MS · News · 20260817N
Wealth Management Team Recruitment
MORGAN STANLEY · 2026-08-17 · Importance 46 · Surprise 42 · In source text
Morgan Stanley recruited the Foreman Rial Group from Merrill Lynch for its wealth-management business. The team managed approximately $750 million in client assets in Kirkland, Washington. The recruits include Craig A. Foreman, John A. Rial, and junior broker Cole Foreman, together with support staff. The move reflects continuing advisor-team competition between Morgan Stanley and Merrill Lynch.
Key facts
- Morgan Stanley has recruited the Foreman Rial Group, a team of financial advisors from Merrill Lynch who managed $750 million in assets in Kirkland, Washington. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | Morgan Stanley has recruited the Foreman Rial Group, a team of financial advisors from Merrill Lynch who managed $750 million in assets in… |