As per the agreement, EagleBank will refer bank customers and others to Morgan Stanley, which will provide a variety of investment advisory services to referred clients.
EagleBank will be working with the Washington, DC area office of Graystone Consulting, which is a business of Morgan Stanley Smith Barney.
This relationship will enhance the scope of financial services the EagleBank can provide to its customers.
Graystone Consulting offers institutional clients and private families the combination of a focused investment consulting boutique along with the resources and capital markets expertise.
EagleBank chairman and CEO Ronald Paul said with Graystone’s proven track record, customers will find unrivaled wealth management expertise and the best selection of investment products and services.
"This is an important step forward in our efforts to expand on the banking value we offer our customers for financial growth in their personal and business lives," Paul said.
