The brokerage firm Stifel, Nicolaus & Co has added financial advisor Stephen Knudson as a first vice president of investments within the its Billings, MT, private client group.

Knudson spent the last 20 years at Morgan Stanley Smith Barney (now Morgan Stanley Wealth Management), where he served clients who had $112 million in assets.

Stifel, Nicolaus & Co is a subsidiary of St Louis, MO-based Stifel Financial.

Yesterday, the firm confirmed that it has made two hires in Ohio and Pennsylvania from Robert W Baird and Janney Montgomery Scott. In Conshohocken, PA, Mark Kaskey, W Jason Beard and Robert Cellucci joined the private client group from Janney, while Joshua Weiland joined the Dayton, OH, office from Baird.