Morgan Stanley Wealth Management has confirmed the addition of two former Merrill Lynch advisor teams in New York.

Nancy Buttweiler, Kristopher Schultz and David Peterson previously managed $141 million in assets and had a combined production of over $1.2 million. They report to branch manager Michael Junker in St Paul.

Richard Prybyl, Richard Farr and Steve Headrick previously managed $248 million and had a combined production of about $1.8 million. They join Morgan Stanley in Ithaca and report to Dean Wallace, Central Eastern, NY, complex manager.

In a similar move, last week On Wall Street reported that Morgan Stanley Wealth Management had recruited eight financial advisors - seven from Merrill Lynch and one from Barclays - with a combined $778 million in assets under management.