Wealth management fintech platform Financeware announced that it has appointed Bill Morrissey, former divisional president of business development at LPL Financial, to its board of directors. Financeware said the appointment was part of its broaders strategy to accelerate its growth in the wealth management space.

While at LPL, Morrissey is credited with driving the level of NPH retention to capture 70 percent of the revenue from the four broker-dealers LPL acquired in 2017 from Jackson National. He was also the architect of LPL’s independent advisor recruiting strategies for many years.

Since departing LPL, Morrissey has ben serving as a strategic advisor, board member and private investor in the financial services business. Financeware is a private-equity backed fintech company. Its platform includes Wealthcare, VMS and QUODD.