Morgan Stanley Smith Barney has nabbed a UBS financial advisor team in Mount Laurel, N.J., with $800 million in client assets under management.
The advisor team including Rick Hughes, Harry Greenberg, Shawn Senior and Daniel Silverberg became registered with Morgan Stanley on March 23, according to their public registration records with the Financial Industry Regulatory Authority. Together, they previously had $5.99 million in annual fees and commissions.
Hughes comes to Morgan Stanley after six years at UBS, according to his FINRA registration records, and nine years at Merrill Lynch prior to that.
Greenberg served at UBS for almost eight years, his registration records show, following more than 20 years at Morgan Stanley DW.
Senior spent six years at UBS, following about four years at Morgan Stanley DW and four years at Merrill Lynch.
Silverberg comes to Morgan Stanley after seven years at UBS, as well as five years at Morgan Stanley DW and almost four years at Legg Mason Wood Walker.
The team reports to Complex Manager John Caven.
Lorie Konish writes for On Wall Street.