A Morgan Stanley team that generated $1.3 million in annual revenue has left the wirehouse for RBC Wealth Management, a spokeswoman said.

The team, operating as the Falcon Group, joined RBC in Denver, where they report to Director Jeff Heberling.

Advisors Ron Zimmermann, Gary Peterson, and Phillip Dispense oversee approximately $132 million in client assets, RBC said.

All three advisors have been at Morgan Stanley since 2009, according to FINRA BrokerCheck records.

Zimmermann and Peterson both have previous experience at Merrill Lynch while Dispense worked at Smith Barney prior to its merger with Morgan.

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