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Stifel trims advisor ranks amid uptick in revenues

Stifel trims advisor ranks amid uptick in revenues
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.

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Stifel Financial Corp (SF) Q1 2021 Earnings Call Transcript

Operator
Thank you for standing by and welcome to Stifel Financial s First Quarter 2021 Earnings Conference Call. [Operator Instructions]
It is now my pleasure to hand the conference over to Mr. Joel Jeffrey, Head of Investor Relations.
Joel Michael Jeffrey
Senior Vice President of Investor Relations
Thank you, operator. I d like to welcome everyone to Stifel Financial s First Quarter 2021 Financial Results Conference Call. I m joined on the call today by our Chairman and Chief Executive Officer, Ron Kruszewski; our Co-Presidents, Victor Nesi and Jim Zemlyak; and our Chief Financial Officer, Jim Marischen. Earlier this morning, we issued an earnings release and posted a slide deck to our website, which can be found on the Investor Relations page at www.stifel.com. I would note that some of the numbers that we state throughout our presentation are presented on a non-GAAP basis, and I would refer you to our reconciliation of GAAP to non-GAAP, as disclosed in o ....

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A Q&A With Stifel's New Independent B/D Chief

Q&A: Alex David, Stifel’s New Independent B/D Chief
Stifel is working to revitalize its sleepy independent broker/dealer, Century Securities, starting with a rebrand and a new chief, former Wells Fargo exec Alex David.
Stifel Financial is dusting off its independent contractor broker/dealer, Century Securities, which it has operated for 30 years, and brought in Alex David, former head of brand development and marketing at Wells Fargo Advisors Financial Network, as the new president and CEO of the business. It will be rebranded as Stifel Independent Advisors.
Aside from Century, Stifel has some history in the independent brokerage business. It acquired Sterne Agee in 2015, but then just a year after closing on that deal, it sold the firm’s independent b/d, clearing and RIA businesses to INTL FCStone, a commodities and Forex broker. ....

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Stifel independent advisor business, hires Wells Fargo's Alex David

Stifel independent advisor business, hires Wells Fargo's Alex David
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.

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