Wednesday, June 10, 2015

Can Stifel Retain the Barclay Advisors?

According to Financial Planning, Stifel's proposed acquisition of Barclays's wealth management unit offers the chance to serve more lucrative high-night-worth clients. But keeping the advisers who serve those clients may prove tricky.

Stifel Nicolaus HeadquartersThe Barclays deal, for which terms were not disclosed, brings about 180 advisers managing $56 billion in assets. Many of those advisers are legacy Lehman Brothers brokers, and they currently operate from 11 U.S. offices.

For more information, see Is Stifel's Retention Package Enough to Keep Elite Barclay's Advisors?

The attorneys at Sallah Astarita & Cox include veteran securities litigators and former SEC Enforcement Attorneys. We have decades of experience in securities litigation matters, including the defense of enforcement actions. We represent investors, financial professionals and investment firms, nationwide. For more information call 212-509-6544 or send an email to

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