A father-son pair of financial advisers has left Morgan Stanley Smith Barney to join UBS Wealth Management, adding to a list of professionals who have departed the Watertown firm in recent years.
John C. and David D. Crapser, father and son who worked at the firm for 32 and 12 years, respectively, left in November to join three other former Morgan Stanley brokers who left in the spring to launch the UBS branch. Both firms are in the former Agricultural Insurance Co. building, 215 Washington St.
The UBS branch was formed by Gregory G. Couch, William C. Couch Jr. and Eric DeLaGarza, who were known as the Couch Group at Morgan Stanley. They had a combined 38 years of experience as partners for the Couch Group when they left the firm.
The branch manager at UBS is Daniel R. Long, who also manages the companys Syracuse branch.
The creation of the UBS branch comes after Morgan Stanley lost three of its partners in the fall of 2010. C. Anthony Morgia, Michael A. Morgia and Phillip J. Banazek left to launch the Morgia Group, a standalone investment advisory firm on Mullin Street in Watertown.
A call made to Gregg Rosenberg, UBS senior media relations officer, was not returned Monday.