Stifel grabs advisors with more than $2.3B
Stifel landed several new hires, including one team that oversaw more than $2 billion, furthering the firm’s expansion efforts.
The firm’s hiring spree has prompted it to open five branches so far this year and 17 new offices in 2018. Many of Stifel’s hires have come at the expense of wirehouses, including two former Merrill Lynch advisors who oversaw $1 billion. They moved into a new Stifel location in Fort Worth, Texas.
Of the company’s latest hires, the biggest was a team from U.S. Bank comprised of Scott Dolan, Jim Taylor, Tony Sausville and Mark Graham. They are based in St. Louis, where Stifel is headquartered. Three of the team members have updated their LinkedIn profiles and a Stifel representative confirmed the group joined the firm. The team, which made the move earlier this month, was previously responsible for client assets of $2 billion.
In addition, Stifel nabbed three advisors from two wirehouses. Merrill Lynch lost J.R. Koeijmans and Lance Whitworth. The Dallas-based duo previously oversaw $250 million, according to their new employer. Koeijmans and Whitworth have nine and 13 years of industry experience, respectively, according to FINRA BrokerCheck records.
From Wells Fargo, Stifel hired John Patterson. He oversaw $65 million and is based in Redlands, California, according to his new employer. Patterson had been registered with Wells Fargo and predecessor firm A.G. Edwards since 1999, per BrokerCheck.
Spokeswomen for U.S. Bank, Merrill Lynch and Wells Fargo declined to comment on the departures.