May 12 Wells Fargo Advisors said it hired a team of financial advisers from Morgan Stanley.
The Lev Sher Group of Wells Fargo Advisors comprises Norman Lev and Glen Sher, managing directors-investment, and Michael Jeshiva, vice president-investment officer.
The team managed more than $236 million in client assets and had fees and commissions of more than $2 million. The team joined Wells Fargo Advisors' Woodbury branch, Long Island, New York this month.
A Morgan Stanley spokeswoman was not immediately available to comment on the departure.
Wells Fargo Advisors is a non-bank affiliate of Wells Fargo & Co (Reporting by Avik Das in Bangalore; Editing by Sriraj Kalluvila)
REFILE-India's Infosys says reassessing long-term goals due to tougher market
Bengaluru, June 24 Infosys Ltd, India's second-biggest software services exporter, is re-evaluating its long-term targets because tougher market conditions have made them appear "daunting", the company's chairman said on Saturday.