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Morgan Stanley combines 2 adviser teams in NY

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Morgan Stanley combines 2 adviser teams in NY

MorganStanley merged its financial adviser teams in Glens Falls andOneonta, N.Y., the Albany (N.Y.) Business Review reported.

The Morgan McReynolds Group in Oneonta and the GrasmederTeam in Glens Falls joined forces to create The Table Rock Group.The combined 12-member team is led by managing director Erna McReynolds, SeniorVice President Kathleen Grasmeder and financial advisers Daniel Grasmeder andBryan Biagioli.

The Morgan McReynolds Group managed almost $600 million inclient assets as of July 2015, the report noted, citing Barron's.