Spring is shaping up to be a fairly decent season so far for Morgan Stanley’s (MS) recruiting team.
The firm, which is led by James Gorman, said Monday that it successfully recruited four advisors from rival firms with a total of $3.7 million in yearly fees and commissions and more than $425 million in client assets under management.
The latest recruits include Mark Pentella, who joined Morgan Stanley Wealth Management’s office in Akron, Ohio, from Merrill Lynch (BAC). He moved with fellow advisor Jessica Palmer.
The group, which has about $1.13 million in annual production and $125 million of client assets, now reports to branch manager Jason Haines.
In Riverwoods, Ill., David and Kirsten Gordon joined Morgan Stanley from Wells Fargo Advisors (WFC). The Gordon Financial Group, which has about $2.6 million in yearly production and more than $300 million in client assets, now reports to branch manager Mark Boersma.