Morgan Stanley has lured a team of three private wealth advisors from Credit Suisse that managed more than $5bn in client assets.
The team, which comprises 13 individuals including private wealth advisers Richard Zinman, Anthony Dertouzos and John Moreno, will join Morgan Stanley in New York.
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Zinman and Dertouzos will join the firm as managing directors, while Moreno will work as an executive director.
The trio will report to Nelson Gaertner, Park Avenue complex manager.
The three brokers joined Credit Suisse in 2008 from Smith Barney.
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By GlobalData
