UBS has recruited The Reinhold Group in Buffalo, NY, from Morgan Stanley.

The group is comprised of John Reinhold, who has $120 million in assets under management, and Derek Reinhold, with $24 million.

John Reinhold and an associate opened the Shearson Hayden Stone Buffalo office, a predecessor firm to what is now Morgan Stanley, in 1976.

Derek Reinhold began his career as a sales liaison with Morgan Stanley’s consulting group and its predecessor firm in Wilmington, DE, in September 2005. A year later he was promoted to regional consulting group technical analyst in Seattle, WA, and then onto Los Angeles, CA, in the divisional office in August 2007.