Stifel Financial

Planners have been leaving bank-backed firms in droves in search of what they say is greater freedom and flexibility.

The regional BD's three hires come from Wells Fargo and Ameriprise.

The firm promoted two insiders: David Sliney and Jim Marischen.

Raymond James, Janney, Ameriprise and Stifel are all racking up impressive hires from the wirehouses.

The firm's brokerage ranks increased by just one advisor year-over-year.

Stifel is expanding on the West Coast, hiring 13 recruits in California year-to-date.

The funds allegedly paid for summer camp fees and a 1976 Corvette.

The recruits oversaw more than $200 million in client assets.

Five of the regional BD's new hires come from Wells Fargo.

Industry changes and ongoing bank scandals have tilted the playing field in favor of smaller brokerages.

The move boosts the firm's expansion in the central U.S.

While Raymond James and Stifel are on hiring sprees, Wells Fargo is still losing talent.

The regional firm's new additions consist of two veteran advisors from Wells Fargo and a father-daughter duo from Merrill Lynch.

Wells Fargo has lost at least 80 brokers managing more than $12 billion in assets before the end of the second quarter.

The wirehouse has been fighting to keep managed assets this year, suing ex-advisors for taking client information during their move.

After a busy month nabbing talent from Wells Fargo, Raymond James picks up a team from Stifel.

Three advisors who left the firm years ago are returning to the regional broker-dealer.

Michael O’Keeffe has been with the firm since 2013, having previously worked at Merrill Lynch.

Most of the new hires came from Wells Fargo, which has suffered from advisor attrition over the past year.

The investment bank agreed to buy Business Bancshares in St. Louis.