Merrill Lynch has hired father-and-son team Michael and John Gregg to join its Birmingham, Ala., office. They come from UBS where they generated $1.1 million on client assets of $130 million.

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Morgan Stanley Smith Barney has recruited Carlos Van Maanen and Carlos Stolk to join its office in Boca Raton, Fla. They come from UBS where they oversaw $270 million in client assets and generated $2 million in fees and commissions.

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Emerson Knowles and Joseph Spicer have left Morgan Stanley Smith Barney to join Merrill Lynch in Cincinnati. They previously managed $226 million in client assets and generated $2.2 million in fees and commissions.

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RBC Wealth Management has hired John Menefee and Tom Meagher to join its Bend, Ore., office. The team comes from Morgan Stanley Smith Barney where they oversaw more than $300 million in client assets and generated more than $4 million in fees and commissions.

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Dennis Rowland has left Morgan Stanley Smith Barney to open a new office for Baird in St. Paul, Minn. Rowland was previously the St. Paul and Duluth, Minn., branch manager for Smith Barney, overseeing 29 advisors and $14 million in revenue.