Morgan Stanley hires eight brokers from rival

Morgan Stanley HQ

Morgan Stanley said on Tuesday it poached an elite team of eight brokers from Bank of America Merrill Lynch's Private Banking and Investment Group, where they managed a combined $6.5bn in client assets.

Reuters reports that led by Linda Stephans, Kristina Van Liew and Erik Oiler, the group switched firms shortly after the start of the new year, joining Morgan Stanley's Graystone Consulting unit in Chicago, which serves institutional clients.

The Stephans Van Liew and Oiler Group includes Iftikhar Khan, Patricia Zavagnin, Niesha Parekh, Eric Hatch and Alicia Garabedian.

To access the complete Reuters article hit the link below:

Morgan Stanley hires eight brokers who managed $6.5 billion at Merrill

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