A former Merrill Lynch advisor team said they felt the firm wronged them by terminating them, according to their attorney.

Veteran advisors Stephen Brown and James Goetz signed on with Stifel on Monday. The team managed $2.5 billion in client assets while at Merrill Lynch and was courted by a number of firms prior to landing at Stifel. The advisors were let go after Merrill Lynch accused them of allegedly violating firm policies.

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