Mark Mantooth, Alex Pols, Pat Shields and Ben Rutland join Morgan Stanley’s Huntsville, Ala., office from Merrill Lynch, FA-IQ sister publication FundFire writes citing a source familiar with the move. Mantooth and Pols managed $891 million and generated roughly $4.8 million over the past 12 months, according to FundFire. Shields oversaw $346 million in client assets, generating $2.7 million in revenue, and Rutland managed $154 million, generating over $1 million, the publication writes.
Additionally, Brett Goetz has joined Morgan Stanley’s Plantation, Fla., office, according to FundFire. He previously managed $100 million at UBS, generating $960,000 in production, the publication writes.
The new hires follow several large departures from Morgan Stanley. This year, the wirehouse already lost a pair of advisors to boutique wealth management outfit William Blair, as well as several advisors to Janney Montgomery Scott and Rockefeller Capital Management.