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."
“Our record second quarter results demonstrate the strength of our platform. On June 5, 2015, we completed the acquisition of
Sterne Agee, and as a result, our second quarter includes approximately one month of Sterne Agee’s financial results. We are
pleased to welcome our new associates to Stifel.”
“We remain excited about partnering with the professionals at Barclays to continue to grow our Global Wealth Management business. We are committed to investing in and helping grow the Barclays franchise over the long-term, and creating a best-in-class platform to serve our clients. We remain on track to close the transaction in the 4th quarter of 2015.”
"We are excited about today's announcement and our continued growth in our Global Wealth Management business. Barclays' Wealth franchise in the U.S. is a high-touch, high-service business for sophisticated clients. Combining the depth of Barclays' franchise and breadth of Stifel's product offerings, coupled with an entrepreneurial and client-focused culture, will create the premier wealth management platform in the industry today. Importantly, we know that you do not acquire people, but we are excited about partnering with the professionals at Barclays."
"We have identified a great firm in Sterne Agee to bolster our Global Wealth Management group with the addition of more than 700 financial advisors and independent representatives increasing advisor professionals by 35%. Sterne Agee's fixed income platform is highly complementary to our existing products and services, and together will catapult this business to a new level, continuing the momentum we established with the addition of Knight's fixed income sales and trading business. This acquisition furthers our goal of creating a balanced, well-diversified business mix with wealth management and institutional exposure."