Morgan Stanley Advisors With $152M in AUM Join FiNet

Two Morgan Stanley advisors with $152 million in combined client assets have gone independent with the Wells Fargo Advisors Financial Network, the firm said.

Ex-Morgan Stanley Advisor Gene Petro has opened an independent practice with FiNet in Mobile, Ala. with roughly $66 million in AUM, according to the firm. Since getting his start in the securities industry with E.F. Hutton in 1980, Petro worked for Shearson Lehman Hutton, Citigroup and the Robinson-Humphrey Company, according to FINRA.

Roberta Hunter, also from Morgan Stanley, brought over $86 million in AUM to her newly opened independent FiNet practice in Santa Cruz, Calif., the firm says. Hunter also has previous experience with Citigroup, BrokerCheck records show.

FiNet recently nabbed an independent Edward Jones wealth manager with a combined $179 million in AUM.

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