Stifel Chairman & CEO Ronald Kruszewski (Photo: AP)

Stifel Financial continues to add financial advisors from wirehouse and other broker-dealers, including a team from Merrill Lynch with $250 million in assets and an advisor from Wells Fargo with about $65 million.

Monday’s recruiting news comes about 10 days after the St. Louis-based firm said it added a UBS advisor with roughly $92 million in assets and an advisor from Oppenheimer & Co. with $281 million.

“Financial advisors continue to join Stifel across our 360 private client offices because of a culture that supports them and their clients,” said John Pierce, head of recruitment, in a statement. “Culture is a true differentiator when advisors visit St. Louis to see our best-in-class capabilities tied to a laser focus on our financial advisors and their clients.”

Earlier this month, Stifel hired nine financial advisors with over $1 billion in total assets.The FAs joined from Merrill Lynch, Wells Fargo and Raymond James.

Latest Hires

On Monday, the broker-dealer said ex-Merrill FAs J.R. Koeijmans and Lance Whitworth are now part of Stifel’s Dallas Private Client Group.

“We are extremely excited that J.R., Lance and their team have joined us at Stifel as we continue to grow throughout the state of Texas,” according to branch manager Michael Rodriguez. “Not only are they high-quality advisors, they are great people as well. We look forward to them continuing the incredible growth of their practice in the years to come.”

In Redlands, California, John Patterson came on board from Wells Fargo; he has 25 years of experience as an advisor, including time at Merrill Lynch (1993-1999). Koeijmans has been in the business for nine years, while Whitworth has spent 13 years as an advisor.

On April 12, Stifel said it recruited Jon Uffelman from Oppenheimer to its new office in Birmingham, Michigan; he started his career at Merrill in 1985.

Michael Pascarella joined the firm in a new office in Jamestown, New York. He also cut his teeth in the business at Merrill in 1995.  

As of Dec. 31, Stifel had 2,301 advisors — up three from Sept. 30 and up 57 from a year earlier. Total assets in the firm are about $270 billion, of which roughly $160 billion are part of its Private Client Group.

The firm reports its first-quarter earnings for 2019 on April 29.