Morgan Stanley is finding success in an arena where Wells Fargo has recently been falling short: recruiting advisors from Credit Suisse.

Morgan has been enticing U.S.-based advisors at Credit Suisse's Latin American unit to transition their businesses – which represent about $36 billion in client assets – to the wirehouse by permitting the advisors to bring their deferred comp with them, according to a recruiter involved in several of the moves.

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