The war for advisor talent rages on. Firing the latest salvo is Morgan Stanley Smith Barney, who has snagged three financial advisor teams working with more than $1.36 billion in client assets from UBS Financial Services and Deutsche Bank Securities.
In Indianapolis, financial advisors Jonathan Klausner and John Duffy, who both placed on Barron’s Top 1,000 in 2012, join from UBS. Together, they previously had $4 million in annual fees and commissions and oversaw $650 million in client assets. Their team targets affluent and emerging affluent individuals and families with average accounts of $3 million and average net worth of $5 million.
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