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Stifel trims advisor ranks amid uptick in revenues

Stifel trims advisor ranks amid uptick in revenues
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Stifel To Refocus Century Securities Subsidiary

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Stifel To Refocus Century Securities Subsidiary
Stifel Financial CorporationMarch 16, 2021 GMT
ST. LOUIS, March 16, 2021 (GLOBE NEWSWIRE) Stifel Financial Corp. (NYSE: SF) today announced plans to rebrand its Century Security Associates, Inc. subsidiary to Stifel Independent Advisors and has hired industry veteran Alex David to serve as President and CEO of the independent contractor broker-dealer.
“While Stifel has proven to be a compelling and attractive option for traditional advisors, we have surveyed the competitive landscape, and it’s clear we are just as compelling an option for independent advisors,” said Ron Kruszewski, Chairman and CEO of Stifel. “Through our long established independent subsidiary, Stifel has served independent advisors for 30 years. We already offer the products, services, technology, and support to help independent advisors bett ....

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