Stifel Financial has hired three financial advisors from Raymond James for its broker-dealer subsidiary, Stifel, Nicolaus & Company.
In addition, the company has launched its new Private Client Group office in Atlanta, which is Stifel’s ninth location in Georgia.
Go deeper with GlobalData
The three new recruits include Richard McGalliard, senior vice president/investments and branch manager; John McHale, senior vice president/investments; and Ryan Stewart, senior vice president/investments.
Robert Chanin, a senior vice president/investments, currently based in Stifel’s office in Macon, Georgia, will divide his time between Atlanta and Macon.
Together all the four advisors will be accountable for managing more than $490million in client assets.
The new office that will accommodate Stifel’s Atlanta Private Client Group, will also integrate the firm’s existing Atlanta-based Equity Research, Institutional Equity Sales, and Public Finance associates, as well as professionals from Stifel’s Keefe, Bruyette & Woods subsidiary.
A total of 26 associates will be based at the new office.
Stifel president James Zemlyak said, "By combining multiple functions at a single location, Stifel is establishing a solid base for continued growth, and we look forward to becoming the firm of choice for talented, entrepreneurial professionals in the region."
