Morgan Stanley recruited three advisors collectively managing more than $400 million in client assets, a spokeswoman said.

In the larger of two moves, advisor David Lewis moved to Morgan from Merrill Lynch late last month. While at Merrill, Lewis managed $250 million in assets and generated more than $1.5 million in annual revenue, according to a Morgan spokeswoman.

He joined Morgan's office in Ponte Vedra Beach, Fla., where he reports to branch manager John J. McLaughlin. Morgan's spokeswoman said that Lewis was recruited by Jacksonville branch manager Joseph Agee.

Lewis had been with Merrill since joining the industry in 1983, according to FINRA records.

Morgan said it also recruited two advisors from UBS where they managed $155 million in assets and generated about $1.3 million in annual revenues. Advisors Frances Goldstein and her daughter Judy Eig joined Morgan's office in Paramus, N.J., where they report to branch manager Eric Jansen.

Goldstein has 35 years of industry experience, having joined Dean Witter in 1980. She later moved to Smith Barney in 1993. Eig joined her mother at the firm in 1996, and the two advisors stayed through that firm's merger with Morgan.

Read more: