Stifel Financial has recruited five Wells Fargo advisors with over $670 million in combined client assets. The advisors join Stifel in California, Michigan and Pennsylvania.
“Advisors know they own their book at Stifel and are moving here with record assets under management,” according to John Pierce, Stifel’s head of recruitment.
“The leadership at Stifel values the relationship advisors have with their clients. We understand that our job is to take care of our advisors, and it’s our advisors’ job is to take care of their clients,” Pierce added.
Coming on board in Newport Beach, California, are Taylor Browman and Tyler Weaver, who work with $240 million in client assets. They follow Ray Martin and Craig Bentley, who left Wells Fargo and became part of Stifel’s Newport Beach in April.
Browman has been an advisor for 37 years and spent the past 12 at Wells. Weaver has four years in the business.
Dave Bry moved to Stifel’s new Private Client Group office in Bay City, Michigan. At Wells Fargo Advisors, he was responsible for $170 million in assets; he spent seven of his past 20 years as an advisor with Wells Fargo.
Steve Clark and Rick Stubbs have joined Stifel in Okemos, Michigan. Earlier, they managed $175 million. Clark spent the past 15 of his 25 years as an advisor with Wells Fargo, while Stubbs was with Wells for 15 of his past 37 years in the business.
Stephen Sosangelis, who has worked as an advisor for 21 years, moved to Stifel in Conshohocken, Pennsylvania. At Wells, he was responsible for $86 million and spent the past 14 years with the firm.
Ladenburg Thalmann Financial Services has announced several new programs, including a Super Women’s Summit and NxG Connect Study Group for next-gen financial advisors.
The firm shared the plans at its recent national conference for advisors with independent broker-dealers Securities America and KMS Financial Services. It will host a national event for advisors with Triad Advisors, Securities Service Network (SSN) and Investacorp in August.
The Super Women’s Summit, a women advisors’ business workshop started by Securities America, has been rolled out across Ladenburg.
Close to 200 female advisors attended a recent summit and a second one will be held as part of Ladenburg’s August national event.
“ Ladenburg’s new enterprise-wide Super Women’s Summit is a terrific platform that will help our women advisors feel even more deeply that they are part of a larger family that exists to support their business growth,” according to Erinn Ford, president & CEO of KMS.
Ladenburg’s newly formed NxG Connect Study Group is a nationwide study group for advisors across the company under age 40.
Developed by Securities America over the past five years, this year’s NxG Study Group included nearly 60 financial advisors. A second event will take place at Ladenburg’s August event. Plus, Ladenburg may introduce a digitally based program.
“Our first-ever enterprise-wide NxG Connect session marks the commencement of a new stage of concerted efforts from Ladenburg’s family of firms to attract next-generation advisors, show them that they are not alone, and accelerate their career development,” said Jim Nagengast, CEO & president of Securities America, in a statement.