Stifel Financial (SF) Misses Q4 EPS by 3c; Will Acquire Sterne Agee
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
Stifel Financial (SF) to Acquire Stern Agee in $150M Deal
February 23, 2015 4:23 PM ESTStifel Financial (NYSE: SF) announced that it has entered into a definitive merger agreement to acquire Sterne Agee Group, Inc., one of the oldest and largest privately owned financial services firms in the nation.
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... More