Stifel Financial continues a very aggressive months-long recruiting spree that’s already added several wirehouse representatives to the firm. Most recently, the company poached several advisors who collectively managed over $1.1 billion, Stifel says.
In Murrieta, Calif., Gary Allen, Peggy Allen, Tony Ondracek, Robert Babcock and Greg Munro join Stifel from Merrill Lynch, according to a press release from Stifel. The team previously oversaw $596 million at the wirehouse, Stifel says.
And Miles Luchtenburg and Kyle Owens join Stifel’s new Clive, Iowa, location, the company’s seventh private client group office in the state, Stifel says. The pair previously collectively oversaw $330 million at Raymond James, according to the press release.
Finally, in Newport Beach, Calif., Stifel added Ray Martin and Craig Bentley, who previously collectively managed $178 million at Wells Fargo Advisors, Stifel says.
“High-quality wirehouse and regional advisors are realizing that Stifel takes them back in time when the business was fun and the only focus was on their clients,” John Pierce, Stifel’s head of recruitment, says in the press release. “Large teams have accelerated their due diligence on Stifel while their firms remain in the broker protocol. Our unique culture is compelling and continues to drive our recruiting success in 2019.”