Morgan Stanley loses two reps to Wells Fargo

California brokers in Beverly Hills and Rancho Bernardo oversaw a total of nearly $373 million.
OCT 12, 2017

Two brokers at separate California offices have left Morgan Stanley for Wells Fargo. Bernard Suissa managed $192.8 million for Morgan Stanley in Beverly Hills and Michael Muehl managed $180 million in assets at the firm's office in Rancho Bernardo. Mr. Suissa began his securities career at Merrill Lynch in 1994. He moved to Citigroup in 2007 and to Morgan Stanley in 2009. Mr. Muehl began his career in 1985 at International Financial Services Capital. He was with E.F. Hutton and Shearson Lehman Hutton from 1986 to 1990, and then joined A.G. Edwards, where he remained for 10 years. He joined UBS in 2000, and Morgan Stanley in 2006.

Latest News

The power of cultivating personal connections
The power of cultivating personal connections

Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.

A variety of succession options
A variety of succession options

Whichever path you go down, act now while you're still in control.

'I’ll never recommend bitcoin,' advisor insists
'I’ll never recommend bitcoin,' advisor insists

Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.

LPL raises target for advisors’ bonuses for first time in a decade
LPL raises target for advisors’ bonuses for first time in a decade

“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.

What do older Americans have to say about long-term care?
What do older Americans have to say about long-term care?

Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.

SPONSORED The future of prospecting: Say goodbye to cold calls and hello to smart connections

Streamline your outreach with Aidentified's AI-driven solutions

SPONSORED A bumpy start to autumn but more positives ahead

This season’s market volatility: Positioning for rate relief, income growth and the AI rebound