Stifel Financial is continuing its recruiting push into the second quarter with the hiring of nine financial advisors with over $1 billion in total assets. The FAs join from Merrill Lynch, Wells Fargo and Raymond James.
The news comes a week after Stifel added six financial advisors from Merrill, Wells and other firms with a total of $323 million in client assets.
“High-quality wirehouse and regional advisors are realizing that Stifel takes them back in time when the business was fun and the only focus was on their clients,” according to John Pierce, head of recruitment. “Large teams have accelerated their due diligence on Stifel while their firms remain in the broker protocol. Our unique culture is compelling and continues to drive our recruiting success in 2019.”
With nearly $600 million in client assets, Gary Allen, Peggy Allen, Tony Ondracek, Robert Babcock and Greg Munro are now part of Stifel’s office in Murrieta, California (near Temecula) after leaving Merrill Lynch.