MS · News · 20260914N

Wealth Management Talent Losses

MORGAN STANLEY · 2026-09-14 · Importance 58 · Surprise 42 · In source text

UBS recruited a Morgan Stanley financial-advisor team managing $1.4 billion in client assets. The move represents a material transfer of wealth-management client assets and intensifies competition for experienced advisors. UBS’s recruitment expands its advisor roster while reducing Morgan Stanley’s associated talent and asset base.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuenegativecontingent—UBS recruited a team of financial advisors managing $1.4 billion in client assets from Morgan Stanley.