Morgan Stanley, Wells Fargo lose reps to Baird
Brokers in Chicago and Nashville collectively managed $325 million.
Two registered reps — one who managed $175 million at Morgan Stanley, and the other who managed $150 million at Wells Fargo — have joined Robert W. Baird & Co.
(More: See all the latest moves in the InvestmentNews Advisers on the Move database)
Thomas Marchal of Chicago spent 23 years at Morgan Stanley and its predecessor firms.
Ken Williams of Nashville, Tenn., began his securities career in 1983 at Prudential-Bache and moved to Merrill Lynch in 1987. He rejoined Prudential in 1992, which subsequently was acquired by Wells Fargo.
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