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Morgan Stanley Breakaway Team Joins California-Based Wealth Firm

Eliane Chavagnon

28 April 2014

The Cypress Group, formally of Morgan Stanley in Palm Desert, CA, has joined Integrated Wealth Management.

The Cypress Group consists of Mark Thatcher, Shad Lamm, Chris Risenmay, Ross Biesinger, David Thatcher, Clark Penney and Marc Koven. They also have four client service associates.

The team has $740 million in assets and boosts IWM’s presence in Coachella Valley, CA.

IWM has offices in Palm Springs, CA, Palm Desert, CA, Newport Beach, CA, Boise, ID, and Anchorage, AK.