Aug 12 Morgan Stanley Wealth Management said
Monday it hired a veteran adviser who managed $350 million in
client assets at Deutsche Bank.
Martin Domres, who joined Morgan Stanley in Baltimore
on Friday, produced over $2 million in annual revenue at
Deutsche Bank. He reports to Morgan Stanley branch manager Scott
Deutsche Bank AG declined to comment.
Domres had worked for Deutsche Bank and its predecessor
firms since 1990. Pprior to that he was with A.G. Edwards & Sons
Inc., according to regulatory filings.
Morgan Stanley's adviser headcount stood at 16,321 at the
end of the second quarter, down 157 from a year earlier but up
37 from the first quarter.