Updated Sunday, May 19, 2013 as of 5:19 AM ET

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Wells Fargo Nabs 16 Advisors

The company hired eight advisors from Morgan Stanley Smith Barney, three from UBS, thre from Bank of America Merrill Lynch, and two from RBC Capital Markets. The new hires, who collectively manage $1.1 billion in assets, were added late last month and early this month.

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