A Morgan Stanley advisor with more than $570 million in client assets has gone independent with Steward Partners, the firm said.

Eric Beiley joined the Raymond James affiliated-firm started by former wirehouse advisors as a founding partner, according a statement from Steward Partners. Beiley managed more than $570 million in client assets while at Morgan and had a total production of $3.65 million, the statement says. His production level, according to Steward Partners, makes Beiley one of the largest single producers to join Raymond James’ independent channel.

"I was impressed with the leadership and the transition team Steward Partners was able to assemble for me and my practice," Beiley says in a statement.

Spokespersons for Morgan Stanley were not immediately available for comment.

Beiley joined Morgan in 2009, and before that spent more than 14 years at Citigroup. Beiley is based in New York and will help expand the Steward Partners’ presence in the area, as well as in the New England market.

"It's exciting to add high caliber advisors like Eric to our team," Steward Partners CEO Jim Gold says in the statement. "He is a perfect complement to the founding partners."

"I am honored to call Eric my partner and we look forward to growing our New York office with people, like him, who share our values and demonstrate the highest levels of character and integrity," adds Mike Maurer, CEO of Steward Partners' parent company, Steward Partners Holdings.

Also joining the firm is Beiley's assistant Ismael Robledo as associate managing director and founding partner. Robledo had been with Morgan Stanley since 2003 and also had previously worked for Citigroup, FINRA Brokercheck records show.

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