Displaying 86 results
Stifel, UBS lose advisers to Wells Fargo’s independent unit
Brokers in Missouri and Tennessee decide to take indie route.
Finra bars former Stifel broker for unauthorized payments
Finra has permanently barred a former broker who was terminated by his former employer, Stifel, Nicolaus & Co., for making unauthorized payments to clients.
Advisers managing $200 million in client assets join Stifel
The Anderson Financial Group will be based in Madison, Wis.
Adviser managing $289 million joins Stifel from Wells Fargo
Steve Myatt joining the Waco, Texas office.
IRA investors may disappear from IPOs
The Department of Labor's fiduciary rule prohibits individual IRA investors from participating in initial public offerings with the assistance of their financial adviser.
Stifel selling off Sterne Agee independent broker-dealer business it acquired last year
CEO Ron Kruszewski had indicated in November that the B-D's lower margins were dragging down the wealth management group.
Stifel Financial buys back $91 million of its depressed shares
CEO Ronald Kruszewski says brokerage “took advantage of the decline in equity markets.”
Stifel CEO wants better results from Sterne Agee’s independent B-D business
CEO Ron Kruszewski says margins were lower in the wealth management group because of its recent acquisition's independent advisers.
Stifel fined $750,000 for failure to follow reserve requirements
The broker-dealer didn't account for reserves needed to cover loans secured with customer assets.
Stifel deal for Barclays unit would amp up ambitions to attract elite advisers
An acquisition of Barclays' U.S. wealth unit would add $47 billion in assets and 249 advisers who focus on ultrahigh-net-worth clients, filling a gap in Stifel Financial CEO Ron Kruszewski's advisory business.
Legg Mason latest mutual fund manager to step into ETFs
Fund company's new products attempt to capitalize on the growth of smart beta.
Wirehouse advisers pile into euro-stock ETFs
Currency-hedging ETF strategies are a no-brainer: Merrill Lynch portfolio manager
Stifel deal for Sterne Agee would beef up IBD ranks
Agreement could be announced within days
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?
$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.)
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.
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.
