Hicks left Morgan Stanley in fall 2007, less than two years after he joined, according to the arbitration claim. He is not currently registered with another firm.
Sometimes, advisors leave shortly after joining a firm because they don't meet production hurdles and are pushed out by management. Other times, they leave when promises made by management during the recruitment process aren't fulfilled.
Spokespeople for Morgan Stanley and UBS declined to comment on the cases.
Efforts to reach Hicks were unsuccessful. Hicks' former lawyers didn't respond to telephone calls and emails requesting comment.
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