ST. LOUIS, November 18, 2020 – Stifel Financial Corp. (NYSE: SF) today announced that the Stolz-Smith Financial Consulting Group has joined the firm’s broker-dealer subsidiary, Stifel, Nicolaus & Company, Incorporated, in a new Private Client Group office in Midland, Michigan.
The team consists of Doak Stolz, Scott Smith, Ryan Anderson, Dennis Stolz, and Jacob Smith, who come to Stifel from Wells Fargo Advisors, where they were responsible for $1.15 billion in client assets.
“We are delighted to announce the opening of our newest Michigan branch of Stifel in Midland, with the Stolz-Smith Financial Consulting Group,” said Alvin Spencer, Regional Director, Michigan. “Doak, Scott, Ryan, Jake, and Dennis, along with their support associates, join us with the opening our 18th branch in the state. I am thrilled to welcome this team to Stifel – they are a great addition to the Michigan Market.”
“We are very excited to move our practice to Stifel,” said Mr. Stolz. “Stifel checks all of the boxes for us. They have the technology, the research, the infrastructure, and most of all, the client-first culture that we share.”
“Our entire team is very excited to join Stifel,” added Mr. Smith. “We did extensive research and due diligence to find a firm that was true to our roots and extremely client-centric. Stifel gives us all the tools and support to continue to customize individual portfolios to fit our clients’ needs.”
The Midland office is the firm’s second new office in Michigan this year, following Owosso, which opened in August.
