Morgan Stanley Smith Barney has hired seven new financial advisors with more than $1.17 billion in client assets under management.
In New York, the firm hired Mark Donohue from RBC Capital Markets, which he had been registered with for more than nine years, according to his public registration records with the Financial Industry Regulatory Authority.
Donohue previously oversaw more than $700 million in client assets and had $6 million in annual fees and commissions. Donohue reports to Morgan Stanley Smith Barney Complex Manager Henry Kaplan.
In Bedminster, N.J., Nancy Bernstein and Greg Rosen, the Bernstein Rosen Group, join from Bank of America Merrill Lynch. Bernstein was with Merrill Lynch for 13 years, FINRA records show, while Rosen had joined the firm in March 2008.
Together, Bernstein and Rosen previously had $157 million in client assets under management and $1.38 million in annual fees and commissions. They report to Morgan Stanley Smith Barney branch manager Robert Milligan Jr.
In Akron, Ohio, Bryan Jones and James Woods, who operate together under the name Jones/Woods Group, also joined from Merrill Lynch. Jones joins Morgan Stanley Smith Barney after more than 25 years at Merrill Lynch, according to FINRA records, while Woods had been with the firm for 26 years.
Together, they previously had $210 million in client assets under management and $1.97 million in annual production. They report to Northern Ohio complex manager Thomas Russ.
In Hudson, Ohio, T. Gregory Naples and Chris Naples, operating as the Naples Team, joined from UBS Financial Services, where they both served for about four years, according to FINRA records.
The Naples team previously had $100 million in client assets under management and $1.29 million in annual fees and commissions. They report to northern Ohio complex manager Thomas Russ.
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