Stifel Financial Corp.
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$2.5 billion adviser duo fired by Merrill Lynch lands at Stifel
A team of elite advisers who was fired last month by Bank of America Merrill Lynch over private securities transactions has found a new home. (Plus: The team plans to fight back.)
Wirehouses warm to bank channel recruits
Wirehouses are now focusing on a new market segment in their talent searches: bank channel recruits. Why the change in sentiment for advisers once considered too risky?
Court to Wells: Pay ex-reps $1.1M
Advisory unit loses latest appeal of raiding case stemming from brokers' move to Stifel in 2008; ordered to pay lawyers' fees
Gold drops below $1,600 as stronger dollar muscles in
Gold closed below its 200-day moving average today, signaling prices may drop to $1,400, according to Stifel Nicolaus & Co.
Court orders Wells Fargo to pay up in failed raiding claim
A California appeals court has ordered Wells Fargo Advisors LLC to pay $915,000 in legal fees to Stifel Nicolaus & Co. Inc. and a Stifel broker.
Fixed and indexed annuity sales crept upward during 2Q
Sales of indexed annuities surged to $8.4 billion, growing 18% from the first quarter. Meanwhile, income annuities climbed 30% to $2.3 billion during the same period.
Stifel defrauded school districts: SEC
Says brokerage told officials in Wisconsin it would take ‘15 Enrons' to sink $200M investment; CDOs went bust
Stifel’s West Coast push rolls on with hire of ex-MSSB manager
Stifel Nicolaus & Co. Inc. has hired Susan M. Dixon, former branch manager of Smith Barney's Laguna Niguel, Calif., office, to open a Stifel branch in Irvine, Calif.
Stifel CEO downplays impact of fiduciary standard on brokers
Stifel Financial Corp., which increased its brokerage force by 23% in the past year, won't be as buffeted as many analysts expect if regulators impose a fiduciary standard on brokers, the company's chief executive said today.
Charge against Thomas Weisel won't derail deal, says Stifel CEO
Finra's complaint will have ‘no impact' on Stifel's $318M purchase of the San Francisco-based investment bank, says Kruszewski
Wells Fargo loses another A.G. Edwards raiding case to Stifel
The suit is one of several arising between Edwards and its successor firms and Stifel as a number of Edwards brokers deserted ship in the wake of the 2007 takeover of Edwards by Wachovia Securities LLC.
Stifel snags Thomas Weisel in $300M merger
Stifel Financial Corp. and Thomas Weisel Partners Group Inc. said last week that they have reached a definitive agreement to merge operations in an all-stock transaction valued at more than $300 million.
Stifel backs off recruiting wars -- and profits soar
Earnings up 80% in 1Q, even though recruitment dipped substantially; ‘people dangling money'