Morgan Stanley Hires 3 With $3.7M In Production

Morgan Stanley Wealth Management has hired three financial advisors from wirehouse rivals Wells Fargo and UBS with $3.72 million in production.

Arthur Levine joined the firm in Ridgewood, N.J., from Wells Fargo, where he previously had $2.4 million in fees and commissions. Levine’s assets under management were not disclosed. He moved to Morgan Stanley on June 6, according to his public registration records with the Financial Industry Regulatory Authority, following nine years at Wells Fargo. He reports to branch manager Peter Christou.

Father-son advisor team T. Samuel Coleman Sr. and T. Samuel Coleman Jr. joined Morgan Stanley from UBS in Pasadena, Calif., and Seattle, respectively on June 7. Together, they previously had $1.32 million in production and oversaw $161 million in client assets. They joined UBS 18 years ago from Kidder, Peabody & Co. Coleman Sr. reports to Pasadena complex manager Cynthia Newman, while Coleman Jr. reports to Seattle complex manager Alex Burlingame.

Morgan Stanley also turned to Wells Fargo and UBS for four advisor hires earlier this month in Miami and Plantation, Fla. Those advisors had a total of $4.5 million in production and $475 million in client assets under management.