Raymond James Financial says that Alex. Brown has recruited a team from Morgan Stanley with more than $500 million in assets and $3.3 million in trailing 12-month fees and commissions.
East Coast Advisors is based in New York and includes Todd Kissel, Joshua Pasahow, Ida Ng and John Rivera. Kissell and Pasahow, both certified financial planners, are the team’s two advisors, while Ng serves as a portfolio associate and Rivera as a client-service associate. Kissel also has an office in Boca Raton, Florida.
“We are delighted to welcome Todd, Josh, Ida and John to Alex. Brown,” said John Sutton, Alex. Brown’s New York regional executive, in a statement. “Their experience and client-centric approach in serving high-net-worth individuals and families make them an ideal fit with our firm.”
Raymond James acquired Alex. Brown from Deutsche Bank last year, adding more than 190 advisors with about $40 billion in client assets.
“Todd and Josh exemplify the type of professionals who are well suited for Alex. Brown,” said Haig Ariyan, president of the Alex. Brown division of Raymond James, in a statement. “They bring a sophisticated, client-focused practice to our firm, and we are pleased to have them representing us in New York.”