In the larger of the moves, a duo managing $1.2 billion in assets joined Stifel, Nicolaus & Co. in  Des Moines, Iowa, according to a spokesperson for the firm. The group, which moved on Tuesday, includes Merrill lifers Grant Clark and Mark Malone as well as client associates Sara O’Brien and Lyndsi Truka.

Source: Merrill Loses $1.2-Billion Team to Stifel in IA, $705-Mln Group to LPL in OK – AdvisorHub