People Moves

Morgan Stanley Ramps Up New Jersey, Florida Offices

Harriet Davies Editor - Family Wealth Report 31 January 2013

Morgan Stanley Ramps Up New Jersey, Florida Offices

Morgan Stanley Wealth Management has added five UBS advisors, bolstering its teams in Florida and New Jersey.

Kevin Cooper joins Morgan Stanley in Boca Raton, FL, reporting to complex manager Bert White. At UBS he had assets of $400 million and production of $1.6 million.

In Shrewsbury, NJ, Morgan Stanley has added The Ryan Group, comprised of John Ryan, David Nelson, James Gallagher and Philip Martinho. The team reports to branch manager Todd Sacks. It had $350 million in combined assets at UBS, and production of $2.8 million.

The Shrewsbury-based team follows hot on the heels of Ralph Marra, who joined Morgan Stanley at the same office earlier this month from UBS, where he oversaw $150 million in client assets and had $2.1 million in production.

At around the same time Diane Alecci and Lynn Blanchard joined the wealth manager in Paramus, NJ, operating as the D&L Group. They formerly worked at Merrill Lynch where they managed around $500 million in client assets and brought in $2.86 million in annual fees and commissions.

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