Stifel moves into insurance with new hires

Stifel Nicolaus & Co. Inc. has hired two executives from KeyBanc to fill newly created positions in the Financial Institutions Group.
APR 06, 2009
Stifel Nicolaus & Co. Inc. has hired two executives from KeyBanc to fill newly created positions in the Financial Institutions Group. Scott Brewer has joined the investment-banking department as a managing director. He will serve as a senior relationship banker covering the insurance industry in St. Louis, Mo.-based Stifel’s Cleveland office. Previously, Mr. Brewer headed the insurance group in the corporate and investment-banking division of KeyBanc Capital Markets Inc. in Cleveland. Bryce Myers, also departing from KeyBanc's insurance group, will join Mr. Brewer as senior analyst in the Financial Institutions Group. "We view an expansion into the insurance sector as a logical next step as we continue to invest in our financial services investment-banking business," Rick Maples, co-head of investment banking and head of the Financial Institutions Group, said in a statement.

Latest News

Roughly three-fifths of Americans agree on higher taxes for large corporations, higher-income households
Roughly three-fifths of Americans agree on higher taxes for large corporations, higher-income households

Pew survey reveals slight majority consensus on tax rates, but views splinter based on political alignment and income levels.

The Fed's going to cut rates
The Fed's going to cut rates

While the Federal Reserve's decision to hold interest rates steady in March was widely expected, it's the reactions from financial professionals that provide a more nuanced picture of the central bank's approach.

Ontario Pension Fund revamps PE business in light of global risk
Ontario Pension Fund revamps PE business in light of global risk

The pioneering member of Canada's Maple Eight is stepping back from its go-it-alone private equity approach as a drought in deals and Trump's trade war prompt a rethink.

Raymond James, RBC reel in UBS advisors managing over $690M in assets
Raymond James, RBC reel in UBS advisors managing over $690M in assets

The firms' latest additions in Florida and Nevada come as a strategic change at UBS raises risk of advisor defections.

Assetmark debuts new advisor succession planning program
Assetmark debuts new advisor succession planning program

The new program offers opportunities and events structured for rookies, next-gen advisor leaders, and soon-to-exit veterans.

SPONSORED Beyond the all-in-one: Why specialization is key in wealth tech

In an industry of broad solutions, firms like intelliflo prove 'you just need tools that play well together'

SPONSORED Record growth: Interval funds emerge as key players in alternative investments

Blue Vault Alts Summit highlights the role of liquidity-focused funds in reshaping advisor strategies