkedIn profile.
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