Stifel Financial

In J.D. Power’s annual survey, independent and employee reps gave wealth managers a higher satisfaction index than last year.

The firm slimmed down its headcount slightly, even as it saw an uptick in advisor-related revenues from fees and asset management.

The annual full-service investor rankings picked a new winner for 2021 while tracking major generational differences.

With a new brand and new leadership, the firm hopes to tap into a burgeoning wealth management sector.

The new hires include industry veterans and they join a growing branch in Dallas.

The firm’s four new additions came from two wirehouses.

The former wirehouse team oversaw $1.15 billion and will staff a newly opened office for the regional BD.

The seven advisors managed more than $450 million in combined client assets.

The former broker allegedly also used his client’s money to pay bills at gas stations, grocery and hardware stores, according to the regulator.

This follows another August acquisition — an ex-UBS team that managed $1 billion in assets.