Morgan Stanley Lures $1.2B Kentucky Advisory Team from UBS

Morgan Stanley Wealth Management has added the nine-person Brown Wealth Management Group in Kentucky, as confirmed in a September 24 LinkedIn post by Morgan Stanley Wealth Managing Director Frank Roccisano.

The Brown team joins Morgan Stanley Wealth from UBS where they serviced approximately $1.2B in client assets, according to a report by Financial Advisor IQ. The group comprises founding member and managing partner Jamey R. Brown; financial advisors Daniel Brown, Lydia May, and Jason Straub; and five support staff.

In his LinkedIn post, Roccisano said that the move also establishes a new branch for the wirehouse in Paducah, KY, where the Brown group operates.

Per Dakota data, Morgan Stanley handles over $4T in total wealth management assets with approximately 16,000 registered representatives and advisors.

Source: https://www.linkedin.com/posts/frankroccisano_please-join-us-in-welcoming-the-brown-wealth-activity-7244443427143061505-L_lv