St. Louis-based bank unit of Stifel Nicolaus is funding securities-backed loans and credit lines set up through Supernova consulting firm.
Four brokers who were managing some $800 million of client assets open office in Detroit suburbs.
Stifel finds a new producing branch manager for its fledgling Atlanta branch while HighTower picks up a duo in a leafy New York suburb.
Access to muni bond traders and analysts at Parsippany complex was big lure for veteran team.
The muni bond specialist with 40 advisors doubles Stifel’s Indiana offices and adds about $4 billion of assets under management.
Ada, Michigan-based group led by Kevin Cusack oversees $600 million of retail client assets, advises on more than $4 billion of retirement plan funds.