Stifel acquires B. Riley employee advisors to expand wealth management business

From GlobeNewswire: 2025-04-07 17:53:00

Stifel Financial Corp. announced acquiring 36 B. Riley employee advisors with $4 billion in total assets under management. The move aims to expand Stifel’s Global Wealth Management business. In 2024, Stifel’s Global Wealth Management business reached $3.3 billion in revenue with over $500 billion in client assets. Stifel was ranked No. 1 in employee-advisor satisfaction for the second consecutive year by the J.D. Power U.S. Financial Advisor Satisfaction Study. Stifel is a financial services holding company based in St. Louis, Missouri, offering banking, securities, and financial services through various subsidiaries.



Read more at GlobeNewswire: Stifel Completes Acquisition of B. Riley Employee Advisors