Stifel, Nicolaus & Company picked up two wirehouse teams that managed more than $1 billion in combined AUM, boosting the St. Louis-based firm's presence in the Carolinas to 18 offices from 15.

In North Carolina, six former Wells Fargo advisors that managed $586 million in assets have opened Stifel's Greensboro office. And with the addition of Bulldog Investment Consulting, a former UBS team that managed $542 million in assets, Stifel now has offices in Charleston and Columbia, S.C.

“Not only are we adding a high-quality group of financial advisors, we’re expanding our footprint to include two important markets in the state of South Carolina in Charleston and Columbia," James Zemlyak, chief operating officer of Stifel, said in a statement.

Stifel has added 50 new advisors since the year began, raising the total number to 2,084.

Bulldog Investment Consulting is led by branch manager Barre McLeod Butler, who will oversee advisors Park Smith Jr., W. Hampton Avant and Lucinda Shields.

The Greensboro office will be staffed by branch manager Paul Vidovich as well as advisors Gregory Gonzales, Rob Mitchell, Jacqueline Wieland, Phillip Joyce, and Michael Planning.

“We’re excited to make Stifel our new home,” said Vidovich.  “We performed a great deal of due diligence and found Stifel to be the perfect fit for us. As a firm that values its advisors and their client relationships, Stifel has a compelling story to tell, and from our standpoint, its offerings are tremendously appealing.”

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