Stifel extends hiring streak with $350M advisor from Wells Fargo
Stifel hired an advisor overseeing $350 million from Wells Fargo, building on its recruiting momentum for 2020.
Like other regional BDs, Stifel has been on aggressive hiring push and winning over advisors from its larger wirehouse competitors.
So far this year, Stifel has added 15 advisors and trainees who have averaged more than $100 million in AUM. The firm has yet to report fourth-quarter earnings, but its headcount stood at 2,097 for the third quarter, up 52 year-over-year.
Randy Seymour, Stifel’s newest advisor, joined the firm in Altoona, Pennsylvania. He will locate later this month to nearby Ebensburg where Stifel will open its 21st office in the state.
Seymour had been with Wells Fargo and its predecessor firms since 1993, according to FINRA BrokerCheck records.
A Wells Fargo spokeswoman declined to comment on the departure.