Stifel Financial says an advisory team has joined its broker-dealer subsidiary from Merrill Lynch, where it had $420 million in client assets.

The Power Wealth Management Team has joined Stifel, Nicolaus & Co. in Frontenac, Missouri.

The team includes managing director of investments Barry Power, advisor Ben Alsop, and client service associates Tami Shaw and Brenna Kunin, according to Stifel.

“Stifel will provide our team with the resources we need to continue our first-class service to our clients,” Power said in a statement.

Power has been in the industry since 2001, when he registered with Morgan Stanley, and has also been registered with Merrill Lynch, according to his BrokerCheck record.

Alsop has been in the industry since 2019 when he registered with Merrill Lynch, according to his BrokerCheck record.