Already well-entrenched in the independent space, LPL Financial has hired a banking veteran to deepen its penetration in the bank channel.

The company announced Monday it hired Robert Comfort as an executive vice president of business consulting for LPL’s institution services division. Comfort, who spent 17 years at Huntington Bank running its wealth management businesses, will be responsible for serving the banks and credit union to which LPL provides banking, trust and wealth management services.

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