Tag: Morgan Stanley
90-Year-Old Morgan Stanley Broker Arrested for Shooting Business Partner Inside Office
On Thursday, Oklahoma City police arrested 90-year-old Morgan Stanley broker, Leonard Bernstein, after he allegedly shot his business partner, Chris Bayouth, "several times," according...
Morgan Stanley to Sell $15 Billion Eaton Vance RIA Business to...
Morgan Stanley has agreed to sell its $15 billion registered investment advisory arm, Eaton Vance WaterOak Advisors, in two parts to CI Financial Corp....
SEC Obtains Judgment Against Adviser Who Stole Millions from Clients
The Securities and Exchange Commission has obtained a final judgment against former Morgan Stanley Smith Barney broker, Barry F. Connell, who was previously charged...
Ameriprise Adds Former Morgan Stanley Team With $321 Million in Assets
Financial advisors Ron Phelps and Jacob Hamus recently joined the employee channel of Ameriprise Financial (NYSE: AMP) after spending 24 years and 11 years...
Two Former Morgan Stanley Teams Launch $1 Billion RIA
Robert Conzo and Eric Diton, a former executive director and managing director at Morgan Stanley, respectively, have launched The Wealth Alliance, a registered investment...
Hospitality Investors Trust Secures $1 Billion in Loans
Hospitality Investors Trust Inc., a publicly registered non-traded REIT formerly known as American Realty Capital Hospitality Trust, has entered into new mortgage and mezzanine...
Former $6 Billion Morgan Stanley Team Goes Indie
Wealth advisor Jason Fertitta and his team have launched an independent wealth management firm called Americana Partners LLC and have partnered with Dynasty Financial...
SEC Bars Former Morgan Stanley Broker Jailed for Securities Fraud
The Securities and Exchange Commission has barred former Morgan Stanley broker Michael Scronic for his role in running a Ponzi-like scheme and raising money...
Former Morgan Stanley Team Launches Independent RIA in New York
A team that oversaw $650 million in client assets at Morgan Stanley, has launched Opal Wealth Advisors, an independent registered investment advisor based in...
Prospera Financial Adds $150 Million Team from UBS
Prospera Financial Services Inc., a full-service independent broker-dealer, has added LiveOak Wealth Advisors to its platform.
Based in Lafayette, Louisiana, the LiveOak team spent nine...
Bluerock Names Former Morgan Stanley Exec to Head National Accounts
Bluerock Capital Markets, a distributor of investment products and the dealer manager for Bluerock Real Estate, has hired former executive director and head of...
Sponsored: Bluerock Reports Record Capital Raise of Over $75 Million for...
Bluerock Capital Markets, LLC (the “Company”), a distributor of institutional alternative investment products, and the dedicated dealer manager for Bluerock Real Estate (“Bluerock”), announced...
SEC Charges Former UBS Broker in $4 Million Scam Targeting Brokerage...
The Securities and Exchange Commission has charged a former registered representative with allegedly defrauding his brokerage customers out of nearly $4 million in a...
FINRA Suspends Former Morgan Stanley Broker for Forging Client’s Loan Docs
The Financial Industry Regulatory Authority has suspended a former Morgan Stanley broker for allegedly submitting forged and falsified documents to Morgan Stanley Private Bank...
SEC Fines Morgan Stanley $3.6 Million for Failing to Detect Misappropriation...
The Securities and Exchange Commission has fined Morgan Stanley Smith Barney $3.6 million for failing to protect against its personnel misusing or misappropriating funds...
W. P. Carey to Merge with One of Its Non-Traded REITs...
The board of W. P. Carey Inc. (NYSE: WPC), a publicly traded real estate investment trust, has unanimously approved a definitive merger agreement where...
Bluerock’s Interval Fund Reports $30.10 NAV for Class A Shares
Bluerock’s Total Income+ Real Estate Fund (Tickers: TIPRX, TIPPX, TIPWX, TIPLX), a closed-end interval fund, announced that the net asset value for its Class...
Passco to Open Orlando Office, Adds Five New Hires in Latest...
Passco Companies LLC, a sponsor of 1031 Delaware statutory trusts and other alternative investments, has added an office in Orlando, Florida and five new...
Passco Promotes Two Senior Vice Presidents of Sales
Passco Companies LLC, a sponsor of 1031 Delaware statutory trusts and other alternative investments, has promoted Adriana Olsen and Andy Wang to senior vice...
SEC Charges Two Former Morgan Stanley Advisers in $500,000 Fraud Case
The Securities and Exchange Commission has filed charges against two former Morgan Stanley investment advisers for allegedly defrauding multiple clients and other breaches of...
