Stifel Reports November 2024 Operating Data
From GlobeNewswire: 2024-12-19 16:15:00
Stifel Financial Corp. (NYSE: SF) announced key operating results for November 30, 2024, showing total client assets at a record $514 billion, with $197 billion in fee-based assets. Client money market and insured product balances also increased by 3%, driven by strong equity markets and financial advisor recruiting.
The operating environment for Stifel’s Institutional Group is improving, with client activity levels and investment banking pipelines on the rise. Total client assets as of November 30, 2024, were $513.9 billion, a 20% increase from the previous year. Fee-based client assets were $197.3 billion, a 25% increase, reflecting strong growth.
Stifel Financial Corp. (NYSE: SF) is a financial services holding company based in St. Louis, Missouri. Its subsidiaries provide brokerage, investment banking, trading, and advisory services to clients in the United States, Canada, and Europe. Stifel Bank offers lending solutions, while Stifel Trust provides trust services. Visit www.stifel.com for more information.
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