A four-adviser team managing $650 million at Morgan Stanley in New York City has joined RBC Wealth Management’s midtown Manhattan branch.
The Sheresky-Samsen Group is led by Steve Sheresky and Jeff Samsen, each of whom has more than 30 years of industry experience.
Sheresky joined J.P. Morgan Securities in 1985, and Samsen joined in 1986. They moved to Morgan Stanley in 2013.
Two advisers and two administrative personnel round out the team.
The acquisition pairs Zephyr's 21,000-product separately managed account database with Y Charts' newly launched AI agent assistant for investment research.
The war for talent continues in the Sunshine State with as Truist and RayJay teams managing a collective $1 billion in client assets defect to other firms.
Americans now estimate they need $1.2 million to retire comfortably, but rising costs and debt are making that goal increasingly difficult to reach.
Crewe Advisors' Ryan Halliday and Accelerated Wealth Partners' Eric Amar suggest mega RIA's readiness to integrate — not just scale — will determine whether an IPO exit actually works.
Morgan Stanley was co-lead underwriter for SPCX, reportedly generating $100 million in investment banking fees.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
