Bank of America Merrill Lynch has hired Morgan Stanley Smith Barney advisors Raymond Stacy and Christopher Pieper in Fort Mitchell, Ky.

Stacy and Pieper have been registered with Merrill Lynch since Nov. 4, according to their registration records with the Financial Industry Regulatory Authority. Together, they previously had $1.61 million in annual fees and commissions and $166.77 million in client assets under management.

Stacy had been registered with Morgan Stanley since for more than 14 years starting from May 1997, his FINRA registration records show. Pieper had worked for Morgan Stanley since April 2004, according to his registration records, and was with Robert W. Baird before that for more than four years.