David Ponchak

About David Ponchak

I am the Vice President of Retirement Product and Platform at LPL Financial, the largest independent broker-dealer in the United States. With over 17 years of experience in the retirement and financial services industry, I am passionate about creating and delivering innovative products that meet the evolving needs of the market and drive sustainable revenue growth for the organization.I have leveraged extensive B2B and B2C experience to develop and implement strategic marketing initiatives, resulting in increased customer acquisition, retention, and overall satisfaction across both business and consumer segments. I developed, launched, and serve as the Chair of the Retirement Product Review Committee, establishing a formal structure for evaluating and prioritizing product and platform initiatives. I have optimized vendor agreements, leading to the cancellation of underutilized tools and renegotiation of terms, resulting in over $750k in annual savings and a 30% reduction in promotional spend. I have managed fintech and technology product portfolios, driving innovation and delivering cutting-edge solutions that enhanced user experience, and contributed to a 20% growth in revenue share back to LPL. I led the enterprise-wide risk management strategy and tool launch, designed for financial professionals to evaluate rollover options for their clients in adherence to the DOL Regulation Best Interest (Reg BI). I directed comprehensive competitive intelligence initiatives, delivering actionable insights that strategically positioned LPL in the dynamic and evolving retirement market, leading to improved market share and competitive advantage. I have mentored and developed a high-performing product team, fostering a collaborative and innovative work environment that led to a 25% improvement in team performance and employee satisfaction. I have enhanced thought leadership by actively participating as a member of Voya’s Retirement Industry Advisory Board and Broadridge’s Client Advisory Board, providing strategic insights and industry expertise.I hold an MBA in Finance, as well as the AIF designation. I am dedicated to excellence, collaboration, and continuous improvement in the retirement and financial services field.

Experience

1. Vice President of Retirement Product and Platform

   LPL Financial

   Nov 2022 — Present

   As Vice President of Retirement Product and Platform at LPL Financial, I spearheaded the integration of acquired firms, ensuring seamless alignment of their products and operations with LPL’s standards. I managed the continuous evolution of the product roadmap, fostered cross-functional collaboration, and led post-acquisition enhancements to optimize performance.I also directed the three-year strategic plan for Retirement Partners, uniting key teams to drive sustained growth. To uphold strong governance, I established and currently chair the Retirement Product Review Committee, which systematically evaluates and prioritizes initiatives across both product and platform domains.

Education

• Pepperdine Graziadio Business School

  Master of Business Administration, Finance

  2009 — 2011

• John Carroll University

  Bachelor of Arts, Economics

  2002 — 2007

Skills

• Microsoft Office 2007
• Cognos
• Financial Analysis
• Competitive Intelligence
• Product Management
• Product Training
• Corporate Finance
• Competitive Analysis
• Budgets
• Project Management
• Strategic Planning
• Management
• Market Research
• Forecasting
• Budgeting
• Presentations