9. INDUSTRY, INNOVATION, AND INFRASTRUCTURE

UBS Loses $2.7 Billion Financial Advisor Team to Morgan Stanley

Written by Amanda

A team of UBS advisors that had managed $2.7 billion in assets has jumped ship to join Morgan Stanley’s new wealth complex in New York City.

Members of the Alfa Group, led by Daniel Schwartz and based in Paramus, N.J., registered with Morgan Stanley on Friday. A spokeswoman confirmed the move.

A spokeswoman for UBS declined to comment on the…

Source: barrons.com

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Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai