A Raymond James team which oversaw $160 million in client assets has left the firm to join Stifel, a spokesman acknowledged.

Mark Kopkin and Scott Englehardt now operate from Stifel's Atlanta office, the firm said. They are joined by Yolanda Etchison, client service associate.

Kopkin said in a statement that they made the move in part because they felt Stifel "shares the same values and culture we do."

The two advisers are industry veterans. Kopkin started his career at Merrill Lynch in 1984 while Englehardt got his start in the business at Chatfield, Dean & Co. in 1991, according to FINRA BrokerCheck records.

Stifel's newest recruits are a Raymond James team that includes advisers Mark Kopkin (left) and Scott Englehardt as well as client service associate Yolanda Etchison.

They later ended up at PaineWebber, transitioning to Wachovia in 1999 and then Morgan Keegan in 2007. That brokerage was later acquired by Raymond James.

Both Raymond James and Stifel have been aggressive in attempting to lure away talent from rivals, particularly their larger wirehouse competitors.

"While Stifel opened its doors in Atlanta a little over two and a half years ago, we are growing and advisers are taking notice," Atlanta branch manager Marcus Wheeler said in a statement.

Stifel's headcount rose to 2,299 in the first quarter from 2,289 from the prior period, according to its earnings report. The St. Louis-based firm announced other new hires this week: a father-son adviser duo that joined Stifel in Janesville, Wisconsin. Michael and Christian Nimmo were previously with UBS.

A Raymond James spokeswoman could not be reached for immediate comment. The St. Petersburg, Florida-based firm recently reported its headcount grew to 7,222 independent and employee advisers from 7,128 for the prior quarter.

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