ST. LOUIS, October 21, 2021 – Stifel Financial Corp. (NYSE: SF) today announced that the Lake Wealth Management Group has joined the firm’s broker-dealer subsidiary, Stifel, Nicolaus & Company, Incorporated.
Consisting of financial advisors Tim Kertz, Joe Hartman, and Elgin Rees, the team has 55 years of collective investment industry experience and comes to Stifel from Wells Fargo Advisors, where they were responsible for $330 million in client assets. The Lake Wealth Management Group will be serving clients from two new Private Client Group offices in Lake Ozark and California, Missouri, along with the firm’s existing office in Frontenac, Missouri.
“Over the past few years, I have watched Stifel invest in their advisors, their firm, and most importantly, their clients. Those investments have fueled the growth of their organization, making them an industry leader in client satisfaction,” said Mr. Kertz. “My philosophy as a leader and our team’s philosophy is simple: Take care of those who take care of you. We believe Stifel gives us the best opportunity to take great care of our clients. I am excited and proud to have our team and our friends joining Stifel.”
“The team recognized that Stifel offers the resources, technology, and support they need to serve their clients, along with a unique advisor-centric culture that truly values their entrepreneurial spirit,” said Jim Zemlyak, Co-President of Stifel. “I’ve known Tim since his days at A.G. Edwards, and I’ve watched the success he has had leading the Greater Missouri and St. Louis Markets. He is a proven leader in the industry, and we are proud to have him take the next step in his career by joining us as a Regional Director for Stifel, in addition to continuing to provide high-level service to his clients.”
