Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Industry Spotlight > Broker Dealers

Stifel Adds 6 Reps From Merrill, UBS and Other Rivals

By Janet Levaux

X
Your article was successfully shared with the contacts you provided.

Stifel Financial says it has recruited six advisors with nearly $660 million in assets from Merrill Lynch, UBS, Edward Jones and Raymond James. These advisors join Stifel on the heels of its net addition of 31 advisors in the third quarter.

“This week’s diverse hires are representative of our recruiting year and reflect that advisors want to be appreciated and given the freedom to serve their clients as they see fit,” according to John Pierce, Stifel’s head of recruiting. “In a nutshell, ‘culture matters,’ and Stifel’s advisor-centric entrepreneurial culture is a huge selling point for many advisors.”

The firm had 2,298 advisors with about $289 billion of client assets as of Sept. 30 — up from 2,252 a year ago and 2,267 as of June 30.

The latest advisors to come on board include Chris Buccheri and Dave Harris, who moved to the firm from Merrill Lynch, where they were responsible for $330 million in assets. The team is now based in Bel Air, Maryland, and Naples, Florida.

Dan Long also joined the Naples office as a producing branch manager. Earlier, he was with UBS and worked with $55 million in client assets.

Elliot Treece and Martin “Kye” Nichols are now part of Stifel’s Paducah, Kentucky, office. They left Edward Jones, where they had $87 million and $53 million in client assets, respectively.

Rachel Hall joined Stifel’s Scottsdale, Arizona, office from Raymond James. She has worked with $33 million in client assets. According to Stifel, she is the fourth former Raymond James advisor added to this office recently.

Janet Levaux

@Think_JanetL

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.