Stifel Financial

The firm is undervalued by the stock market when compared to "two high-quality peers" in Raymond James and Morgan Stanley, its CEO said.

Despite a 21% fall in profits, the Saint Louis-based brokerage pulled in new advisors in both employee and independent channels as its wealth revenue continues to climb.

At 88 years old, Stephen Straus still went to work to serve clients every day “not because he had to, but because he wanted to,” the company’s CEO said.

In J.D. Power's annual survey, a significant portion of wirehouse and independent representatives said they're considering a move to another firm.

The headwind from equity volatility offset much of the increased business, but CEO Ron Kruszewski is bullish about rising interest rates.

Despite fewer incoming advisors, CEO Ron Kruszewski says the company’s pipeline is strong and extending to the independent channel.

In J.D. Power’s annual survey, independent and employee reps gave wealth managers a higher satisfaction index than last year.

The firm slimmed down its headcount slightly, even as it saw an uptick in advisor-related revenues from fees and asset management.

The annual full-service investor rankings picked a new winner for 2021 while tracking major generational differences.

With a new brand and new leadership, the firm hopes to tap into a burgeoning wealth management sector.