Morgan Stanley has bolstered its New York office with a top billing advisor team from J.P. Morgan Securities, the boutique brokerage branch of JPMorgan Chase.
The firm scooped up Scott Siegel, managing director; Mehmet Kirdar, senior vide president; and Michael OHara, assistant vice president. Joseph Carmody also joins the team from UBS.
The four manage some $1.5 billion including non-custodied assets and produce $6.1 million in revenue, according to a Morgan Stanley spokesperson.
Siegel, a 14-year industry veteran, began his career at First Institutional Securities in 1989 and moved to Bear, Stearns, which was sold to JPMorgan Chase in 2008.
Kirdar had been with J.P. Morgan Securities since 2002 and began his career in the financial services industry in 1998, FINRA records show.
OHara began his career at RBC in 2003. Carmody started his career in 2004 and had been with UBS since 2007, according to FINRA records.
The team will report to Michael Simeone, branch manager for Morgan Stanley's fifth avevenue office, and Patrick Langone, complex manager. All four joined at the end of last week, according to FINRA registration records.
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