Stifel Hires Mark Kelley as Managing Director and Senior Analyst Covering Internet Sector

Rhea-AI Summary

Stifel Financial Corp. (NYSE: SF) announced the hiring of Mark Kelley as a Managing Director and Senior Equity Research Analyst, focusing on the internet sector, effective immediately. Kelley, who has extensive experience covering internet companies since 2015, joins from Walleye Capital and has previously worked with Nomura Instinet, Citigroup, and Barclays. This addition enhances Stifel's technology research team, now comprising 32 senior analysts covering 370 companies, reflecting the firm's commitment to its research platform amid rising demand for internet-related insights.

Positive

• Mark Kelley brings extensive experience in internet sector analysis, previously recognized as a 'Rising Star' by Institutional Investor.
• Stifel's technology research team expands to 32 senior analysts, enhancing coverage in a rapidly growing sector.

Negative

• None.

ST. LOUIS, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that Mark Kelley has joined the firm as a Managing Director and Senior Equity Research Analyst covering the internet sector. He is based in the firm’s Chicago office.

Mr. Kelley has been covering internet companies as a senior analyst since 2015 and joins Stifel from Walleye Capital, a multi-strategy hedge fund. At Walleye Capital, he covered a variety of technology, media, and telecommunications stocks. Prior to that, Mr. Kelley was an Executive Director and Senior Analyst at Nomura Instinet, where he covered the broad internet sector including companies like Alphabet, Etsy, Facebook, Netflix, and Pinterest. He previously held roles in equity research at Citigroup, Barclays Capital, and Sterne, Agee & Leach. In 2017, he was recognized by Institutional Investor as a “Rising Star” in equity research for the internet category. Mark received an MBA in Finance from DePaul University in Chicago.

“Internet companies are now at the center of the global economy, as the pandemic greatly accelerated digitalization trends across many industries,” said Brian Donlin, Co-Director of U.S. Equity Research. “We are thrilled to have someone with Mark’s level of experience join our team, as Stifel continues to add resources and make investments into our best-in-class research platform.”

Mr. Kelley will strengthen Stifel’s formidable research presence in technology, which is the largest sector in the S&P 500. With this hire, Stifel has a global technology, media, and telecommunications research team of 32 senior analysts, covering 370 companies across the TMT landscape.

Stifel Company Information
Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners business division; Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC; and Stifel Independent Advisors, LLC. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit https://www.stifel.com/investor-relations/press-releases.

Media Contacts
Neil Shapiro, +1 (212) 271-3447
shapiron@stifel.com

Jeff Preis, +1 (212) 271-3749
preisj@stifel.com

FAQ

Who is Mark Kelley and what role will he serve at Stifel Financial Corp.?

Mark Kelley is a Managing Director and Senior Equity Research Analyst at Stifel Financial Corp., focusing on the internet sector.

What previous experience does Mark Kelley have before joining Stifel?

Kelley has prior experience at Walleye Capital, Nomura Instinet, Citigroup, Barclays Capital, and Sterne, Agee & Leach, covering various technology and internet stocks.

How does Mark Kelley's hiring impact Stifel's research capabilities?

Kelley's hiring strengthens Stifel's research presence with an expanded team of 32 analysts covering 370 technology, media, and telecommunications companies.

What is Stifel's overall strategy with this new hire?

Stifel aims to enhance its best-in-class research platform and respond to the increasing importance of internet companies in the global economy.

When was the announcement of Mark Kelley's hiring made?

The announcement was made on October 19, 2021.