Stifel Nicolaus said it has added three advisers from Merrill Lynch.
John Carpenter and Faisal Raza, who managed $128 million at Merrill Lynch, have joined Stifel Nicolaus in its Dallas office.
Also joining Stifel from Merrill Lynch, where he managed $115 million, is Jake Allen, who has moved to the firm’s Frontenac, Missouri, office.
See the latest Advisers on the Move here.
The Wall Street giant has blasted data middlemen as digital freeloaders, but tech firms and consumer advocates are pushing back.
Research reveals a 4% year-on-year increase in expenses that one in five Americans, including one-quarter of Gen Xers, say they have not planned for.
Raymond James also lured another ex-Edward Jones advisor in South Carolina, while LPL welcomed a mother-and-son team from Edward Jones and Thrivent.
MyVest and Vestmark have also unveiled strategic partnerships aimed at helping advisors and RIAs bring personalization to more clients.
Wealth management unit sees inflows of $23 billion.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
