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Wells Sweeps Nine Brokers from UBS, Morgan Stanley in Past 10 Days

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Wells Fargo said it landed five brokerage teams managing about $570 million from rivals UBS Wealth Management USA and Morgan Stanley Wealth Management in the past ten days. The moves in Los Angeles, Oakland, New York, Jacksonville, Fla., and Westport, Conn. suggest the persuasive power of the elevated recruiting deals…

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