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John Aidan Byrne, New York Post: Business
Sun, 11/19/2017 - 12:34am

Morgan Stanley has locked the gates to keep its high-priced wealth management brokers from fleeing. The new edict — breaking with a 13-year-old agreement known as the Protocol for Broker Recruiting — enacted on Nov. 3 means the bank will threaten wealth management pros with costly litigation if they bolt for a rival brokerage.

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Topics:  morgan stanley   protocol   broker recruiting   nov   brokers   wealth   management   
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