In Florham Park, N.J., Stifel added Eric Zeltner, who previously oversaw $55 million at Merrill Lynch, according to a press release from Stifel. Meanwhile, in Ann Arbor, Mich., Stifel poached Robert Henry, the company says.
He previously managed $63 million at Wells Fargo Advisors, according to the press release. Stifel also lured Mike Thompson from Schwab in Bellevue, Wash., who previously oversaw $100 million, Stifel says. And in Bozeman, Mont., Stifel recruited Jim McMahon as an entry-level financial advisor, according to the press release. McMahon had served as a regional recruiting manager for seven years at Ameriprise Financial, Stifel says.
Stifel has been steadily reinforcing its advisor ranks by poaching from rivals this year. Last month, the firm snatched several advisors from Merrill Lynch, Wells Fargo and Hilliard Lyons who collectively oversaw $230 million.
The month prior, Stifel Financial’s broker-dealer subsidiary Stifel, Nicolaus & Company, lured several breakaways from Morgan Stanley, Wells Fargo and Merrill Lynch collectively managing over $2 billion.