Business EconomyPosted at: Apr 15 2026 10:00PM


LPL Financial opens India’s first GCC in Hyderabad, Plans 700 hiring this year

Hyderabad, April 15 (UNI) LPL Financial, a leading U.S.-based wealth management firm with over USD 2.4 trillion in assets under management, on Wednesday inaugurated its first Global Capability Centre (GCC) in India at Hyderabad, marking a major step in expanding its global operations and technology-driven innovation.
The company currently has a workforce of about 30 employees at the centre and plans to scale up headcount to around 700 within this year, officials said.
The GCC is presently operating from a temporary facility at Prestige Sky Tech, Tower-1, in Nanakramguda’s Financial District, and is expected to shift to its permanent campus in Tower-2 by early 2027.
The inauguration ceremony was attended virtually by Telangana IT Minister D. Sridhar Babu, along with senior leadership of the company from the United States and other financial industry leaders.
LPL Financial supports more than 32,000 financial advisors and around 1,200 financial institutions, managing assets on behalf of nearly 8 million clients across the United States.
According to the company, the Hyderabad GCC will support key enterprise functions including technology development, operations, product innovation, data analytics, and risk management. The centre is expected to enhance advisory and client services, strengthen platform resilience, and accelerate next-generation capabilities.
Speaking on the occasion, D. Sridhar Babu said the investment reinforces Telangana’s vision of transforming Hyderabad into a global hub for wealth management and financial services innovation. He added that Hyderabad is emerging as a global capital for GCCs, hosting a significant share of such centres in India.
Highlighting India’s fintech leadership, the Minister referred to innovations such as Unified Payments Interface (UPI) and Real Time Gross Settlement as globally impactful financial technologies.
Greg Gates, Chief Technology and Information Officer at LPL Financial, said the new centre represents a key milestone in building a more agile and innovation-driven organisation by leveraging global talent.
Ramesh Kaza, Executive Vice President and Head of Country for the GCC, said the launch reflects strong confidence in Hyderabad’s talent ecosystem and added that the centre is expected to evolve into a major capability hub over the next three to five years.
The development further strengthens Hyderabad’s position as a preferred destination for global capability centres and multinational investments in high-value sectors. UNI KNR KK
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Tags: #LPL Financial opens India’s first GCC in Hyderabad# Plans 700 hiring this year
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