Stifel Completes Acquisition of B. Riley Employee Advisors

Group 1 - Stifel Financial Corp. has completed the acquisition of 36 B. Riley employee advisors, which brings total assets under management to approximately $4 billion [1] - The acquisition is part of Stifel's strategy to expand its Global Wealth Management business, which recorded a record annual revenue of$3.3 billion in 2024 [1] - Stifel's Global Wealth Management business manages over $500 billion in total client assets and has been ranked No. 1 in overall employee-advisor satisfaction for two consecutive years according to J.D. Power [1] Group 2 - Stifel Financial Corp. is a financial services holding company based in St. Louis, Missouri, providing a range of services through its wholly owned subsidiaries [2] - The company serves broker-dealer clients in the U.S. through various divisions, offering services such as securities brokerage, investment banking, and investment advisory [2] - Stifel Bank and Stifel Bank & Trust provide consumer and commercial lending solutions, while Stifel Trust Company offers trust and related services [2]