Morgan Stanley Wealth Management has expanded its advisor force in Florida with hires from rival brokerages UBS Wealth Management Americas and Wells Fargo Advisors.

Ricardo Kent joined Morgan Stanley’s Florida office from Wells Fargo, where Kent managed US$100 million in client assets and generated more than US$1 million in annual revenue.

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Kent spent a decade at Wells Fargo and its predecessor firms, according to regulatory filings, reported Reuters.

Kent will report to Morgan Stanley branch manager, Giovanni Renteria, and complex manager Billy Van Scoyoc.

In Miami, Morgan Stanley has hired Arturo Castelo Lopez, Jennifer Sierra and Marion Tettke from UBS. The trio managed US$375 million in client assets and produced US$3.5 million in annual revenue at UBS.

Lopez and Sierra joined UBS in 2009, while Tettke had been there since 2005, according to regulatory filings.

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The team will reports to complex manager at Morgan Stanley, Kevin McCarty.