ST. LOUIS, July 10, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that its Stifel, Nicolaus & Company, Incorporated broker-dealer subsidiary ranked No. 1 in the employee advisor segment of the J.D. Power 2024 U.S. Financial Advisor Satisfaction StudySM for the second straight year. Stifel's overall score, calculated from responses submitted by Stifel financial advisors, was 767 out of 1,000 – a significant 130 points higher than the employee segment average of 637. In addition t ...

ST. LOUIS, July 10, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that its Stifel, Nicolaus & Company, Incorporated broker-dealer subsidiary ranked No. 1 in the employee advisor segment of the J.D. Power 2024 U.S. Financial Advisor Satisfaction StudySM for the second straight year. "I am thrilled that J.D. Power has once again named Stifel the No. 1 wealth management firm for employee advisor satisfaction," said Ron Kruszewski, Chairman and CEO of Stifel. "Earning this honor for ...

Mr. Boostrom concluded, "One of the smartest things we can do as leaders of financial firms is to listen to our advisor partners and create environments for them to feel valued and heard. This approach fosters the creativity that can ultimately generate great ideas like WON and our recent event." Women Owners' Network event brought together women from across the network, including several from newly affiliated firms with nearly $1 billion in client assets WON was spontaneously launched as the latest offshoo ...

Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, "Recruiting and market appreciation drove a 3% increase in total client and fee-based assets during the month. Cash sorting slowed as client money market and insured product levels were essentially flat. Modest growth in Smart Rate balances essentially offset declines in Sweep balances. We continue to see improvement in the environment for investment banking activity, but the timing of closings for M&A transactions remains difficult to foreca ...

ST. LOUIS, June 27, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for May 31, 2024 in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed. Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business ...

Mr. Markham comes to Stifel from Merrill Lynch, where he spent 35 years in a number of leadership roles. He most recently served as Vice Chair of Merrill Wealth Management, leading the firm's community markets strategy. Prior to that, he was Division Executive for the West Division since 2017. He began his career in 1988 as a financial advisor in Fort Worth, Texas. Stifel Financial Corp. (NYSE:SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securi ...

Core Insights - Stifel Financial Corp. has announced the appointment of Jeff Markham as Managing Director in its broker-dealer subsidiary, Stifel, Nicolaus & Company, Incorporated, indicating a strategic move to enhance its wealth management business [2][5] - The leadership at Stifel expressed enthusiasm about Markham's addition, highlighting the firm's growth trajectory and its ability to attract top talent in the wealth management sector [1][3] Company Overview - Stifel Financial Corp. is a financial services holding company based in St. Louis, Missouri, providing a range of services through various wholly owned subsidiaries, including securities brokerage, investment banking, and financial advisory [4] - The company operates in the United States and internationally, with broker-dealer clients served through multiple divisions, including Stifel, Nicolaus & Company, and Stifel Nicolaus Canada Inc. [4] Leadership Background - Jeff Markham brings 35 years of experience from Merrill Lynch, where he held several leadership roles, most recently as Vice Chair of Merrill Wealth Management [3] - His extensive background in wealth management and community markets strategy positions him to contribute significantly to Stifel's growth strategy [3][5]

Stifel Financial Corp. (SF) and Lord Abbett, LLC have entered into a joint agreement to establish a leveraged lending joint venture — SBLA Private Credit. This new entity will concentrate on origination and management of existing loans to small and mid-sized portfolio companies of financial sponsors, thus, augmenting the existing capabilities of both firms. SBLA Private Credit integrates two of the industry's most established brands, offering extensive middle-market coverage and renowned for their strategic ...

Joint Venture Overview - Stifel Financial Corp and Lord Abbett LLC announced the formation of SBLA Private Credit, a leveraged lending joint venture focusing on new and existing loans for small and mid-sized portfolio companies of financial sponsors [1] - SBLA Private Credit combines Stifel's full-service platform and direct lending capabilities with Lord Abbett's leveraged credit presence and significant capital base, positioning it uniquely in the origination market [9] - The joint venture will be equally managed by senior representatives from both Stifel Bank and Lord Abbett, demonstrating their aligned credit cultures [10] Company Profiles Stifel Financial Corp - Stifel is an international full-service investment bank founded in 1890 with extensive capabilities across products and industry sectors [2] - The company operates a substantial fixed income platform, including distribution, research, and capital markets for leveraged loans and high yield [2] - Stifel is one of the largest equity underwriters and equity research providers in the United States and a leading M&A advisor in both public and private transactions [2] - Stifel's broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services globally [3] Lord Abbett - Lord Abbett is an independent, privately held asset manager founded in 1929, managing $199.1 billion in assets as of March 31, 2024 [13] - The company has a long-standing $40 billion leveraged credit investment business and recently launched a private credit business focused on middle market corporate lending [4][5] - Lord Abbett manages assets across a full range of U.S. mutual funds, institutional, and separately managed accounts for global clients [5] Strategic Benefits - The partnership deepens Lord Abbett's market presence, expands origination capabilities, and increases scale while diversifying loan origination and private credit offerings [2] - The joint venture allows Stifel Bank to expand its capacity to lead larger credit facilities and better support client growth [5] - Both firms have already co-invested across multiple loans, demonstrating their strong and aligned credit cultures [10] Industry Context - SBLA Private Credit brings together two established brands with in-depth middle market coverage and reputations for strategic growth and disciplined risk management [9] - The joint venture leverages Stifel's entrenched direct lending capabilities and Lord Abbett's significant capital base to address the needs of the origination market [9]

Stifel Financial Corp (SF) and Marex Group PLC (MRX) have entered into a prime brokerage referral partnership. This will enable both firms to use their broker-dealer affiliates to cater to their hedge fund and investment management clients in a better way. Under the terms of the partnership, Stifel's institutional sales and trading group will provide Marex's trading and execution capabilities to its hedge fund's institutional clients and investment managers. The services that will be part of this include mu ...