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LPL Financial names Oroschakoff chief risk officer

LPL Financial (LPLA) announced that Michelle Oroschakoff has been appointed chief risk officer and managing director. Oroschakoff will be based in San Diego and will report to Mark Casady, financial chairman and CEO. Oroschakoff joins LPL Financial from Morgan Stanley (MS), where she was most recently the global chief risk officer of the wealth management division.