Stifel recruited advisers who managed $1 billion in combined client assets, the firm said.
Former Wells Fargo advisers Herbert Buchbinder, Daniel Stolper and Mary Travis-Swanson managed $500 million in client assets while working for the wirehouse, a Stifel spokesman says. The team is now based in Stifel's Kansas City, Mo. Office.
Buchbinder started his career in 1978 with Kidder, Peabody, according to FINRA BrokerCheck records. He stayed with the firm when it was acquired by PaineWebber in 1994, but left nearly three years later to join George K. Baum. He moved to Wells Fargo in 2000.
Stolper also started his career at Kidder, Peabody in 1987, per BrokerCheck. He moved to UBS in 1995 before joining Wells Fargo in 2003.
Travis-Swanson entered the industry in 1987 through B.C. Christopher Securities, a now defunct firm, according to BrokerCheck. Travis-Swanson also worked for Fahnestock and George K. Baum prior to joining Wells Fargo in 2000, per BrokerCheck.
A spokeswoman from Wells Fargo was not immediately available for comments.
In a separate move, Scott Link joined Stifel from Charles Schwab. He managed $500 million in client assets, according to Stifel.
Operating out of the regional broker-dealer's St. Louis, Mo., Office, Link began his career at Edward Jones in 1993, FINRA BrokerCheck records show. Link moved to Charles Schwab in 1995 and spent more than 20 years at the firm before joining Stifel, according to BrokerCheck.
Both moves were made in May 2016.
A Charles Schwab spokeswoman declined to comment on the move.
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