Stifel Financial Corp. is a diversified financial services holding company that conducts its business through several wholly owned subsidiaries. Its primary broker-dealer subsidiary, Stifel, Nicolaus & Company, Incorporated, is a full-service brokerage and investment banking firm established in 1890.
Stifel Financial Corp. was formed as a holding company in July 1983 and is publicly traded on the New York Stock Exchange under the symbol "SF."
"We are pleased with our performance for the quarter, which included record net revenues. While our profitability is clouded by merger-related charges, it is noteworthy that our Global Wealth Management segment posted record revenue and profitability, and our Institutional segment generated record quarterly revenue. As we work through the KBW integration process and the related expense reductions, we expect to continue to report both GAAP and non-GAAP results for the remainder of the year. Looking forward, we are focused on leveraging our new and established businesses to drive growth and profits across the platform. Additionally, we are on track this quarter to complete the acquisition of the U.S. institutional fixed income sales and trading team and hiring of the European team from Knight Capital Group." (Read More)
"We are thrilled that Norma, an exceptionally talented and well-respected banker, has decided to join us as a senior member of our management team to help lead the restructuring effort. Norma will play an important role in bringing together all of Stifel's capabilities to benefit our clients." (Read More)
"Expanding our fixed income business has been an initiative of ours. We look forward to welcoming this well-regarded, highly complementary team, specializing in institutional fixed income sales and trading, to our full-service platform. We continually evaluate opportunities to drive our growth and expand our product offerings to our clients. This addition is a continuation of that goal." (Read More)