Lpl Financial Appoints Mike Holtschlag as Executive Vice President of Banking and Lending
LPLA
Published on 06/30/2025 at 15:20
LPL Financial LLC appointed Mike Holtschlag as Executive Vice President of Banking and Lending. In this role, Holtschlag will lead the company?s banking and lending initiatives to drive growth and enhance the full-service experience for both advisors and investors. His team will be responsible for the strategy, design, development, execution and delivery of LPL?s suite of solutions, including cash management accounts (CMA), credit cards and secured credit lending.
LPL?s strategic focus on developing state-of-the-art banking and lending solutions makes it easier for advisors to provide comprehensive services to discerning investors who desire a singular partner, where they can get personalized financial advice along with flexible options for lending, liquidity and cash management. Holtschlag will also oversee integration of these services with LPL?s trading and investment advisory teams, guiding and advancing the firm?s strength in delivering comprehensive wealth management solutions. Holtschlag brings more than 25 years of financial services experience to LPL.
Most recently, he spent 17 years at Fidelity Investments, where he served as Senior Vice President for the Saving, Spending, and Lending Business within Personal Investing. He led a global team of 150 associates providing a broad portfolio of financial solutions to retail clients, including cash management, credit, debit, lending solutions, health savings accounts, 529 plans, fixed income securities and alternatives. Prior to Fidelity, he was a Principal at The Boston Consulting Group, leading critical initiatives for clients ranging from start-ups to multinational corporations.
Holtschlag holds a Bachelor of Arts in Economics from Harvard University and a Master of Business Administration in Operations and Information Management from the Wharton School of the University of Pennsylvania. He is based in San Diego.