In a major recruiting coup for Morgan Stanley Smith, the firm has grabbed a team of star producers from rival Merrill Lynch.

Harvey Kadden, Mihir Patel, Randy Knopp, Tim Baker and Chris Barber have a combined production of more than $14 million with prior combined assets under management of more than $1 billion. The team reports to complex manager Ben Firestein in Morgan Stanley Smith Barney's midtown Manhattan complex.

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