Retail investment advisory firm and independent broker-dealer LPL Financial, a wholly owned subsidiary of LPL Financial Holdings, has announced that Michelle Oroschakoff, current managing director and chief risk officer, will expand her responsibilities to include oversight of the firm’s legal and government relations functions as chief legal and risk officer, effective June 9.
Oroschakoff takes over general counsel duties following the departure of David Bergers, who will be departing LPL to accept a position in private practice.
