So far this year Stifel has completed one acquisition and is set to close soon on a deal to acquire Barclay's U.S. wealth management unit. When completed, these deals are expected to grow Stifel's advisor ranks by nearly a third. But, like its competitors, the St. Louis-based firm is also adjusting to industry-changing trends. Ronald Kruszewski, Stifel's CEO of 18 years, talks with On Wall Street about the competitive challenge robo advisors pose and what his acquisitions are adding up to for Stifel.
HOW DOES STIFEL'S ACQUISITION OF STERNE AGEE FIT INTO YOUR STRATEGY?
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