Stifel, Nicolaus & Company, Incorporated (St Louis)

Stifel, Nicolaus & Company, Incorporated provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Stifel, Nicolaus & Company, Incorporated: assets under management

The assets under management (AUM) of Stifel, Nicolaus & Company, Incorporated is $74.65 billion. The firm's AUM has grown by 8957% since the beginning of its operation, and $116.43 million of the total AUM is attributable to clients outside of the United States.

The firm manages $42.41 billion in discretionary accounts and $32.24 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $295.06 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $444.15 thousand.

Stifel, Nicolaus & Company, Incorporated has custody of $60.97 billion in cash and securities for 138,574 clients in total and acts as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 41% of the total AUM. The second-largest asset type is exchange traded securities, which make up 38% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stifel, Nicolaus & Company, Incorporated for their services and products based on a percentage of assets under management, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients James Joseph Iii Schlafly serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of James Joseph Iii Schlafly is high net worth individuals with 49,270 clients and $50.98 billion of assets under management. Among the 8 most similar advisory firms, Stifel, Nicolaus & Company, Incorporated has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $74.65 billion for 138,929 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Stifel, Nicolaus & Company, Incorporated also advises several private funds. Namely, sixteen other private funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Stifel, Nicolaus & Company, Incorporated

The company employs 5,746 people that are either part- or full-time employees. 69 percent of the employees work as investment advisers or researchers. 2,936 employees are registered as investment adviser representatives with the state securities authorities.

There are 45 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

James Joseph Iii Schlafly has been acting as President since 1 Mar 1984. Adam Scott Melinger joined the executive team most recently as the Rosfp Pcg.

Direct owners and executive officers

Based in St Louis

The principal office where Stifel, Nicolaus & Company, Incorporated performs its advisory services is located at 501 N Broadway, St Louis, MO 63102, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-342-2000 or by fax 314-342-2830. The normal business hours are 8:00 - 4:30 on Monday - Friday. You can find more information about the New York firm at stifel.com.

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