Morgan Stanley adds brokers from Merrill, UBS

* Morgan Stanley adds three brokers from Merrill Lynch

* Morgan Stanley hires four brokers from UBS

* New hires had $2.6 million in combined production

NEW YORK, May 19 (BestGrowthStock) – Morgan Stanley Smith Barney
has added two million-dollar teams from rival firms.

Last Friday, James Flynn, Rance Hillier and Merritt Zahner
joined Morgan Stanley Smith Barney’s (MS.N: ) office in Madison,
Connecticut. The team came from Merrill Lynch/Bank of America
(BAC.N: ), where they oversaw $150 million in client assets and
generated $1.3 million in fees and commissions.

Matthew Segal, Joseph Pizzo, Irwin Werbowsky and Mohammed
Yassin also joined Morgan Stanley Smith Barney last Friday. The
team came from UBS, where they generated $1.3 million on client
assets of $151 million. They joined Morgan Stanley’s Garden
City, New York, office.

Stock Research

(Reporting by Helen Kearney, editing by Maureen Bavdek)

Morgan Stanley adds brokers from Merrill, UBS