Frank Devincentis, Craig Eyler and Molly Girard, a Chicago-based trio, are creating Verismo Financial to operate within the wirehouse’s independent channel.

Advisors Frank Devincentis, Craig Eyler and Molly Girard have joined Wells' FiNet independent channel, where they'll form Verismo Financial. The practice, which operated as The Chicago Group at Morgan Stanley, was founded in 1977, according to its Morgan Stanley webpage.

The Wall Street bank's latest additions to its independent advisor channel, FiNet, in Illinois bring more than 40 years of collective experience.

Merrill Lynch recruited an advisor team from Morgan Stanley that oversaw $2.2 billion in client assets, the company said Thursday. Advisors Jim Oberheide and Brandon Schlesinger joined Merrill Private Wealth Management,

Merrill Lynch has again grabbed a long-tenured financial advisor team from wirehouse rival Morgan Stanley, this time adding a four-person group in Chicago. Advisors Jim Oberheide and Brandon Schlesinger joined Merrill Private Wealth Management on Thursday,