An eight-year LPL veteran is taking over investment due diligence after the prior chief's departure.

Last month MFWire broke the news that John Guthery and Chris Arthur were both moving on from the San Diego-based broker-dealer. Guther had served as senior vice president and head of due-diligence and manager research, while Arthur was a portfolio strategist. Now MFWire has learned that LPL's own Kirby Horan-Adams is picking up where Guthery left off.

LPL spokesman Tony Vignieri confirms that Horan-Adams, senior vice president and director of research, is taking on Guthery's old duties. She oversees a 24-person team that handles alternative investment research, due diligence, new product approvals, portfolio analytics, portfolio management capabilities and solutions for clients, and quantitative analysis. That team includes both legacy LPL research analysts and former Fortigent research team members. (LPL bought Fortigent two years ago.)

Horan-Adams has been with LPL since 2006. She reports to Burt White, managing director of research. 

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