Morgan Stanley loses three Michigan reps to Ameriprise
Trio managing $270 million joins firm's employee channel.
Three veteran advisers — Kenneth Demps, Robert Dennis and Jay MacKenzie — who managed $270 million in assets at the Troy, Mich., offices of Morgan Stanley, have moved to Ameriprise as employees.
Mr. Demps spent his entire business career at Morgan Stanley, joining the firm in 1984.
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