Raymond James Nabs $800M Wells Fargo Team in Salt Lake City

"The independence and freedom this firm offers and the ability to run your own business is very unique in this industry," according to Daniel Kaschmitter. "In addition, having advanced, cutting-edge technology at the tips of your fingers is unmatched."

Stifel Hires

Stifel said Friday that Frank (Rick) Bellar Jr. and Frank (Trey) Bellar III have joined it in Cookeville, Tennessee, from UBS, where they managed $86 million and $50 million, respectively. 

The senior Bellar has 41 years in the business and began his career at J.C. Bradford, while the younger Bellar has been an advisor for a decade. (Both are still listed as UBS advisors on BrokerCheck.) 

In addition, Zachary Karr has moved to Stifel's Washington, D.C., Private Client Group office from Wells Fargo, where he worked with $77 million. He has 16 years of industry experience. 

"We have shown throughout 2019 that regardless of protocol or non-protocol, the advisor brings their book to Stifel," said John Pierce, head of recruitment, in a statement.