Two Morgan Stanley advisors have left the wirehouse to join Janney Montgomery Scott, the firm said.
Senior advisor Fred Zeller joined Janney's Baltimore branch office where he will serve as first vice president of wealth management. He managed about $200 million in client assets while working for Morgan, Janney said.
Zeller has more than 30 years of experience, including six years at Morgan and 3 years before that at Citigroup, according to Janney and FINRA records.
Financial advisor Eric Walker, who had been with Morgan for six years, will be joining Janney's Shaffer McGreevy Spainhour team in Washington. The team manages about $500 million in assets, the firm said.
Earlier this month, Janney added an RBC team with over $1.25 million in combined production.
- Advisors on the Move: Morgan Stanley Loses $750M Team
- Morgan Grabs Advisors With Combined $400M AUM
- Advisor Duo Joins Janney