Stifel Financial

A months-long court fight ended when a judge granted the wirehouse’s request to restrict the advisors’ ability to contact clients.

The new hires came at the expense of Merrill Lynch, Morgan Stanley, UBS and Hilliard Lyons.

It’s the latest losses for the wirehouse, which has suffered from advisor attrition.

The latest recruiting sweep included eight advisors in five states.

The broker is part of a wave of new hires at the regional brokerage firm.

To sway a federal judge, both sides have tried to bolster their arguments by pointing to Facebook, joint production agreements, news articles and more.

The firm is working hard to lure advisors away from its larger rivals, said CEO Ronald Kruszewski.

The relationship disintegrated because of a dispute about where to best place client trades.

The deal is the latest addition to the regional BD’s growing portfolio of M&A deals.

The firm had sued a former $660 million team that moved in September to Stifel.

The scheme involved paying cash kickbacks to a former Barclays and Stifel advisor who worked on the wealth syndicate desk.

More than half of the broker-dealer’s new hires come from Wells Fargo.

John Gregory Schmidt allegedly devised a 14-year scheme that straddled his time with Stifel and Wells Fargo.

The advisors also reject the wirehouse’s claims they violated non-solicitation agreements.

Dynasty, Raymond James and Stifel are among the biggest beneficiaries of recent advisor moves.

The firm claims it is also missing important documents related to a large institutional client.

The regional BD has picked up 15 advisors this month alone.

The new hires build on the firm’s recent recruiting successes.

The new hires include a rare independent-to-employee career move.

Both the regional BD and RIA have benefited from an exodus of wirehouse talent.