Stifel enticed over an adviser from Wells Fargo where he managed $289 million in client assets, making him the firm's latest wirehouse recruit, a spokesman said.
Steve Myatt joined Stifel in Waco, Texas.
Myatt is an industry veteran having started his career at E.F. Hutton in 1982, according to FINRA BrokerCheck records. He later worked for UBS before joining Wells Fargo in 2008.
St. Louis-based Stifel has been on a recruiting push. Last week, the firm hired another ex-Wells Fargo adviser who previously oversaw $184 million in client assets. William Krueger joined Stifel in Decatur, Illinois.
Ex-RBC adviser Janice Reilly also moved to Stifel, joining the firm in Chicago as a senior vice president. Reilly, who started her career at RBC in 2004, previously managed about $94 million in client assets, according to Stifel.
John Pierce, head of Advisor Recruitment at Stifel, said in a statement that the firm's culture "is resonating with larger producers."
The firm reported having about 2,170 employee advisers at the end of the second quarter.
A Wells Fargo spokeswoman declined to comment.