Stifel Nicolaus has bolstered its presence in the Southeast with the addition of a 26-year industry veteran to its Melbourne, Fla. Office.   

The firm added former Wells Fargo advisor Paula Savage as a senior vice president at the beginning of this month, according to registration records with the Financial Industry Regulatory Authority.

Savage is a legacy A.G. Edwards advisor who had been with that firm since 1987 and before moving to Wells Fargo through a series of acquisitions. She will be reuniting with a former colleague, Elaina Garvin, with whom she had partnered for 15 years at A.G. Edwards. Together, they form the Garvin Savage Wealth Management group and oversee more than $100 million in client assets.

“The enthusiasm that Paula and Elaina bring to providing the highest level of service to their clients, along with their commitment to the community, will only serve to further enhance Stifel’s awareness in the Melbourne area,” Stifel’s chief financial officer, Jim Zemlyak, said in a statement.

As of its third quarter last year, Stifel had just over 2,000 advisors. The Melbourne office has been open since 2007.

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