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MSSB Appoints Four Advisers

Morgan Stanley Smith Barney appointed four financial advisers, who handled a total $533 million in client assets.

    Morgan Stanley Smith Barney(MSSB) appointed four financial advisers, who handled a total $533 million in client assets,The Wall Street Journalreports. Formerly withMerrill Lynch Wealth Management,Thomas AndersonandJon Bancksjoined Morgan Stanley’s Cedar Rapids to yield $2.5 million in fees and commissions. The team had $274 million in assets under management.

    MSSB also appointedLawrence GiftandHugh HamiltonfromRBC Capital Markets. The team works under Houston-Galleria complex managerMatt Kabotand had roughly $1.2 million in annual production and managed $259 million in client assets.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromReuters.

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