Merrill Lynch Wealth Management has snapped up three UBS advisors. Lee Miller and Andrew Pleat join Merrill's Saratoga Springs, N.Y. office having managed $182.6 million in client assets. Mark Kean joins in Cary, N.C., after overseeing $140.5 billion.
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Morgan Stanley nabbed nine new advisors with more than $1.22 billion in client assets. The largest team, Keith Munera and John Wildemore, previously managed $315 million at UBS.
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Leaving Morgan Stanley, Jeff Smith joins Janney Montgomery Scott's Washington, D.C. office and will help grow the complex as branch manager.
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Raymond James picked up a separate Morgan Stanley Smith Barney team. With nearly five decades of combined experience, advisors Vann Ashley Wilder and Van Martin join in South Florida after previously managing $300 million in client assets.
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Stifel Nicolaus has opened a new private client office in Madison, Conn., with the addition of three Morgan Stanley advisors, William Fusco, Robert Richard and Patricia Walsh. The team of Fusco and Richard managed $150 million in assets and Walsh individually has 50 years of experience managing $127 million in assets.
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The RIA firm, HighTower, is adding a former Credit Suisse team of Matt Dillig and Ted Bowen. They managed $1 billion in AUM.
