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The Power Wealth Management Team Joins Stifel in Frontenac

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Stifel Financial Corp. (NYSE: SF) announced the addition of The Power Wealth Management Team from Merrill Lynch to its broker-dealer subsidiary in Frontenac, Missouri, managing $420 million in client assets. Team members include Barry Power, CFP®, Managing Director/Investments, Ben Alsop, Financial Advisor, and two Client Service Associates. Barry Power stated that Stifel will enhance their ability to serve clients. Branch Manager Rick Murphy noted that the team's integration will provide additional capabilities and improved service to clients.

Positive
  • Acquisition of The Power Wealth Management Team adds $420 million in client assets.
  • Team brings over 100 years of combined experience.
  • Enhanced resources and services available to clients.
Negative
  • None.

ST. LOUIS, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced financial advisor The Power Wealth Management Team has joined the firm’s broker-dealer subsidiary, Stifel, Nicolaus & Company, Incorporated, in Frontenac, Missouri.

The Power Wealth Management Team consists of Barry Power, CFP®, Managing Director/Investments; Ben Alsop, Financial Advisor; Tami Shaw, Client Service Associate; and Brenna Kunin, Client Service Associate. The team comes to Stifel from Merrill Lynch, where they were responsible for $420 million in client assets.

“Stifel will provide our team with the resources we need to continue our first-class service to our clients,” said Mr. Power. “With more than 100 years of combined experience, the Power Wealth Management Team looks forward to serving our clients for many years to come.”

“Barry and his team are the perfect fit for our high-net-worth office here in Frontenac,” said Rick Murphy, Branch Manager. “While I’m extremely excited to work alongside them, I’m even more excited about the additional capabilities, resources, and level of service that Stifel’s platform will enable them to deliver to their clients.”

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; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. 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.

Stifel Contact:
Brian Spellecy
(314) 342-2000        


FAQ

What team joined Stifel Financial Corp. on August 1, 2022?

The Power Wealth Management Team joined Stifel Financial Corp. from Merrill Lynch.

How much in client assets does The Power Wealth Management Team manage?

The Power Wealth Management Team manages $420 million in client assets.

Where is Stifel Financial Corp. located?

Stifel Financial Corp. is headquartered in St. Louis, Missouri.

What services does Stifel Financial Corp. provide?

Stifel provides securities brokerage, investment banking, trading, investment advisory, and related financial services.

Stifel Financial Corp.

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