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Wells Fargo brokers managing $179 million move to Stifel

Russ Schwartz and Kaival Patel make switch in Hackensack, N.J.

Russ Schwartz, who managed $144 million at Wells Fargo Advisors, and Kaival Patel, who separately managed $35 million at the firm, each have moved to Stifel Nicolaus in Hackensack, N.J.

Mr. Schwartz began his securities career in 1996 at Dean Witter Reynolds and moved to A.G. Edwards, a predecessor of Wells Fargo, in 1999.

Mr. Patel began his securities career in 2001 at Axa Advisors. After short stints at two other firms, he joined Wells Fargo in 2011.

(More: Wells Fargo tests investor patience with latest scandal)

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