Baird Wealth Management has swooped in on Morgan Stanley Smith Barney’s branch in Lynchburg, Va., luring away eight financial advisors with more than $450 million in combined assets.

The advisors will establish Baird’s first wealth management office in Lynchburg. The advisors will be led by Bill Johnson, who joined Legg Mason [LM] as a branch manager in 1990, according to Baird.

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