Stifel Nicolaus recruited two advisor teams managing nearly $290 million in assets from rival brokerage D.A. Davidson, according to a Stifel spokesman.In the larger of the two moves, advisors David Kuhns and Chris Molvig joined Stifel in Billings, Mont. While at Davidson, they managed about $159 million in client assets.

via Stifel Recruits Advisors Managing $290M | On Wall Street.