Wedbush Securities and Baird have recruited advisors from Morgan Stanley Smith Barney (MS), the broker-dealers said Tuesday. Both advisors are coming to these firms as employee advisors. (Earlier this week, two Morgan Stanley teams moved to the independent channel of Wells Fargo by joining FiNet.)
Los Angeles-based Wedbush added Tina Huyler to its Private Client Services Group as vice president, investments. She is a 20-year industry veteran and will continue to serve clients in Colorado and surrounding regions.
“We are pleased to welcome Tina to our team of Wedbush financial advisors. Her seasoned approach to investing and proven track record of success aligns with the caliber of service we strive to provide our clients,” said Wesley Long (left), executive vice president and head of Private Client Services for Wedbush Securities, in a press release.
Wedbush, which is privately held, has more than more than 400 advisors in 100 offices nationwide. The broker-dealer’s five-year goal is to expand to 700 employee reps.
Milwaukee-based Baird hired R. Parker Griffith to head its wealth management office in Nashville, while also serving clients. At Morgan Stanley, Griffith managed about $120 million in assets.
According to Baird, the ex-MSSB advisor is replacing longtime branch manager Fred McLaughlin, who will continue to serve clients and grow his business as a Baird financial advisor.