Charles Patrick O’Connor, who managed $450 million at Morgan Stanley, has joined Baird in Yakima, Washington, Baird announced Tuesday. Separately, Thomas Helms and Scott Shadid, who led a team managing more than $400 million at Morgan Stanley in Durango, Colorado, also joined Baird.
O'Connor has 23 years of experience, according to his BrokerCheck report, and had been affiliated with Morgan Stanley since 2009.
Helms has 14 years of experience and had been affiliated with Morgan Stanley since 2009, according to BrokerCheck, while Shadid has eight years of experience, all of it at Morgan Stanley. They are joined in the move by staffer Brett Cadwell.
Elsewhere, a Commonwealth team in Massachusetts converts to Cetera, while Janney draws four former Wells Fargo advisors to its Radnor, Pennsylvania office.
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The partnership arrives as most small business owners near retirement age still don't have a formal succession plan in place.
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