RBC Wealth Management has nabbed a Morgan Stanley Smith Barney financial advisor team overseeing more than $350 million in client assets.
Financial advisors George Feneis and Paul C. Granito, who operate under the name FG Group, join RBC in Paramus, N.J. They previously had almost $3 million in annual fees and commissions.
Feneis comes to RBC after 31 years at Morgan Stanley, while Granito has worked in the industry for 14 years. Both serve as senior vice presidents and financial advisors at RBC serving the New York metro area.
Serena Montefusco also joins RBC with the team as a senior registered client associate.
“I thought long and hard about my decision to move to RBC Wealth Management and decided to do what was ultimately best for my clients, which was to go to a firm with a relationship-based culture that takes pride in best serving the needs of their clients,” Feneis said in a statement.
Lorie Konish writes for On Wall Street.