Advisers on the Move

Morgan Stanley financial adviser managing $275 million forms RIA

The new firm, Executive Wealth Group, will custody assets with Raymond James

May 5, 2017 @ 1:37 pm

By InvestmentNews

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Sam Maxwell, III, who managed $275 million in client assets at Morgan Stanley, has left the wirehouse and created Executive Wealth Group, a registered investment advisory firm.

He and Sherry Nelson, his director of client services, are based in Kirkland, Wash. The firm will custody assets with Raymond James.

(More: See all the latest moves in the Advisers on the Move database)

Mr. Maxwell began his financial services career in 1991 at Merrill Lynch. In 1996, he moved to Dain Rauscher, which later became RBC Dain Rauscher. He joined Morgan Stanley in 2008.

Ms. Nelson, who began her career in 1980 at Smith Barney, joined Mr. Maxwell at Morgan Stanley in 2008.

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