It is unclear if Goldman Sachs has named a successor for Hodge.

Based in San Diego, CA, Hodge will oversee LPL's service organization and help support independent financial advisors, banks, credit unions, RIA firms and clearing clients. He will report to Tom Gooley, managing director of service, trading and operations.

Hodge held a range of brokerage operation and platform management leadership roles during his 20-year tenure at Goldmans. In his most recent role overseeing global private wealth management, he led teams that support private wealth advisors and clients. Before that, he was vice president for global futures operations, having previously overseen various operations divisions. Earlier still, he spent several years at Bank of America.