Aug 27 Brokerage firm Stifel, Nicolaus & Co has
expanded its footprint in Ohio and Pennsylvania by hiring
veteran advisers from Robert W. Baird & Co and Janney Montgomery
In Pennsylvania, advisers Mark Kaskey, W. Jason Beard and
Robert Cellucci moved to Stifel from Philadelphia-based
brokerage firm Janney Montgomery Scott. The team, known as the
MJB Wealth Management Group, together managed $178 million in
They joined Stifel's private client group and are based in
the firm's Conshohocken, Pennsylvania, office.
In Ohio, adviser Joshua Weiland joined Stifel's Dayton
office from Milwaukee-based Robert W. Baird & Co. Weiland, who
had been at Baird for nine years, managed $138 million in client
Stifel, Nicolaus & Co is a subsidiary of St. Louis-based
financial services holding company Stifel Financial Corp.
Stifel, which has benefited from the movement of veteran
financial advisers away from larger national brokerage firms,
said it had added 152 advisers to its wealth management unit
Baird and Janney did not immediately respond to requests for
comment on the departures.