Merrill Lynch and Wells Fargo both lost advisors collectively managing around $385 million to rivals in the past few days.

John Patterson has joined the Redlands, Calif., office of Stifel Financial, the company says in a press release. He previously oversaw $65 million at Wells Fargo Advisors, Stifel said.

Stifel also poached J.R. Koeijmans and Lance Whitworth from Merrill Lynch, where they previously managed $250 million, according to the press release. The pair join Stifel’s broker-dealer subsidiary, Stifel, Nicolaus & Co., the company says.

Stifel has lured several wirehouse brokers in recent weeks. Just this month, prior to the recent hires, Stifel nabbed several advisors collectively managing over $1.4 billion at UBS, Merrill Lynch, Wells Fargo, Raymond James and Oppenheimer.

Last month, Stifel picked up several advisors from Merrill Lynch, Wells Fargo, Charles Schwab and Hilliard Lyons who collectively oversaw $553 million. And in February, a team of UBS advisors managing $730 million jumped ship to Stifel.

Meanwhile, in Austin, Texas, Kranston Kincaid joins Dallas-based HilltopSecurities Independent Network’s private client group, the company says in a press release. Kincaid previously oversaw $70 million at Merrill Lynch, according to HTIN. In addition, Raymond James & Associates lost Christophe Dupin de Saint Cyr and Greg Shankle in San Pedro and Hermosa Beach, Calif., to HTIN, according to the press release. The pair previously managed $80 million, HTIN says.

HilltopSecurities also picked up Amy Barnes in Springfield, Ill., from U.S. Bancorp, where she previously oversaw $149 million, and Shane Abernathy in San Antonio from Investment Professionals, where he managed $83 million, according to the press release.


“The one thing I hear constantly from wirehouse advisors across the country is that their firm has lost its advisor-centered focus,” Dave Geschke, president of HilltopSecurities Independent Network and senior managing director of HilltopSecurities Wealth Management, says in the press release. “As a regional-sized company with a national presence, we’re happy to show them how their business can advance with a firm that pays attention.”