Subscribe

Morgan Stanley loses $500 million team in New York

Four-person group joins the Alex. Brown division of Raymond James.

A two-adviser, four-person team that managed $500 million in assets at Morgan Stanley in New York has joined the Alex. Brown unit of Raymond James.

The two advisers —Todd L. Kissel and Joshua Pasahow — were joined by associates Ida Ng and John Rivera. The group operates as East Coast Advisors.

Mr. Kissel began his financial services career in 1986 at Merrill Lynch. He joined UBS in 2000 and moved to Citigroup Smith Barney in 2008. The firm was acquired by Morgan Stanley the following year.

Mr. Pasahow, whose grandparents were clients of Mr. Kissel, joined him at Citi in 2008.

Related Topics: , ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Ascensus buying Vanguard small-business retirement offerings

The company is acquiring the Individual 401(k), Multi-SEP, and SIMPLE IRA plan businesses from Vanguard.

Raymond James adds advisor from Wells Fargo

South Florida-based advisor had been overseeing $105 million in client assets at Wells.

Dimon says AI could be ‘transformational’

JPMorgan Chase's CEO says AI's impact on the economy could equal that of the steam engine.

Commonwealth case sends crystal-clear message

KO blow from the SEC offers pointed lesson: Don’t fight Uncle Sam

Gen Z will need help – are you ready?

The mood and savings habits of Gen Z suggest a huge opportunity on the horizon.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print