A team producing $4.2 million has joined Morgan Stanley.
The team, known as the Bogart Group, left RBC Wealth Management-U.S. to join Morgan in McLean, Va., last month, a firm spokeswoman said. The group had been managing $622 million in assets while at RBC.
Group member Brian Bogart joined the firm as a senior vice president and financial advisor. He started his career in 1983 with Dean Witter, according to FINRA records. He had worked at RBC since 2009. Bogart's son, James, also with the firm, earned his Series 7 in 2007, and joined Morgan as a vice president.
Fellow team member Adam Giles had worked at RBC since 2009, and Peter Knoer, the most recent entry to the advisory profession, earned his Series 7 in 2013. Previously, Knoer worked at Exxon Mobil, according to FINRA records. He is based in Houston, according to the group's website.
According to the group's website, Bogart's practice consists of affluent clients, retirees and professionals. The junior Bogart's responsibilities include portfolio management and research. Knoer, who is the sole team member based in Houston, oversees client relations and business development.
Earlier this month, RBC lost two advisors, Eddie Barber and Russ Tobler, who went independent with Washington Wealth Management. The partners managed $182 million in assets.
In October, Morgan recruited two Merrill Lynch advisors managing $300 million in West Hartford, Conn. That same month a UBS advisor with $90 million in AUM joined the wirehouse in Louisville, Ky.
- Morgan Lures Advisors with $565M in AUM
- Morgan to Boost Deferred Comp
- $300M Morgan Team Goes to Raymond James
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access