Stifel Financial says it has added three advisors with a total of $300 million in client assets, one of whom joins from Wells Fargo. Meanwhile, RBC Wealth Management says it has welcomed a $210 million team from Merrill Lynch.
“We continue to have advisors joining us from bank-owned entities, and momentum is building from our nontraditional competitors,” according to John Pierce, Stifel’s head of recruitment.
Jay Mastilak is now part of its Pittsburgh office after leaving Wells Fargo, where she was responsible for $180 million in client assets. The certified financial planner has 36 years in the business and started her career at Merrill Lynch.
“We are very excited to welcome Jay to the Stifel family,” Pierce said. “Stifel’s Women’s Initiative Network (WIN) is proving to be a critical support mechanism for women advisors considering Stifel.”