Stifel Financial Corp. (NYSE: SF) announced the completion of its acquisition of 36 B. Riley employee advisors, representing total assets under management of approximately $4 billion.
“We are very excited to welcome our new colleagues from B. Riley,” said Ronald J. Kruszewski, Chairman and CEO of Stifel. “Adding this team of talented advisors is yet another example of our commitment to expanding Stifel’s premier Global Wealth Management business.”
In 2024, Stifel’s Global Wealth Management business recorded record annual revenue of $3.3 billion with more than $500 billion in total client assets. Stifel was also ranked No. 1 in overall employee-advisor satisfaction for a second straight year, according to the annual J.D. Power U.S. Financial Advisor Satisfaction Study.
