Wells Fargo lured away five advisors who had a combined $277 million in client assets before making the move, the firm said.
Two of the recruits had a combined AUM of $137 million while working for Morgan Stanley, according to Wells. Christopher DeSimio and Deborah Horn joined Wells Fargo Advisors, the firm's employee channel, and will be working from the Kenwood branch in Cincinnati. Both were recruited by Ohio complex manager Mike Quin and will report to branch manager Andrew Moro.
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