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Former Morgan Stanley advisor Baron C. Becker joined Baird as a vice president of a new Portland, Maine, office and most recently had $60 million in assets.
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Also from Morgan Stanley, John N. Dorsey joins Raymond James as senior vice president and branch manager of a new Huntington, W.Va., office. He previously oversaw $215 million in client assets.
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Merrill Lynch hired 10 advisors from competing wirehouse firms who previously managed $1.07 billion in client assets. Six of those hires came from Morgan Stanley, including Jeffrey Wells in Mill Valley, Calif., who managing $264 million in client assets. The hires also included a three-member team from UBS and one advisor from Wells Fargo.
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The team of Bill Duncan and Ziv Ohel jumped from Morgan Stanley Wealth Management to join Ameriprise in Deerfield, Ill.
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Wells Fargo extended its summer hiring spree with 24 new financial advisor hires managing a total of $2.2 billion in assets, including the team of Andrew Siegel, Nickolaus Roeschley and William Kulesh in Scottsdale, Ariz., who had $231 million in assets at Morgan Stanley.
