Bringing you live news and features since 2006 

Stifel Ronald J Kruszewski

Stifel completes acquisition of Barclays Wealth and Investment Management, Americas


Stifel Financial Corp has completed the acquisition of Barclays' Wealth and Investment Management, Americas franchise in the US. 

"Today marks another transformational achievement in the growth of our Global Wealth Management business. We are very excited to welcome our new associates from Barclays. Through the combination of the depth of Barclays' franchise and the breadth of Stifel's product offerings, we are creating a premier wealth management platform. We've already initiated, and are committed to making, significant investments in our platform with the goal of providing our clients with a superior set of products and services," says Ronald J Kruszewski (pictured), Chairman and CEO of Stifel.

To further build out the firm's ultra-high net worth capabilities, Stifel has made significant investments in infrastructure to support the combined platform in key areas, including product support, manager research and selection, portfolio construction, custom credit, and additional technology resources. As part of the agreement, Stifel will now act as the US private wealth distribution channel for certain of Barclays' equities and credit new issue securities.

"Barclays is pleased to have completed the transaction which brings our US investment representatives under the Stifel banner. We look forward to our continuing collaboration through our distribution agreement," adds Akshaya Bhargava, CEO of Wealth and Investment Management at Barclays.

Latest News

Amundi’s ETF Market Flows Analysis for May finds that global ETF inflows were EUR105.1 billion with US-domiciled equity funds accounting..
MerQube has announced the appointment of Dave Mueller as Chief Financial Officer. Mueller brings 17 years experience operating in corporate..
Northern Trust Asset Management (NTAM), has announced that David Abner is joining as Head of Global ETFs and Funds...
Nvidia’s market cap surge to more than USD3 trillion making it the second most valuable company in the world almost..

Related Articles

Darren Johnson, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Stuart Chaussee
In January this year, global data and business intelligence platform, Statista reported that there are now more than 8000 ETFs...
Ethereum coin
Last week saw Australia launch spot bitcoin ETFs, with Matteo Greco, Research Analyst at Fineqia International, writing that Monochrome Asset...
Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by