Sterne Agee bolsters Stifel’s Global Wealth Management segment with the addition of approximately 730 financial advisors and independent representatives nationwide managing over $20 billion in client assets, and complements Stifel’s Fixed Income platform, adding depth and capabilities.
Strategic highlights include:
- Increases Stifel’s Global Wealth Management professionals by 35% to more than 2,800.
- Investment in the independent advisor business provides Stifel a platform to grow this channel.
- Complements