LPL Financial says Matthew Morningstar has joined the firm from Morgan Stanley and is now executive vice president of Compliance, Legal & Risk for the independent broker-dealer.
In the new role, Morningstar will oversee the firm's litigation, arbitrations, regulatory matters and client disputes. He reports to Michelle Oroschakoff, LPL's chief legal officer and managing director of Compliance, Legal & Risk.
Most recently, Morningstar was head of Litigation and Regulatory Enforcement for the Investment Management division of Morgan Stanley. He is currently the co-chair of the Committee to Enhance Diversity in the Profession for the New York City Bar.
"Matt is a proven litigator and leader with deep knowledge of our industry's legal and regulatory environment. With his legal expertise and strategic acumen, he will further enable us to extend a customer care approach to our legal functions and drive positive outcomes for our business partners," Oroschakoff said in statement.
