Wealth and Asset Management
Stifel Sheds Sterne Agee’s Wealth Management Business
Just a year after closing on its acquisition of Sterne Agee, Stifel Financial announced plans Monday to sell the firm’s independent brokerage, clearing and RIA businesses to INTL FCStone Inc., a commodities and Forex broker. The sale, expected to close in July, will include Sterne Agee Financial Services, Sterne Agee…
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