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.