A Morgan Stanley adviser who managed $110 million in client assets has rejoined Merrill Lynch, a spokeswoman said.
Habib H. Yousefzadeh made more than $1.1 million in production last year while at Morgan Stanley, the Merrill spokeswoman says. He now works out of Merrill's Oklahoma City office.
Merrill Lynch offered welcoming remarks for Yousefzadeh's return, citing him for his dedicated work ethic and professionalism. "Habib tirelessly works with his clients to help them achieve their goals," says Michael C. Rodriguez, Merrill Lynch's Oklahoma complex market executive.
The adviser entered the industry in 1990 through MetLife Securities, according to FINRA BrokerCheck records. Yousefzadeh then left the firm to join Merrill Lynch in 2002 and remained until 2009 when he moved to Morgan Stanley. He was senior vice-president, portfolio manager and financial adviser while at the wirehouse, according to his LinkedIn profile.
A Morgan Stanley spokeswoman confirmed Yousefzadeh's departure but declined to comment on the move.