Morgan Stanley Smith Barney has hired nine financial advisors from Bank of America Merrill Lynch, LPL Financial and RBC Capital Markets.

In Tampa, Fla., a three-member team including Marc Walters, Todd Austin and Sean Weber join from Merrill Lynch. Together, the team, which operates under the name Walters Team, had $450 million in client assets under management and $5.3 million in annual fees and commissions. They have been registered with the firm since Nov. 18, and report to branch manager Jacob Heron.

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