Stifel, Nicolaus & Company picked up two wirehouse teams that managed more than $1 billion in combined AUM, boosting the St. Louis-based firm’s presence in the Carolinas to 18 offices from 15.

In North Carolina, six former Wells Fargo advisors that managed $586 million in assets have opened Stifel’s Greensboro office. And with the addition of Bulldog Investment Consulting, a former UBS team that managed $542 million in assets, Stifel now has offices in Charleston and Columbia, S.C.

“Not only are we adding a high-quality group of financial advisors, we’re expanding our footprint to include two important markets in the state of South Carolina in Charleston and Columbia,” James Zemlyak, chief operating officer of Stifel, said in a statement.

via Stifel Recruits 2 Teams With Over $1B in Combined AUM | On Wall Street.