$650M Morgan Stanley Team Leaves to Form RIA

A group of veteran Morgan Stanley financial advisors with about $650 million in assets has gone independent and formed its own registered investment advisory firm. The former 360 Group is now doing business as Opal Wealth Advisors in Jericho, New York (on Long Island). It includes Lee A. Korn; Jesse Giordano, CFP; Joseph N Filosa, CFP; and five other professionals.