The team of Raymond Stacy and Christopher Pieper will join Merrill Lynch in Fort Mitchell, US. Stacy had been with Morgan Stanley for more than 14 years and Pieper had worked for Morgan Stanley since April 2004.

Raymond James added financial advisors Donna Bobbs and her partner Jason Dugan from Morgan Stanley Smith Barney and have set up their own firm River Valley Financial Advisors with Raymond James Dugan, retaining 60% of their clients.

Bobbs started her career in 1980 with Merrill Lynch and joined Morgan Stanley in 2003 while Dugan has been in the industry for eight years, first with M&T Bank before joining Morgan Stanley in 2007.

Bobbs serves as president of the firm, while Dugan serves as vice president and branch manager.

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