July 22, 2024


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Matthew Morningstar Joins LPL Financial as EVP, Compliance, Legal & Risk

CHARLOTTE, N.C., Sept. 07, 2021 (Globe NEWSWIRE) — LPL Financial LLC now announced that Matthew Morningstar has joined the firm as government vice president, Compliance, Authorized & Hazard, effective Sept. seven. In his purpose, Morningstar has oversight of the firm’s litigation, arbitrations, regulatory matters, and buyer disputes. He stories to Michelle Oroschakoff, LPL main authorized officer and taking care of director, Compliance, Authorized & Hazard.

“Matt is a demonstrated litigator and chief with deep know-how of our industry’s authorized and regulatory ecosystem. With his authorized know-how and strategic acumen, he will more allow us to extend a buyer care approach to our authorized functions and travel positive results for our organization companions,” claimed Oroschakoff. “In addition, Matt understands the toughness that arrives from numerous teams with multitudes of perspectives and activities. His steadfast determination to social justice and diversity evokes us all. We are assured Matt will lead his group with the very same persons-oriented approach and provide sizeable aid to LPL’s diversity and inclusion initiatives. We are incredibly privileged to have him sign up for the LPL relatives.”

Morningstar joins LPL from Morgan Stanley, where he most recently served as head of Litigation and Regulatory Enforcement for the Investment decision Administration division. Morningstar acquired a bachelor’s degree from Columbia University and a legislation degree from Cornell Legislation Faculty. When he’s not working, Morningstar devotes his time to activism and civic engagement. He is the co-chair of the Committee to Greatly enhance Diversity in the Profession for the New York Town Bar. In addition, he has been awarded the 2013 Out and Very pleased Corporate Counsel Award from the Countrywide LGBT Bar Association and the Advisory Council Leadership Award from the Countrywide Association of Minority and Gals Owned Legislation Companies.

“I am thrilled to be aspect of LPL,” Morningstar claimed. “I look forward to connecting and collaborating with LPL’s Compliance, Authorized and Hazard teams, as effectively as consumers and colleagues across the firm and over and above, to travel strategic excellence in the firm’s authorized functions and lead to the mission of using care of advisors so they can choose care of their consumers.”

About LPL Financial
LPL Financial (Nasdaq: LPLA) was launched on the principle that the firm should really operate for the advisor, and not the other way all around. These days, LPL is a chief* in the markets we provide, supporting additional than 19,000 fiscal advisors, 800 institution-based mostly investment systems and 450 independent RIA firms nationwide. We are steadfast in our determination to the advisor-centered product and the belief that Us citizens are worthy of accessibility to objective steering from a fiscal advisor. At LPL, independence indicates that advisors have the independence they are worthy of to pick the organization product, services, and technological know-how means that enable them to run their excellent follow. And they have the independence to take care of their customer interactions, simply because they know their consumers finest. Basically set, we choose care of our advisors, so they can choose care of their consumers.

*Top rated RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. 1 Independent Broker-Supplier in the U.S. (Based on overall revenues, Financial Scheduling magazine 1996-2021) No. 1 provider of third-bash brokerage services to banking companies and credit unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report) Fortune 500 as of June 2021

Securities and advisory services offered as a result of LPL Financial LLC, an SEC-registered broker-seller and investment advisor. Member FINRA/SIPC. 

All over this conversation, the phrases “financial advisors” and “advisors” are made use of to refer to registered associates and/or investment advisor associates affiliated with LPL Financial LLC. We routinely disclose info that could be important to shareholders in the “Investor Relations” or “Press Releases” part of our website.

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