In the latest push for top advisor talent, Morgan Stanley has added four advisors with a total of more than $1.2 billion in assets under management.
Accounting for the majority of those assets is a $1 billion advisor from Wells Fargo, Theresa Chacopulos, who joins in Scottsdale, Ariz. Chacopulos began her career in 1994 and had been with Wells Fargo for 17 years, according to FINRA records.
The move comes as RBC announced it had pulled two advisors with $1 billion in assets under management from Morgan Stanley.
Morgan Stanley also nabbed a $123 million team from Wells Fargo. The Costantino Group of Fred Costantino Sr. and Fred Costantino Jr. joined Morgan Stanley in Binghampton, N.Y. They previously produced around $1.28 million combined in fees and commissions.
Veteran advisor Francesca Zavolta joined Morgan Stanley from Barclays. Zavolta had $74 million in assets and some $1.26 million in production.