Career moves

Morgan Stanley alone lost 11 teams managing about $7 billion after its abrupt exit from the protocol pact, according to recent hiring announcements.

The wirehouse advisors joined the firm's independent broker-dealer.

The firm has cast a wide recruitment net, luring practices large and small.

The bank lured two professionals who will work with high-net-worth clients with at least $3 million in investable assets.

At least 274 advisors with $11.5 billion in client assets have left the fold since the acquisition.

The group is the second team to join the Tucson branch in two weeks.

At least 270 advisors with $11.1 billion in client assets have left NPH firms since the acquisition.

The duo is part of an ongoing exodus of wirehouse advisors to smaller regional firms and independent brokerages

After announcing it would exit the Broker Protocol, Morgan Stanley lost advisors managing approximately $7 billion in client assets.

Though the wirehouse has reduced recruiting efforts, it continues to attract big producers.