Friday, March 4, 2011

‘Morgan & Morgan’ Explores New Frontier: TV

2-12-10

By JIM KEVLIN : ONEONTA

‘Morgan & Morgan” is back in business.
Tom Morgan and Erna Morgan McReynolds, for years partners in an Oneonta stockbroking and investment firm (she continues to operate Morgan Stanley Smith Barney on outer Chestnut) ... collaborators in such community ventures as putting the Catskill Symphony on a firm financial footing ... not to mention, husband and wife ... have a new joint venture: “Money Talk,” being piloted on Time Warner’s News 10 Now, Syracuse; but that may be just the beginning.
The first five “Money Talk” segments – the title is the same as Tom Morgan’s nationally syndicated radio program – may be viewed at the News 10 Now Web site (go to news10now.com, and type “money talk” in the search line.)
Time Warner’s idea is to run the two-minute clips on its Syracuse, Albany and Binghamton all-news stations, then expand from there.
The first five segments were recorded in Buffalo – by a friend, Emmy-winning producer Peter Restivo of Toronto – but the Morgans anticipate moving the taping to the library of their home on Franklin Mountain.
“There’s always been a need and there continues to be a need – and a more pressing need right now – for basic, solid financial information,” Tom Morgan said of “Money Talk”’s intent.
“How various investments work.  How the economy works.  How companies function.  How bonds and stocks and mutual funds – how people can use them to improve their retirement.  There are an awful lot of baby boomers retiring.”
Tom Morgan’s background is in advertising, working with Fortune 500 companies.  His syndicated radio show – on the air now for 31 years – is the longest-running short-form program since Paul Harvey’s “The Rest of the Story” went off the air.
Before entering the investment business, Erna Morgan McReynolds was a news producer for NBC in New York, working with Tom Brokaw, Connie Chung and other headliners.
The new show, Tom Morgan said, is also “unique in a subtle way.  Virtually all the investment books, articles and programs people come across are created by people who are not investment advisers, people who do not sit down and deal one-on-one and deal with clients, with clients’ money, with clients’ anxieties.
“In our case, we’ve had thousands of clients, with all different levels of understanding.”

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