Morgan Stanley Smith Barney has recruited nine financial advisers from UBS Wealth Management US and added two brokers from Bank of America Corp.'s Merrill Lynch.
William Arata, Daniel Rozario, Aram Khavari and Robin Coombs joined the Morgan Stanley Smith Barney office in Bangor, Maine, from UBS. The team had more than $2.8 million in annual production and managed $371 million in client assets.
In Houston the firm hired Ricardo Nazario, a $2 million producer.
Jane Rojas, hired for the Tucson office, worked for more than three years at UBS.
Brian Albach, Stephen Dauer and Gregory Wells joined Morgan Stanley Smith Barney's Cincinnati office.
William Claridge and Patrick Lewis joined the Billings, Mont., office from Merrill Lynch. Claridge worked at Merrill for nearly 23 years. Lewis spent more than 13 years there.
All nine hires were announced last week.