Morgan Stanley Wealth Management hired two financial advisors from rival firms with $300 million in client assets under management.

Alissa Carloss joins the firm in Jackson, Tenn., from Stifel. She previously had $135 million in client assets under management and $1.02 million in fees and commissions. Carloss served at Stifel for more than three years, according to her public registration records with the Financial Industry Regulatory Authority, and was with UBS before that for nine years. Terry Nance, who is Carloss’s father, also joins Morgan Stanley as a Consulting Group analyst. Carloss reports to Little Rock complex manager John Terry.

Paul Bagnato has joined the firm’s Mount Kisco, N.Y., office from Wells Fargo, where he oversaw $165 million in client assets and had $1.7 million in production. Bagnato served at Wells Fargo for almost 13 years, according to his registration records with FINRA, following several years with First Union. He reports to branch manager Mark Willis.