A stockbroker who reportedly persuaded clients to invest money directly with him rather than with his firm has failed to return from a golfing trip - and as much as $8 million of his clients' money is missing, officials said.

The Boston office of the firm Dean Witter Reynolds Inc. Monday informed the state Securities Division that employee Walter F. Curran disappeared more than a week ago with between $1 million and $8 million from client accounts, said Marty Meehan of the Securities Division.Curran had allegedly induced his clients to invest as much as $10 million with him directly instead of with the firm, promising bigger profits.