Morgan Stanley said it recruited advisors who collectively managed more than $1.6 billion in assets from rivals UBS and HSBC.
In the largest of three moves, Morgan picked up a UBS team that had $1.3 billion in AUM. The group joined Morgan Stanley Private Wealth Management in Los Angeles, where the team's members report to Complex Manager Greg Laetsch.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access