Subscribe

Merrill Lynch woos $343 million Morgan Stanley team

Five-person group is based in Glen Rock, N.J.

A four-person adviser team that managed $343 million in assets at Morgan Stanley has joined Merrill Lynch in Glen Rock, N.J.

Advisers Michael Greenstone, John Araneo, Margie Manning and Anita Srivastava, as well as associate Dara Hubbard, have made the move.

Mr. Greenstone, who began his career as a financial adviser at Riviere Securities in 1980, was with Drexel Burnham Lambert from 1984 to 1989, Smith Barney from 1989 to 1990, Prudential Securities from 1990 to 1992, and UBS from 1992 to 2009, when he joined Morgan Stanley.

Mr. Araneo began his financial career at Merrill Lynch in 1998, moved to UBS in 2000 and joined Morgan Stanley in 2009.

Before joining Morgan Stanley in 2014, Ms. Manning was with Barclays Capital from 2008 to 2014, and Lehman Brothers from 1996 to 2008.

Ms. Srivastava was with Pruco Securities for a short time before joining Morgan Stanley in 2014.

Related Topics: ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Bank of America sounds warning on options-ETF boom

Skeptics says products often fare worse than simpler alternatives.

Gold in flux as investors await Fed meeting

Following a 13 percent advance this year, the price of the yellow metal wavered as traders weigh the odds of harmful rate hikes.

Hedge funds ramp up tech allocations, says Goldman

Data show amped-up net buying in sector through long positions and short-covering even amid a slide in S&P 500 IT index.

Stocks rise following hot March inflation

The S&P 500 is poised to extend gains on tech earnings while short-term Treasury yields fell following brisk rise in Fed’s preferred inflation gauge.

Fed will cut once before presidential election, says Howard Lutnick

Cantor Fitzgerald’s chief executive predicts the central bank will “show off a little bit” just before voters head to the polls.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print