Wealth and Asset Management
Stifel CEO Wants Stock to Reach Morgan Stanley-esque Heights with Wealth Gains
Stifel Financial is looking to close its stock price’s “valuation gap” with much larger peers and will lean on wealth management to do so, company Chief Executive Ron Kruszewski told analysts on the firm’s earnings call on Wednesday. Stifel’s shares trade at a relative “discount of 25% to 33%” based…
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