UBS loses $300M team to Stifel as wirehouse exodus accelerates
By Amanda Schiavo
Stifel lured away a team managing $300 million in client assets from UBS, a spokesman said.
It’s the latest hire for the regional firm, which has been aggressively attempting to lure more talent. Last week, Stifel picked up an advisor managing nearly $300 million from Janney Montgomery Scott.
The newest hires, advisors Ken Miller and husband-and-wife duo Tony and Bianca Urdes, joined the regional brokerage firm in Portland, Oregon. The team’s clients include early stage investors and ultrahigh-net-worth individuals.