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Morgan Stanley Smith Barney recruited six financial advisors Friday, mostly from its closest industry rival Merrill Lynch.
Team members Joseph Viviani and Robert Digregorio joined the company’s office in Melville, N.Y. They will report to Complex Manager Dino Carfora. They came from Merrill Lynch, where they managed $398 million in client assets, and had combined production of $2.1 million.
Meanwhile, Rosalie Schlaen and Izhar Shefer joined MSSB's operation in Aventura, Fla. They also came from Merrill Lynch, where they oversaw assets of $177 million and generated $1.3 million in production. They will report to Complex Manager Bill Van Scoyoc.
Also from Merrill Lynch, David Cohen joined in Melbourne, Fla. He will report to Branch Manager Sue Kahn. Cohen had assets $150 million and production of $1.6 million.
Finally, Keith Cline joined MSSB' in Fort Myers, Fla., from Raymond James. He will report to Branch Manager Thomas Wielgos. Previously, Cline had $73 million in assets and $1.1 million in production.
A few weeks earlier, MSSB announced seven new recruits from UBS, Chase Investment Services, and independent shop Ingalls & Snyder.
ûAs Group Managing Editor of SourceMedia's Investment Advisor Group, Lee oversees all editorial aspects of our Bank Investment Consultant brand. He has spent half his 20-year journalism career at SourceMedia and legacy companies. Before taking over BIC in April 2011, he spent more than three years as managing editor of On Wall Street. And before that he was a senior editor at U.S. Banker magazine for four years. He also worked as an editor in the newsletter unit of legacy divisions of the company for three years, covering various aspects of the fixed-income markets.
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