{"id":459021,"date":"2021-03-16T14:36:40","date_gmt":"2021-03-16T18:36:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=459021"},"modified":"2021-03-16T14:36:40","modified_gmt":"2021-03-16T18:36:40","slug":"stifel-to-refocus-century-securities-subsidiary","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/stifel-to-refocus-century-securities-subsidiary\/","title":{"rendered":"Stifel To Refocus Century Securities Subsidiary"},"content":{"rendered":"<h2>\nAnnounces Rebranding to Stifel Independent Advisors, Names Alex David President and CEO<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>ST. LOUIS, March  16, 2021  (GLOBE NEWSWIRE) &#8212; Stifel Financial Corp. (NYSE: SF) today announced plans to rebrand its Century Security Associates, Inc. subsidiary to Stifel Independent Advisors and has hired industry veteran Alex David to serve as President and CEO of the independent contractor broker-dealer.<\/p>\n<p>\u201cWhile Stifel has proven to be a compelling and attractive option for traditional advisors, we have surveyed the competitive landscape, and it\u2019s clear we are just as compelling an option for independent advisors,\u201d said Ron Kruszewski, Chairman and CEO of Stifel.\u00a0 \u201cThrough our long established independent subsidiary,\u00a0Stifel has served independent advisors for 30 years. We already offer the products, services, technology, and support to help independent advisors better serve their clients and grow their careers. \u00a0Until now,\u00a0we simply have not emphasized this channel. This is about to change. With the addition of Alex David and the plans to rebrand our independent channel as \u2018Stifel Independent Advisors,\u2019 we expect to see significant growth as we become the premier destination for advisors seeking to go independent.\u201d<\/p>\n<p>\u201cWe\u2019re excited to welcome Alex to the Stifel family,\u201d added Jim Zemlyak, Co-President of Stifel. \u201cAs we refocus on our independent channel, we believe we will greatly benefit not only from his outstanding management and recruiting background, but also from his extensive experience in developing diversity and inclusion programs as a senior leader of the firm.\u201d<\/p>\n<p>David joins Stifel after spending 13 years at Wells Fargo Advisors, where he was Head of Branch Development and Marketing for the firm\u2019s independent brokerage arm, Wells Fargo Advisors Financial Network (FiNet).\u00a0\u00a0 In this role, he guided FiNet\u2019s business development and market strategy and led a team responsible for recruiting, consulting, coaching, and managing independent financial advisors.\u00a0\u00a0 Prior to that, as Managing Director from 2008-2014, he helped bring in more than $55 billion in assets through recruiting and M&amp;A activity.<\/p>\n<p>Earlier in his career, David was as an institutional wholesaler with Lord Abbett, Federated Investors, and OppenheimerFunds. He has worked on a number of financial services industry initiatives in Washington, D.C., including representing Wells Fargo on Capitol Hill regarding the tax status of 1099 independent contractors.\u00a0\u00a0 He holds doctorates in economics and marketing and a master\u2019s degree in international economics from the Lubin School of Business at Pace University.<\/p>\n<p>\u201cI could not be more excited about the opportunity to make Stifel Independent Advisors the premier destination for the industry\u2019s best financial advisors,\u201d said David. \u201cWe believe we will attract and retain advisors that value the breadth and depth of a well-capitalized full-service platform combined with true flexibility of an independent offering.\u201d<\/p>\n<p>\n        <strong>Stifel Company Information <\/strong>\n      <\/p>\n<p>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\u2019s broker-dealer clients are served in the United States through Stifel, Nicolaus &amp; Company, Incorporated, including its Eaton Partners business division; Keefe, Bruyette &amp; Woods, Inc.; Miller Buckfire &amp; Co., LLC; and Century Securities Associates, Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company\u2019s 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 &amp; 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\u00a0services. To learn more about Stifel, please visit the Company\u2019s website at www.stifel.com.<\/p>\n<p align=\"left\">\n        <strong>For further information,<\/strong><br \/>\n        <br \/>Neil Shapiro, (212) 271-3447 <br \/>shapiron@stifel.com<\/p>\n<p>Joel Jeffrey, (212) 271-3610 <br \/>investorrelations@stifel.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MTIwMiM0MDY3MjYzIzIwMDg4NTk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/58d7efe3-9f34-4462-a4ca-2f590a335179\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Announces Rebranding to Stifel Independent Advisors, Names Alex David President and CEO ST. LOUIS, March 16, 2021 (GLOBE NEWSWIRE) &#8212; Stifel Financial Corp. (NYSE: SF) today announced plans to rebrand its Century Security Associates, Inc. subsidiary to Stifel Independent Advisors and has hired industry veteran Alex David to serve as President and CEO of the independent contractor broker-dealer. \u201cWhile Stifel has proven to be a compelling and attractive option for traditional advisors, we have surveyed the competitive landscape, and it\u2019s clear we are just as compelling an option for independent advisors,\u201d said Ron Kruszewski, Chairman and CEO of Stifel.\u00a0 \u201cThrough our long established independent subsidiary,\u00a0Stifel has served independent advisors for 30 years. We already offer the products, services, technology, and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stifel-to-refocus-century-securities-subsidiary\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Stifel To Refocus Century Securities Subsidiary&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-459021","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Stifel To Refocus Century Securities Subsidiary - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stifel-to-refocus-century-securities-subsidiary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stifel To Refocus Century Securities Subsidiary - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Announces Rebranding to Stifel Independent Advisors, Names Alex David President and CEO ST. LOUIS, March 16, 2021 (GLOBE NEWSWIRE) &#8212; Stifel Financial Corp. (NYSE: SF) today announced plans to rebrand its Century Security Associates, Inc. subsidiary to Stifel Independent Advisors and has hired industry veteran Alex David to serve as President and CEO of the independent contractor broker-dealer. \u201cWhile Stifel has proven to be a compelling and attractive option for traditional advisors, we have surveyed the competitive landscape, and it\u2019s clear we are just as compelling an option for independent advisors,\u201d said Ron Kruszewski, Chairman and CEO of Stifel.\u00a0 \u201cThrough our long established independent subsidiary,\u00a0Stifel has served independent advisors for 30 years. We already offer the products, services, technology, and &hellip; Continue reading &quot;Stifel To Refocus Century Securities Subsidiary&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/stifel-to-refocus-century-securities-subsidiary\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-16T18:36:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MTIwMiM0MDY3MjYzIzIwMDg4NTk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stifel-to-refocus-century-securities-subsidiary\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stifel-to-refocus-century-securities-subsidiary\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Stifel To Refocus Century Securities Subsidiary\",\"datePublished\":\"2021-03-16T18:36:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stifel-to-refocus-century-securities-subsidiary\\\/\"},\"wordCount\":622,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stifel-to-refocus-century-securities-subsidiary\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE5MTIwMiM0MDY3MjYzIzIwMDg4NTk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stifel-to-refocus-century-securities-subsidiary\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stifel-to-refocus-century-securities-subsidiary\\\/\",\"name\":\"Stifel To Refocus Century Securities Subsidiary - 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LOUIS, March 16, 2021 (GLOBE NEWSWIRE) &#8212; Stifel Financial Corp. (NYSE: SF) today announced plans to rebrand its Century Security Associates, Inc. subsidiary to Stifel Independent Advisors and has hired industry veteran Alex David to serve as President and CEO of the independent contractor broker-dealer. \u201cWhile Stifel has proven to be a compelling and attractive option for traditional advisors, we have surveyed the competitive landscape, and it\u2019s clear we are just as compelling an option for independent advisors,\u201d said Ron Kruszewski, Chairman and CEO of Stifel.\u00a0 \u201cThrough our long established independent subsidiary,\u00a0Stifel has served independent advisors for 30 years. 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