Morgan Stanley hired four wealth advisers from competitor UBS Wealth Management USA in September, a person familiar with the matter confirmed to S&P Global Market Intelligence.
Sari Warsaw moved to Morgan Stanley's Jericho office in Long Island, N.Y. Jeff Parker and Rafael Herrera, along with their client associate Susy Ruiz, joined Morgan Stanley's private wealth management unit.
Warsaw was generating about $1.1 million in annual revenue on about $215 million of client assets at UBS, AdvisorHub reported, citing a person familiar with the move.
Parker and Herrera, meanwhile, were managing about $1 billion of client assets and producing $4 million in revenue, according to the news outlet's sources.
