Morgan Stanley lost a team managing $150 million to boutique brokerage William Blair.
The Matterhorn Group, made up of advisors Eve Ellis and Nikolay Djibankov, bolted from Morgan Stanley at the beginning of January to join William Blair at the firm’s New York office, expanding the firm’s presence in the city.
Ellis and Djibankov are not the first group to leave the wirehouse this month. A
A spokeswoman for Morgan Stanley didn’t reply to requests for comment on the moves.
The team manages two actively managed investment mandates for clients seeking both financial and social returns, according to the firm.
Ellis has 17 years of experience, her work spanning across three firms, including time spent at Merrill Lynch and Smith Barney, according to FINRA BrokerCheck records. Djibankov has 11 years of experience, the entirety of it spent at Morgan Stanley and Goldman Sachs.
William Blair has approximately $44 billion in private wealth assets as of December 31, according to the firm. It has expanded in recent years to Atlanta, Baltimore, Boston, New York and San Francisco. The boutique has 110 advisors throughout the U.S., according to the firm.
