UBS lost an advisor team managing more than $170 million in AUM to Stifel, Nicolaus.

Advisors Clint Weaver and Joe Bozarth joined Stifel and opened an office in Waco, Texas, for the firm. The office is Stifel’s ninth in the Lone Star State. Weazer and Bozarth are joined by registered client service associate Lanna Zorn.

According to FINRA, Bozarth began his career at Merrill Lynch in 1979. He later joined UBS through its acquisition of Paine Webber. Weaver joined UBS in 2006.

The recent grabs come a week after Stifel recruited three former Raymond James advisors for a new office in Atlanta. The trio formed a team with an existing Stifel advisor, and together the four advisors manage about $490 million in assets.

The St. Louis-based brokerage has recruited more than 65 advisors so far this year.

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