Stifel Hit With More Settlements Over Structured Notes, Adding Pressure to Sell to Larger Rival, Sources Say

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Stifel Financial recently paid nearly $3.4 million to settle three arbitration claims against the firm related to a former broker’s sales of structured notes, according to BrokerCheck.  Those are the latest in a string of settlements and arbitration awards involving Chuck Roberts, a former Stifel rep who was barred from the industry in July for selling unsuitable investments to clients. Sti ...