Morgan Stanley has recruited an advisor who managed $388 million while at UBS, according to a spokeswoman.
It’s the most recent hire for the wirehouse, which has said it would reduce
These policy statements, however, haven’t completely frozen the hiring of top talent.
In this latest move, former UBS advisor Christine Carona in late July joined
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It seems that a long bull market in transition deals may be coming to an end.
May 23 -
"It's always nice when one poker player folds and it's down to two or three players," one recruiter says.
May 12 -
The wirehouse's executives think they've struck on the right formula to boost growth through a simplified comp plan, greater autonomy and an attractive retirement package.
April 17
This year has seen more moves, bigger moves and more expensive moves.
While at her prior firm, she generated more than $2 million in annual revenue, according to Morgan Stanley.
Carona had been with
Morgan Stanley
A UBS spokesman declined to comment on Carona's departure.
UBS, for its part, hasn’t completely refrained from recruiting new advisors either. The Swiss firm